Property Prices in Thane, India

Index Info
Price to Income Ratio: 14.77
Mortgage as Percentage of Income: 150.06%
Loan Affordability Index: 0.67
Price to Rent Ratio - City Centre: 38.88
Price to Rent Ratio - Outside of Centre: 41.70
Gross Rental Yield (City Centre): 2.57%
Gross Rental Yield (Outside of Centre): 2.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 20,357.14 ₹ 15,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 13,545.45 ₹ 12,000.00-18,000.00
Apartment (3 bedrooms) in City Centre 39,384.62 ₹ 30,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 24,625.00 ₹ 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 11,501.28 ₹ 9,290.23-14,999.88
Salaries And Financing
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Average Monthly Net Salary (After Tax) 51,153.85 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.16 7.00-11.00

These data are based on 129 entries in the past 18 months from 21 different contributors.
Last update: July 2021

Sources and References
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