Property Prices in Navi Mumbai, India

Index Info
Price to Income Ratio: 11.74
Mortgage as Percentage of Income: 114.30%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 36.19
Price to Rent Ratio - Outside of Centre: 30.08
Gross Rental Yield (City Centre): 2.76%
Gross Rental Yield (Outside of Centre): 3.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,833.33 ₹ 23,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 16,166.67 ₹ 10,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 58,333.33 ₹ 45,000.00-80,000.00
Apartment (3 bedrooms) Outside of Centre 41,166.67 ₹ 25,000.00-60,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 22,333.15 ₹ 19,999.83-24,999.79
Price per Square Feet to Buy Apartment Outside of Centre 11,695.16 ₹ 9,499.92-14,585.66
Salaries And Financing
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Average Monthly Net Salary (After Tax) 78,000.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.59 6.70-8.50

These data are based on 57 entries in the past 18 months from 11 different contributors.
Last update: September 2022

Sources and References
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