Property Prices in Chennai, India

Index Info
Price to Income Ratio: 8.17
Mortgage as Percentage of Income: 89.69%
Loan Affordability Index: 1.11
Price to Rent Ratio - City Centre: 38.41
Price to Rent Ratio - Outside of Centre: 28.11
Gross Rental Yield (City Centre): 2.60%
Gross Rental Yield (Outside of Centre): 3.56%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 16,963.00 ₹ 10,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 9,730.77 ₹ 7,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 40,974.36 ₹ 27,000.00-75,000.00
Apartment (3 bedrooms) Outside of Centre 21,526.32 ₹ 15,000.00-40,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 15,240.19 ₹ 9,999.92-24,999.79
Price per Square Feet to Buy Apartment Outside of Centre 6,115.10 ₹ 4,999.96-8,999.93
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 70,339.79 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.23 8.00-12.00

These data are based on 431 entries in the past 18 months from 67 different contributors.
Last update: January 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far