Property Prices in Surat, India

Index Info
Price to Income Ratio: 9.13
Mortgage as Percentage of Income: 100.02%
Loan Affordability Index: 1.00
Price to Rent Ratio - City Centre: 16.10
Price to Rent Ratio - Outside of Centre: 7.41
Gross Rental Yield (City Centre): 6.21%
Gross Rental Yield (Outside of Centre): 13.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 21,812.50 ₹ 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 47,783.94 ₹ 28,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 40,611.11 ₹ 25,000.00-136,663.00
Apartment (3 bedrooms) Outside of Centre 22,291.67 ₹ 13,000.00-48,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,228.18 ₹ 4,999.96-9,999.92
Price per Square Feet to Buy Apartment Outside of Centre 4,782.06 ₹ 3,999.97-7,432.18
Salaries And Financing
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Average Monthly Net Salary (After Tax) 35,416.67 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.21 8.00-12.00

These data are based on 118 entries from 27 contributors over the past 18 months.
Last update: 27 June 2025

Sources and References
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