Property Prices in Thane, India

Index Info
Price to Income Ratio: 16.45
Mortgage as Percentage of Income: 177.84%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 35.04
Price to Rent Ratio - Outside of Centre: 35.85
Gross Rental Yield (City Centre): 2.85%
Gross Rental Yield (Outside of Centre): 2.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,937.50 ₹ 18,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 17,750.00 ₹ 15,000.00-22,000.00
Apartment (3 bedrooms) in City Centre 57,142.86 ₹ 50,000.00-80,000.00
Apartment (3 bedrooms) Outside of Centre 44,000.00 ₹ 35,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 19,499.84 ₹ 17,999.85-20,999.83
Price per Square Feet to Buy Apartment Outside of Centre 15,087.28 ₹ 11,999.90-18,174.66
Salaries And Financing
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Average Monthly Net Salary (After Tax) 56,571.43 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.02 8.65-9.50

These data are based on 62 entries from 12 contributors over the past 18 months.
Last update: April 2025

Sources and References
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