Property Prices in Nellore, India

Index Info
Price to Income Ratio: 22.68
Mortgage as Percentage of Income: 233.31%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 92.74
Price to Rent Ratio - Outside of Centre: 102.77
Gross Rental Yield (City Centre): 1.08%
Gross Rental Yield (Outside of Centre): 0.97%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 10,666.67 ₹ 8,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 6,333.33 ₹ 4,000.00-9,000.00
Apartment (3 bedrooms) in City Centre 23,666.67 ₹ 20,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 14,333.33 ₹ 10,000.00-18,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 22,150.32 ₹ 4,999.96-46,451.13
Price per Square Feet to Buy Apartment Outside of Centre 14,720.28 ₹ 3,499.97-37,160.91
Salaries And Financing
Average Monthly Net Salary (After Tax) 43,750.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.33 5.00-10.00

These data are based on 27 entries in the past 18 months from 5 different contributors.
Last update: July 2023

Sources and References
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