Property Prices in Meerut, India

Index Info
Price to Income Ratio: 4.86
Mortgage as Percentage of Income: 51.45%
Loan Affordability Index: 1.94
Price to Rent Ratio - City Centre: 11.43
Price to Rent Ratio - Outside of Centre: 11.31
Gross Rental Yield (City Centre): 8.75%
Gross Rental Yield (Outside of Centre): 8.84%

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Rent Per Month
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1 Bedroom Apartment in City Centre ₹14,333.33 8,000.00-25,000.00
1 Bedroom Apartment Outside of City Centre ₹9,000.00 6,000.00-15,000.00
3 Bedroom Apartment in City Centre ₹68,750.00 20,000.00-200,000.00
3 Bedroom Apartment Outside of City Centre ₹16,666.67 15,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ₹5,806.39 2,322.56-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre ₹2,090.30 1,393.53-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) ₹43,750.00
Annual Mortgage Interest Rate (20-Year Fixed, in %) 8.73 7.00-9.50

These data are based on 30 entries from 5 contributors over the past 18 months.
Last update: 1 June 2026

Sources and References
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