Property Prices in Navi Mumbai, India

Index Info
Price to Income Ratio: 11.23
Mortgage as Percentage of Income: 118.96%
Loan Affordability Index: 0.84
Price to Rent Ratio - City Centre: 27.06
Price to Rent Ratio - Outside of Centre: 39.05
Gross Rental Yield (City Centre): 3.70%
Gross Rental Yield (Outside of Centre): 2.56%
Rent Per Month
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Apartment (1 bedroom) in City Centre 25,511.11 ₹ 20,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 16,277.78 ₹ 12,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 73,333.33 ₹ 50,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 38,400.00 ₹ 20,000.00-75,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 17,753.95 ₹ 9,940.54-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 14,685.45 ₹ 9,476.03-18,580.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 77,722.22 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.73 7.50-11.45

These data are based on 85 entries in the past 18 months from 19 different contributors.
Last update: December 2024

Sources and References
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