Property Prices in Ahmedabad, India

Index Info
Price to Income Ratio: 8.33
Mortgage as Percentage of Income: 89.43%
Loan Affordability Index: 1.12
Price to Rent Ratio - City Centre: 21.97
Price to Rent Ratio - Outside of Centre: 23.41
Gross Rental Yield (City Centre): 4.55%
Gross Rental Yield (Outside of Centre): 4.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,162.86 ₹ 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 11,701.48 ₹ 8,000.00-21,384.78
Apartment (3 bedrooms) in City Centre 32,383.17 ₹ 22,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 20,842.86 ₹ 15,000.00-40,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,074.34 ₹ 4,180.60-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 5,527.19 ₹ 3,716.09-8,825.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 40,730.77 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.93 7.00-11.00

These data are based on 309 entries in the past 18 months from 54 different contributors.
Last update: January 2025

Sources and References
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