Property Prices in Muzaffarpur, India

Index Info
Price to Income Ratio: 27.81
Mortgage as Percentage of Income: 279.1%
Loan Affordability Index: 0.36
Price to Rent Ratio - City Centre: 135.52
Price to Rent Ratio - Outside of Centre: 93.72
Gross Rental Yield (City Centre): 0.74%
Gross Rental Yield (Outside of Centre): 1.07%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 6,666.67 ₹ 6,000.0-8,000.0
Apartment (1 bedroom) Outside of Centre 6,333.33 ₹ 4,000.0-10,000.0
Apartment (3 bedrooms) in City Centre 13,000.0 ₹ 9,000.0-17,000.0
Apartment (3 bedrooms) Outside of Centre 11,333.33 ₹ 7,000.0-15,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 18,999.84 ₹
Price per Square Feet to Buy Apartment Outside of Centre 11,999.9 ₹
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,000.0 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.0 6.5-10.0

These data are based on 17 entries in the past 18 months from 3 different contributors.
Last update: August 2024

Sources and References
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