Property Prices in Madurai, India

Index Info
Price to Income Ratio: 22.06
Mortgage as Percentage of Income: 281.14%
Loan Affordability Index: 0.36
Price to Rent Ratio - City Centre: 94.40
Price to Rent Ratio - Outside of Centre: 54.56
Gross Rental Yield (City Centre): 1.06%
Gross Rental Yield (Outside of Centre): 1.83%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 8,120.68 ₹ 6,482.74-15,000.00
Apartment (1 bedroom) Outside of Centre 6,735.75 ₹ 5,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 20,371.27 ₹ 10,856.34-30,000.00
Apartment (3 bedrooms) Outside of Centre 18,000.00 ₹ 12,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 18,290.15 ₹ 17,999.85-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 9,074.11 ₹ 6,999.94-11,148.27
Salaries And Financing
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Average Monthly Net Salary (After Tax) 33,375.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.43 9.00-13.30

These data are based on 37 entries in the past 18 months from 7 different contributors.
Last update: December 2024

Sources and References
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