Property Prices in Chandigarh, India

Index Info
Price to Income Ratio: 14.76
Mortgage as Percentage of Income: 152.76%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 58.99
Price to Rent Ratio - Outside of Centre: 50.31
Gross Rental Yield (City Centre): 1.70%
Gross Rental Yield (Outside of Centre): 1.99%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,750.00 ₹ 10,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 9,000.00 ₹ 6,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 35,222.22 ₹ 29,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 22,888.89 ₹ 15,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 20,227.78 ₹ 10,683.76-29,999.75
Price per Square Feet to Buy Apartment Outside of Centre 10,883.77 ₹ 8,361.20-14,999.88
Salaries And Financing
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Average Monthly Net Salary (After Tax) 56,729.17 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.42 7.00-9.00

These data are based on 94 entries in the past 18 months from 23 different contributors.
Last update: January 2025

Sources and References
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