Property Prices in Nagpur, India

Index Info
Price to Income Ratio: 7.83
Mortgage as Percentage of Income: 95.34%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 31.90
Price to Rent Ratio - Outside of Centre: 27.92
Gross Rental Yield (City Centre): 3.14%
Gross Rental Yield (Outside of Centre): 3.58%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 9,062.50 ₹ 5,000.00-13,000.00
Apartment (1 bedroom) Outside of Centre 5,625.00 ₹ 3,000.00-8,000.00
Apartment (3 bedrooms) in City Centre 22,000.00 ₹ 15,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 13,125.00 ₹ 10,000.00-15,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 6,778.16 ₹ 4,645.11-11,999.90
Price per Square Feet to Buy Apartment Outside of Centre 3,608.03 ₹ 2,999.98-5,999.95
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 35,714.29 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.75 8.00-12.50

These data are based on 70 entries in the past 18 months from 11 different contributors.
Last update: October 2020

Sources and References
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