Southern Asia: Property Prices Index by City 2023 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Colombo, Sri Lanka 36.6 4.6 2.7 21.7 37.3 696.1 0.1
Kathmandu, Nepal 34.8 2.3 2.8 43.4 35.9 501.5 0.2
Tehran, Iran 32.0 5.2 6.1 19.2 16.5 715.7 0.1
Mumbai, India 29.8 2.4 2.9 40.9 34.4 311.7 0.3
Isfahan (Esfahan), Iran 20.6 6.3 12.4 16.0 8.0 493.8 0.2
Jaipur, India 19.4 2.0 3.3 50.9 30.0 200.7 0.5
Mashhad, Iran 19.1 5.3 5.4 19.0 18.6 375.5 0.3
Karachi, Pakistan 17.3 3.8 4.4 26.2 22.8 306.0 0.3
Dhaka, Bangladesh 15.0 3.2 3.7 31.6 27.3 174.1 0.6
Delhi, India 13.9 2.5 3.4 39.3 29.5 143.6 0.7
Lahore, Pakistan 12.7 4.7 5.0 21.5 20.0 198.6 0.5
Chittagong, Bangladesh 10.8 3.5 4.0 29.0 25.0 116.3 0.9
Chennai, India 10.8 2.6 4.0 39.1 24.9 110.9 0.9
Kolkata, India 10.2 3.2 3.8 31.6 26.0 106.3 0.9
Indore, India 8.5 2.6 3.2 38.9 30.8 91.8 1.1
Ahmedabad, India 8.3 7.7 11.5 13.0 8.7 84.4 1.2
Gurgaon, India 7.4 3.5 4.0 28.8 25.1 77.4 1.3
Hyderabad, India 7.0 4.0 4.2 25.3 23.6 73.8 1.4
Lucknow (Lakhnau), India 6.9 3.8 5.5 26.6 18.3 72.3 1.4
Pune, India 6.7 3.3 3.8 29.9 26.5 69.7 1.4
Bangalore, India 4.8 4.0 5.0 25.3 20.1 51.9 1.9