Property Prices in Surat, India

Index Info
Price to Income Ratio: 6.85
Mortgage as Percentage of Income: 76.04%
Loan Affordability Index: 1.32
Price to Rent Ratio - City Centre: 13.60
Price to Rent Ratio - Outside of Centre: 4.33
Gross Rental Yield (City Centre): 7.35%
Gross Rental Yield (Outside of Centre): 23.09%
Rent Per Month
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1 Bedroom Apartment in City Centre 21,287.50 ₹ 17,900.00-30,000.00
1 Bedroom Apartment Outside of City Centre 47,783.94 ₹ 28,000.00-50,000.00
3 Bedroom Apartment in City Centre 42,200.00 ₹ 25,000.00-136,663.00
3 Bedroom Apartment Outside of City Centre 20,893.75 ₹ 13,000.00-48,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,137.85 ₹ 5,620.59-7,999.93
Price per Square Feet to Buy Apartment Outside of Centre 2,766.14 ₹ 2,582.68-6,018.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 35,000.00 ₹
Annual Mortgage Interest Rate (20-Year Fixed, in %) 9.40 8.00-12.00

These data are based on 116 entries from 27 contributors over the past 18 months.
Last update: 29 December 2025

Sources and References
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