Property Prices in Mumbai, India
| Index |  |
|---|---|
| Price to Income Ratio: | 27.74 |
| Mortgage as Percentage of Income: | 300.77% |
| Loan Affordability Index: | 0.33 |
| Price to Rent Ratio - City Centre: | 38.33 |
| Price to Rent Ratio - Outside of Centre: | 34.80 |
| Gross Rental Yield (City Centre): | 2.61% |
| Gross Rental Yield (Outside of Centre): | 2.87% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 57,068.85 ₹ | |
| Apartment (1 bedroom) Outside of Centre | 30,634.21 ₹ | |
| Apartment (3 bedrooms) in City Centre | 155,722.01 ₹ | |
| Apartment (3 bedrooms) Outside of Centre | 78,641.03 ₹ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 54,634.79 ₹ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 25,751.15 ₹ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 77,994.54 ₹ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.06 |
These data are based on 531 entries in the past 18 months from 94 different contributors.
Last update: January 2025
Sources and References
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Nearby cities:| Property Prices in Navi Mumbai | 16.01 miles |
| Property Prices in Kalyan | 30.83 miles |
| Property Prices in Uran, Maharashtra | 32.87 miles |
| Property Prices in Pune | 94.83 miles |
| Property Prices in Navsari | 156.83 miles |
| Property Prices in Mandangad | 172.31 miles |
| Property Prices in Surat | 180.81 miles |
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Leave a comment:1 Comments so far
Palash
on Sep 05, 2022:
It is wise to calculate IRR before going for purchasing a property