Property Prices in Mumbai, India
| Index |  |
|---|---|
| Price to Income Ratio: | 34.22 |
| Mortgage as Percentage of Income: | 362.20% |
| Loan Affordability Index: | 0.28 |
| Price to Rent Ratio - City Centre: | 39.97 |
| Price to Rent Ratio - Outside of Centre: | 32.01 |
| Gross Rental Yield (City Centre): | 2.50% |
| Gross Rental Yield (Outside of Centre): | 3.12% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 41,600.00 ₹ | |
| Apartment (1 bedroom) Outside of Centre | 21,655.41 ₹ | |
| Apartment (3 bedrooms) in City Centre | 123,283.58 ₹ | |
| Apartment (3 bedrooms) Outside of Centre | 55,492.54 ₹ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 43,512.05 ₹ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 16,730.57 ₹ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 47,377.26 ₹ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.72 |
These data are based on 844 entries in the past 12 months from 126 different contributors.
Last update: January 2021
Sources and References
Nearby cities:| Property Prices in Navi Mumbai | 16.01 miles |
| Property Prices in Kalyan | 30.83 miles |
| Property Prices in Pune | 94.83 miles |
| Property Prices in Navsari | 156.83 miles |
| Property Prices in Mandangad | 172.31 miles |
| Property Prices in Surat | 180.81 miles |
| Property Prices in Aurangabad | 231.51 miles |
This page in other languages:
DeutschImmobilienpreise in Mumbai
PortuguêsPreços de Imóveis em Bombaim (Mumbai)
ItalianoPrezzi delle proprietà immobiliari a Mumbai
FrançaisPrix de l'immobilier à Bombay
EspañolPrecios de Inmuebles en Bombay (Mumbai)
Leave a comment:2 Comments so far
Anonymous
on Sep 27, 2019:
The whole concept of owning a house is turned upside down in past few years. In coming years, Mumbai would be a rental hub.
Anonymous
on Apr 08, 2017:
Average Monthly Net Salary (After Tax) Rs.51,332.23 ,and bank give max loan up to your years salary so average mumbaikar is eligible for apx 37 lac for bank loan and average house cost in mumbai is 2 cr this market cant sustain longer it has to come down and alredy 40000 society signed agreement for redevelopment and all multi story high rise bldg going to fluad mumbai market