Property Prices in Allahabad, India

Index
Price to Income Ratio:	12.75
Mortgage as Percentage of Income:	135.17%
Loan Affordability Index:	0.74
Price to Rent Ratio - City Centre:	45.16
Price to Rent Ratio - Outside of Centre:	36.28
Gross Rental Yield (City Centre):	2.21%
Gross Rental Yield (Outside of Centre):	2.76%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	11,000.00 ₹	10,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre	6,000.00 ₹	5,000.00-7,000.00
Apartment (3 bedrooms) in City Centre	19,500.00 ₹	15,000.00-24,000.00
Apartment (3 bedrooms) Outside of Centre	14,000.00 ₹	10,000.00-18,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	9,999.92 ₹
Price per Square Feet to Buy Apartment Outside of Centre	4,999.96 ₹
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	31,666.67 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.75	6.75-10.00

These data are based on 16 entries in the past 18 months from 3 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

Property Prices in Mirzapur	53.72 miles
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Property Prices in Kanpur	124.15 miles
Property Prices in Unnao	131.56 miles
Property Prices in Lucknow (Lakhnau)	135.92 miles
Property Prices in Gorakhpur	161.16 miles
Property Prices in Jabalpur	219.51 miles
Property Prices in Patna	233.87 miles
Property Prices in Shahjahanpur	244.27 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	7,100.00
GDP Growth Rate:	7.24%
Population Growth Rate:	0.70%