Property Prices in Lucknow (Lakhnau), India

Index Info
Price to Income Ratio: 12.50
Mortgage as Percentage of Income: 131.92%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 37.19
Price to Rent Ratio - Outside of Centre: 31.34
Gross Rental Yield (City Centre): 2.69%
Gross Rental Yield (Outside of Centre): 3.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 12,500.00 ₹ 8,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 8,000.00 ₹ 6,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 31,250.00 ₹ 20,000.00-45,000.00
Apartment (3 bedrooms) Outside of Centre 18,833.33 ₹ 15,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 11,072.48 ₹ 9,290.23-19,999.83
Price per Square Feet to Buy Apartment Outside of Centre 5,786.24 ₹ 3,999.97-7,999.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 36,307.69 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.69 8.00-10.00

These data are based on 85 entries in the past 18 months from 18 different contributors.
Last update: November 2024

Sources and References
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