Property Prices in Allahabad, India

Index
Price to Income Ratio:	11.32
Mortgage as Percentage of Income:	120.01%
Loan Affordability Index:	0.83
Price to Rent Ratio - City Centre:	45.05
Price to Rent Ratio - Outside of Centre:	34.91
Gross Rental Yield (City Centre):	2.22%
Gross Rental Yield (Outside of Centre):	2.86%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	10,666.67 ₹	10,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre	6,333.33 ₹	5,000.00-7,000.00
Apartment (3 bedrooms) in City Centre	20,333.33 ₹	15,000.00-24,000.00
Apartment (3 bedrooms) Outside of Centre	14,333.33 ₹	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)	35,666.67 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.75	6.75-10.00

These data are based on 25 entries in the past 18 months from 4 different contributors.
Last update: January 2025

Sources and References

Nearby cities:

Property Prices in Mirzapur	53.72 miles
Property Prices in Sultanpur	62.59 miles
Property Prices in Varanasi	75.03 miles
Property Prices in Kanpur	124.15 miles
Property Prices in Unnao	131.56 miles
Property Prices in Singrauli	135.59 miles
Property Prices in Lucknow (Lakhnau)	135.92 miles
Property Prices in Hamirpur	137.17 miles
Property Prices in Gorakhpur	161.16 miles
Property Prices in Mahmudabad	164.72 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%