Property Prices in Ranchi, India

Index Info
Price to Income Ratio: 14.80
Mortgage as Percentage of Income: 198.66%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 44.31
Price to Rent Ratio - Outside of Centre: 41.73
Gross Rental Yield (City Centre): 2.26%
Gross Rental Yield (Outside of Centre): 2.40%

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Rent Per Month
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1 Bedroom Apartment in City Centre ₹9,700.00 7,000.00-25,000.00
1 Bedroom Apartment Outside of City Centre ₹6,700.00 5,000.00-19,000.00
3 Bedroom Apartment in City Centre ₹23,200.00 15,000.00-60,000.00
3 Bedroom Apartment Outside of City Centre ₹16,000.00 11,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ₹9,999.92
Price per Square Feet to Buy Apartment Outside of Centre ₹6,499.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) ₹30,000.00
Annual Mortgage Interest Rate (20-Year Fixed, in %) 12.25 8.00-20.00

These data are based on 38 entries from 7 contributors over the past 18 months.
Last update: 1 June 2026

Sources and References
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