Property Prices in Navi Mumbai, India

Index Info
Price to Income Ratio: 10.99
Mortgage as Percentage of Income: 123.19%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 34.47
Price to Rent Ratio - Outside of Centre: 28.06
Gross Rental Yield (City Centre): 2.90%
Gross Rental Yield (Outside of Centre): 3.56%
Rent Per Month
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Apartment (1 bedroom) in City Centre 24,083.33 ₹ 20,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 13,772.73 ₹ 10,000.00-18,000.00
Apartment (3 bedrooms) in City Centre 53,333.33 ₹ 40,000.00-75,000.00
Apartment (3 bedrooms) Outside of Centre 29,700.00 ₹ 25,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 18,572.42 ₹ 11,999.90-29,999.75
Price per Square Feet to Buy Apartment Outside of Centre 8,531.72 ₹ 6,999.94-9,999.92
Salaries And Financing
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Average Monthly Net Salary (After Tax) 66,371.79 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.53 8.47-10.00

These data are based on 113 entries in the past 18 months from 18 different contributors.
Last update: March 2021

Sources and References
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