Property Prices in Surat, India

Index Info
Price to Income Ratio: 8.39
Mortgage as Percentage of Income: 89.78%
Loan Affordability Index: 1.11
Price to Rent Ratio - City Centre: 7.40
Price to Rent Ratio - Outside of Centre: 7.88
Gross Rental Yield (City Centre): 13.51%
Gross Rental Yield (Outside of Centre): 12.69%
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 89,565.22 ₹ 40,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 23,500.00 ₹ 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) 38,928.57 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.88 8.00-11.00

These data are based on 161 entries in the past 18 months from 35 different contributors.
Last update: February 2025

Sources and References
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