Property Prices in Ahmedabad, India

Index Info
Price to Income Ratio: 9.60
Mortgage as Percentage of Income: 104.13%
Loan Affordability Index: 0.96
Price to Rent Ratio - City Centre: 28.61
Price to Rent Ratio - Outside of Centre: 25.41
Gross Rental Yield (City Centre): 3.50%
Gross Rental Yield (Outside of Centre): 3.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,379.41 ₹ 10,000.00-22,500.00
Apartment (1 bedroom) Outside of Centre 12,056.32 ₹ 8,000.00-22,000.00
Apartment (3 bedrooms) in City Centre 31,754.60 ₹ 22,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 21,050.00 ₹ 15,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,189.48 ₹ 6,503.16-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 6,124.54 ₹ 3,716.09-8,825.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 42,925.93 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.06 8.00-12.00

These data are based on 296 entries in the past 18 months from 53 different contributors.
Last update: November 2024

Sources and References
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