Property Prices in Ludhiana, India

Index Info
Price to Income Ratio: 7.62
Mortgage as Percentage of Income: 80.08%
Loan Affordability Index: 1.25
Price to Rent Ratio - City Centre: 12.66
Price to Rent Ratio - Outside of Centre: 13.35
Gross Rental Yield (City Centre): 7.90%
Gross Rental Yield (Outside of Centre): 7.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,400.00 ₹ 10,000.00-34,000.00
Apartment (1 bedroom) Outside of Centre 10,400.00 ₹ 4,000.00-24,000.00
Apartment (3 bedrooms) in City Centre 43,750.00 ₹ 30,000.00-65,000.00
Apartment (3 bedrooms) Outside of Centre 42,333.33 ₹ 27,000.00-55,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,264.46 ₹ 3,251.58-6,503.16
Price per Square Feet to Buy Apartment Outside of Centre 4,412.86 ₹ 4,180.60-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 34,175.20 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.62 6.00-9.50

These data are based on 42 entries in the past 18 months from 7 different contributors.
Last update: October 2024

Sources and References
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