Property Prices in Surat, India

Index Info
Price to Income Ratio: 8.50
Mortgage as Percentage of Income: 91.05%
Loan Affordability Index: 1.10
Price to Rent Ratio - City Centre: 7.31
Price to Rent Ratio - Outside of Centre: 7.76
Gross Rental Yield (City Centre): 13.67%
Gross Rental Yield (Outside of Centre): 12.89%
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 91,818.18 ₹ 45,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 25,500.00 ₹ 12,000.00-48,000.00
Buy Apartment Price
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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
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Average Monthly Net Salary (After Tax) 38,437.50 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.90 8.00-11.00

These data are based on 163 entries in the past 18 months from 34 different contributors.
Last update: November 2024

Sources and References
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