Property Prices in Navi Mumbai, India

Index Info
Price to Income Ratio: 11.26
Mortgage as Percentage of Income: 124.28%
Loan Affordability Index: 0.80
Price to Rent Ratio - City Centre: 34.69
Price to Rent Ratio - Outside of Centre: 28.41
Gross Rental Yield (City Centre): 2.88%
Gross Rental Yield (Outside of Centre): 3.52%
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 13,576.92 ₹ 9,000.00-18,000.00
Apartment (3 bedrooms) in City Centre 58,000.00 ₹ 40,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 31,545.45 ₹ 25,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 19,511.35 ₹ 11,999.90-29,999.75
Price per Square Feet to Buy Apartment Outside of Centre 8,840.24 ₹ 6,999.94-14,585.66
Salaries And Financing
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Average Monthly Net Salary (After Tax) 67,736.11 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.31 7.00-10.00

These data are based on 120 entries in the past 18 months from 19 different contributors.
Last update: June 2021

Sources and References
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