Property Prices in Ahmedabad, India

Index Info
Price to Income Ratio: 9.15
Mortgage as Percentage of Income: 98.58%
Loan Affordability Index: 1.01
Price to Rent Ratio - City Centre: 27.58
Price to Rent Ratio - Outside of Centre: 22.77
Gross Rental Yield (City Centre): 3.63%
Gross Rental Yield (Outside of Centre): 4.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,415.15 ₹ 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 12,058.20 ₹ 8,000.00-21,384.78
Apartment (3 bedrooms) in City Centre 32,306.21 ₹ 22,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 21,324.24 ₹ 15,000.00-40,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,948.11 ₹ 6,503.16-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 5,521.32 ₹ 3,716.09-8,825.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 42,555.56 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.97 7.00-12.00

These data are based on 293 entries in the past 18 months from 51 different contributors.
Last update: December 2024

Sources and References
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