Property Prices in Muzaffarpur, India

Index Info
Price to Income Ratio: 27.81
Mortgage as Percentage of Income: 344.42%
Loan Affordability Index: 0.29
Price to Rent Ratio - City Centre: 124.46
Price to Rent Ratio - Outside of Centre: 96.66
Gross Rental Yield (City Centre): 0.80%
Gross Rental Yield (Outside of Centre): 1.03%

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Rent Per Month
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1 Bedroom Apartment in City Centre 6,875.00 ₹ 6,000.00-8,000.00
1 Bedroom Apartment Outside of City Centre 6,250.00 ₹ 4,000.00-10,000.00
3 Bedroom Apartment in City Centre 15,000.00 ₹ 12,000.00-17,000.00
3 Bedroom Apartment Outside of City Centre 10,750.00 ₹ 7,000.00-15,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 18,999.84 ₹
Price per Square Feet to Buy Apartment Outside of Centre 11,999.90 ₹
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,000.00 ₹
Annual Mortgage Interest Rate (20-Year Fixed, in %) 11.00 10.00-12.00

These data are based on 24 entries from 5 contributors over the past 18 months.
Last update: 7 December 2024

Sources and References
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