Property Prices in Panipat, India

Index
Price to Income Ratio:	24.14
Mortgage as Percentage of Income:	215.96%
Loan Affordability Index:	0.46
Price to Rent Ratio - City Centre:	44.07
Price to Rent Ratio - Outside of Centre:	28.53
Gross Rental Yield (City Centre):	2.27%
Gross Rental Yield (Outside of Centre):	3.5%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	8,000.0 ₹
Apartment (1 bedroom) Outside of Centre	3,500.0 ₹	3,000.0-4,000.0
Apartment (3 bedrooms) in City Centre	24,000.0 ₹
Apartment (3 bedrooms) Outside of Centre	18,000.0 ₹
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	9,290.23 ₹
Price per Square Feet to Buy Apartment Outside of Centre	3,716.09 ₹
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	14,500.0 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.5

These data are based on 10 entries in the past 18 months from 2 different contributors.
Last update: August 2024

Sources and References

Nearby cities:

Property Prices in Delhi	62.35 miles
Property Prices in Bhiwani	69.88 miles
Property Prices in Noida	71.41 miles
Property Prices in Meerut	75.2 miles
Property Prices in Gurgaon	76.13 miles
Property Prices in Faridabad	79.39 miles
Property Prices in Hisar	86.23 miles
Property Prices in Ghaziabad	89.07 miles
Property Prices in Patiala	92.43 miles
Property Prices in Zirakpur	96.0 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	7,100.0
GDP Growth Rate:	7.24%
Population Growth Rate:	0.7%