NUMBEO

Property Prices in Mumbai, India

Index Info
Price to Income Ratio: 43.37
Mortgage as Percentange of Income: 473.78%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 44.12
Price to Rent Ratio - Outside of Centre: 36.23
Gross Rental Yield (City Centre): 2.27%
Gross Rental Yield (Outside of Centre): 2.76%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 39,752.48 Rs 25,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 20,520.83 Rs 13,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 113,075.00 Rs 70,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 49,047.06 Rs 30,000.00-75,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 44,833.75 Rs 24,999.79-69,999.42
Price per Square Feet to Buy Apartment Outside of Centre 17,292.73 Rs 8,499.93-27,870.68
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 38,552.02 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.17 8.00-11.00

These data are based on 691 entries in the past 18 months from 101 different contributors.
Last update: October 2019

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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)

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3 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
#Bhatt Balmukund on Nov 28, 2015 :
Why to buy flats in mumbai when the flat/property price is higest on this earth and compare to property price rental is lowest in mumbai on this planate by name earth so it is always better to go on rental which is apx max 2% per year of property price