Property Prices in Mumbai, India

Index Info
Price to Income Ratio: 30.45
Mortgage as Percentage of Income: 335.27%
Loan Affordability Index: 0.30
Price to Rent Ratio - City Centre: 38.00
Price to Rent Ratio - Outside of Centre: 36.82
Gross Rental Yield (City Centre): 2.63%
Gross Rental Yield (Outside of Centre): 2.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 59,362.33 ₹ 40,000.00-100,000.00
Apartment (1 bedroom) Outside of Centre 30,573.51 ₹ 20,000.00-45,000.00
Apartment (3 bedrooms) in City Centre 155,731.71 ₹ 100,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 72,000.00 ₹ 50,000.00-125,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 55,140.26 ₹ 39,999.67-92,902.27
Price per Square Feet to Buy Apartment Outside of Centre 25,984.54 ₹ 19,999.83-39,999.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 71,704.93 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.28 7.60-12.00

These data are based on 454 entries from 68 contributors over the past 18 months.
Last update: 10 June 2025

Sources and References
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1 Comments so far
Palash on Sep 05, 2022:
It is wise to calculate IRR before going for purchasing a property