Property Prices in Thane, India

Index Info
Price to Income Ratio: 17.11
Mortgage as Percentage of Income: 179.45%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 40.27
Price to Rent Ratio - Outside of Centre: 40.57
Gross Rental Yield (City Centre): 2.48%
Gross Rental Yield (Outside of Centre): 2.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 19,722.22 ₹ 15,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 12,866.67 ₹ 10,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 37,875.00 ₹ 30,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 24,600.00 ₹ 20,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,582.11 ₹ 12,077.29-24,999.79
Price per Square Feet to Buy Apartment Outside of Centre 10,876.11 ₹ 8,499.93-14,999.88
Salaries And Financing
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Average Monthly Net Salary (After Tax) 43,182.14 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.60 7.50-10.25

These data are based on 159 entries in the past 18 months from 27 different contributors.
Last update: December 2020

Sources and References
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