Property Prices in Navi Mumbai, India

Index Info
Price to Income Ratio: 11.96
Mortgage as Percentage of Income: 126.71%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 27.63
Price to Rent Ratio - Outside of Centre: 38.15
Gross Rental Yield (City Centre): 3.62%
Gross Rental Yield (Outside of Centre): 2.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 26,383.33 ₹ 20,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 16,954.55 ₹ 10,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 68,750.00 ₹ 40,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 38,666.67 ₹ 20,000.00-65,000.00
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) 72,969.70 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.73 7.50-11.45

These data are based on 91 entries in the past 18 months from 17 different contributors.
Last update: January 2025

Sources and References
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