Property Prices in Surat, India

Index
Price to Income Ratio:	8.12
Mortgage as Percentage of Income:	86.44%
Loan Affordability Index:	1.16
Price to Rent Ratio - City Centre:	24.15
Price to Rent Ratio - Outside of Centre:	20.29
Gross Rental Yield (City Centre):	4.14%
Gross Rental Yield (Outside of Centre):	4.93%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	9,913.64 ₹	5,000.00-17,000.00
Apartment (1 bedroom) Outside of Centre	7,747.62 ₹	3,500.00-15,000.00
Apartment (3 bedrooms) in City Centre	19,113.04 ₹	15,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre	13,718.18 ₹	8,000.00-20,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	5,007.38 ₹	4,499.96-7,999.93
Price per Square Feet to Buy Apartment Outside of Centre	3,162.47 ₹	2,799.98-3,499.97
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	27,083.33 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.81	7.00-10.50

These data are based on 204 entries in the past 18 months from 35 different contributors.
Last update: November 2020

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