Property Prices in Nagpur, India

Index Info
Price to Income Ratio: 11.81
Mortgage as Percentage of Income: 127.46%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 29.70
Price to Rent Ratio - Outside of Centre: 26.95
Gross Rental Yield (City Centre): 3.37%
Gross Rental Yield (Outside of Centre): 3.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 24,000.00 ₹ 15,000.00-32,000.00
Apartment (1 bedroom) Outside of Centre 17,000.00 ₹ 10,000.00-28,000.00
Apartment (3 bedrooms) in City Centre 43,714.29 ₹ 25,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 35,600.00 ₹ 28,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 14,526.75 ₹ 9,999.92-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 9,967.65 ₹ 5,999.95-13,935.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 55,833.33 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.00 8.00-10.00

These data are based on 60 entries in the past 18 months from 11 different contributors.
Last update: December 2024

Sources and References
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