Property Prices in Meerut, India

Index
Price to Income Ratio:	4.86
Mortgage as Percentage of Income:	55.86%
Loan Affordability Index:	1.79
Price to Rent Ratio - City Centre:	11.43
Price to Rent Ratio - Outside of Centre:	11.31
Gross Rental Yield (City Centre):	8.75%
Gross Rental Yield (Outside of Centre):	8.84%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	14,333.33 ₹	8,000.0-25,000.0
Apartment (1 bedroom) Outside of Centre	9,000.0 ₹	6,000.0-15,000.0
Apartment (3 bedrooms) in City Centre	68,750.0 ₹	20,000.0-200,000.0
Apartment (3 bedrooms) Outside of Centre	16,666.67 ₹	15,000.0-20,000.0
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	5,806.39 ₹	2,322.56-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre	2,090.3 ₹	1,393.53-2,787.07
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	43,750.0 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.9	7.0-11.0

These data are based on 31 entries in the past 18 months from 6 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Ghaziabad	28.14 miles
Property Prices in Noida	42.06 miles
Property Prices in Delhi	42.98 miles
Property Prices in Khurja	51.38 miles
Property Prices in Faridabad	56.20 miles
Property Prices in Gurgaon	61.98 miles
Property Prices in Panipat	75.22 miles
Property Prices in Bhiwadi	84.91 miles
Property Prices in Rishikesh	105.39 miles
Property Prices in Bhiwani	111.57 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	7,100.0
GDP Growth Rate:	7.24%
Population Growth Rate:	0.7%