Property Prices in Thane, India

Index Info
Price to Income Ratio: 21.34
Mortgage as Percentage of Income: 220.70%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 41.83
Price to Rent Ratio - Outside of Centre: 37.41
Gross Rental Yield (City Centre): 2.39%
Gross Rental Yield (Outside of Centre): 2.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 24,187.50 ₹ 20,000.00-25,500.00
Apartment (1 bedroom) Outside of Centre 17,833.33 ₹ 15,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 53,333.33 ₹ 50,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 36,833.33 ₹ 30,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 22,583.15 ₹ 18,499.85-29,999.75
Price per Square Feet to Buy Apartment Outside of Centre 14,419.88 ₹ 4,599.96-29,999.75
Salaries And Financing
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Average Monthly Net Salary (After Tax) 46,666.67 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.41 7.80-9.25

These data are based on 71 entries in the past 12 months from 11 different contributors.
Last update: September 2023

Sources and References
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