Property Prices in Jamnagar, India

Index Info
Price to Income Ratio: 7.30
Mortgage as Percentage of Income: 92.36%
Loan Affordability Index: 1.08
Price to Rent Ratio - City Centre: 22.19
Price to Rent Ratio - Outside of Centre: 22.51
Gross Rental Yield (City Centre): 4.51%
Gross Rental Yield (Outside of Centre): 4.44%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 7,333.33 ₹ 5,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 4,166.67 ₹ 3,000.00-6,000.00
Apartment (3 bedrooms) in City Centre 17,666.67 ₹ 15,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 11,000.00 ₹ 9,000.00-14,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,799.97 ₹
Price per Square Feet to Buy Apartment Outside of Centre 2,299.98 ₹
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,500.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.33 7.50-12.00

These data are based on 24 entries in the past 18 months from 6 different contributors.
Last update: September 2024

Sources and References
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2 Comments so far
Amrat Davda on Jun 19, 2021:
Income of properties occupied by tenants from decade's is so low!! can not buy a full meal for a day from months rental. Income of tenement has risen with many with own properties. Is there any provision to get such properties vacant by law?.
Amratlal on Feb 23, 2021:
Is value of property in jamnagar increasing or is effected by covid?