Property Prices in Surat, India

Index Info
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

Sources and References
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