Property Prices in Solapur, India

Index
Price to Income Ratio:	6.86
Mortgage as Percentage of Income:	70.12%
Loan Affordability Index:	1.43
Price to Rent Ratio - City Centre:	27.09
Price to Rent Ratio - Outside of Centre:	32.22
Gross Rental Yield (City Centre):	3.69%
Gross Rental Yield (Outside of Centre):	3.10%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	8,000.00 ₹	7,000.00-9,000.00
Apartment (1 bedroom) Outside of Centre	5,000.00 ₹	5,000.00-5,000.00
Apartment (3 bedrooms) in City Centre	17,000.00 ₹	16,000.00-18,000.00
Apartment (3 bedrooms) Outside of Centre	13,500.00 ₹	12,000.00-15,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	4,749.96 ₹	4,499.96-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre	3,999.97 ₹
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	34,333.33 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.25	7.50-9.00

These data are based on 16 entries in the past 18 months from 3 different contributors.
Last update: October 2024

Sources and References

Nearby cities:

Property Prices in Akkalkot	24.21 miles
Property Prices in Bijapur	71.69 miles
Property Prices in Latur	76.89 miles
Property Prices in Gulbarga	78.01 miles
Property Prices in Sangli	118.15 miles
Property Prices in Majalgaon	123.94 miles
Property Prices in Karad	137.90 miles
Property Prices in Satara	150.81 miles
Property Prices in Pune	157.00 miles
Property Prices in Nanded	157.64 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	7,100.00
GDP Growth Rate:	7.24%
Population Growth Rate:	0.70%