Property Prices in Surat, India

Index Info
Price to Income Ratio: 8.77
Mortgage as Percentage of Income: 94.00%
Loan Affordability Index: 1.06
Price to Rent Ratio - City Centre: 7.20
Price to Rent Ratio - Outside of Centre: 7.59
Gross Rental Yield (City Centre): 13.89%
Gross Rental Yield (Outside of Centre): 13.17%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 44,219.64 ₹ 22,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 47,783.94 ₹ 28,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 91,818.18 ₹ 45,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 28,333.33 ₹ 15,000.00-48,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,899.94 ₹ 4,499.96-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 5,135.43 ₹ 3,999.97-7,432.18
Salaries And Financing
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Average Monthly Net Salary (After Tax) 36,923.08 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.90 7.60-11.00

These data are based on 153 entries in the past 18 months from 34 different contributors.
Last update: July 2024

Sources and References
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