Property Prices in Rajkot, India

Index Info
Price to Income Ratio: 13.79
Mortgage as Percentage of Income: 155.28%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 37.31
Price to Rent Ratio - Outside of Centre: 41.59
Gross Rental Yield (City Centre): 2.68%
Gross Rental Yield (Outside of Centre): 2.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 11,500.00 ₹ 8,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 6,571.43 ₹ 4,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 30,000.00 ₹ 20,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 17,500.00 ₹ 15,000.00-22,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,455.81 ₹ 9,290.23-12,077.29
Price per Square Feet to Buy Apartment Outside of Centre 6,735.41 ₹ 4,180.60-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 33,545.45 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.59 6.70-12.00

These data are based on 71 entries in the past 18 months from 16 different contributors.
Last update: May 2024

Sources and References
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