Property Prices in Surat, India

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Index Info
Price to Income Ratio: 8.83
Mortgage as Percentage of Income: 96.03%
Loan Affordability Index: 1.04
Price to Rent Ratio - City Centre: 7.38
Price to Rent Ratio - Outside of Centre: 7.96
Gross Rental Yield (City Centre): 13.54%
Gross Rental Yield (Outside of Centre): 12.57%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 44,128.73 ₹ 20,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 47,783.94 ₹ 28,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 90,000.00 ₹ 40,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 22,227.27 ₹ 12,000.00-48,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 6,999.94 ₹ 4,999.96-9,999.92
Price per Square Feet to Buy Apartment Outside of Centre 5,135.43 ₹ 3,999.97-7,432.18
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 37,000.00 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.11 8.00-12.00

These data are based on 166 entries in the past 18 months from 36 different contributors.
Last update: March 2025

Sources and References
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