Property Prices in Nagpur, India

Index Info
Price to Income Ratio: 12.82
Mortgage as Percentage of Income: 141.73%
Loan Affordability Index: 0.71
Price to Rent Ratio - City Centre: 50.20
Price to Rent Ratio - Outside of Centre: 46.72
Gross Rental Yield (City Centre): 1.99%
Gross Rental Yield (Outside of Centre): 2.14%
Rent Per Month
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Apartment (1 bedroom) in City Centre 16,250.00 ₹ 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,500.00 ₹ 5,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 30,250.00 ₹ 25,000.00-36,000.00
Apartment (3 bedrooms) Outside of Centre 19,000.00 ₹ 10,000.00-28,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,790.16 ₹ 14,999.88-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 9,967.65 ₹ 5,999.95-13,935.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 56,166.67 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.33 8.00-12.00

These data are based on 41 entries in the past 18 months from 9 different contributors.
Last update: June 2024

Sources and References
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