Property Prices in Mumbai, India

Index Info
Price to Income Ratio: 28.81
Mortgage as Percentage of Income: 315.73%
Loan Affordability Index: 0.32
Price to Rent Ratio - City Centre: 37.25
Price to Rent Ratio - Outside of Centre: 35.36
Gross Rental Yield (City Centre): 2.68%
Gross Rental Yield (Outside of Centre): 2.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 57,182.55 ₹ 35,000.00-90,000.00
Apartment (1 bedroom) Outside of Centre 29,808.50 ₹ 20,000.00-45,000.00
Apartment (3 bedrooms) in City Centre 154,114.73 ₹ 85,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 71,333.33 ₹ 50,000.00-130,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 52,838.00 ₹ 39,999.67-79,999.33
Price per Square Feet to Buy Apartment Outside of Centre 24,529.60 ₹ 17,999.85-34,999.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 72,254.35 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.21 7.60-12.00

These data are based on 493 entries from 73 contributors over the past 18 months.
Last update: May 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