Property Prices in Nagpur, India

Index Info
Price to Income Ratio: 8.58
Mortgage as Percentage of Income: 104.53%
Loan Affordability Index: 0.96
Price to Rent Ratio - City Centre: 25.59
Price to Rent Ratio - Outside of Centre: 28.80
Gross Rental Yield (City Centre): 3.91%
Gross Rental Yield (Outside of Centre): 3.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 9,222.22 ₹ 5,000.00-13,000.00
Apartment (1 bedroom) Outside of Centre 5,500.00 ₹ 3,000.00-8,000.00
Apartment (3 bedrooms) in City Centre 24,250.00 ₹ 15,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 12,625.00 ₹ 9,000.00-15,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,775.56 ₹ 1,765.14-11,999.90
Price per Square Feet to Buy Apartment Outside of Centre 3,608.03 ₹ 2,999.98-5,999.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) 29,428.57 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.75 8.00-12.50

These data are based on 76 entries in the past 18 months from 13 different contributors.
Last update: June 2021

Sources and References
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