Property Prices in Vellore, India

Index
Price to Income Ratio:	14.70
Mortgage as Percentage of Income:	131.48%
Loan Affordability Index:	0.76
Price to Rent Ratio - City Centre:	67.37
Price to Rent Ratio - Outside of Centre:	55.14
Gross Rental Yield (City Centre):	1.48%
Gross Rental Yield (Outside of Centre):	1.81%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	5,500.00 ₹	5,000.00-6,000.00
Apartment (1 bedroom) Outside of Centre	3,000.00 ₹	3,000.00-3,000.00
Apartment (3 bedrooms) in City Centre	16,000.00 ₹	12,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre	15,000.00 ₹
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	9,593.26 ₹
Price per Square Feet to Buy Apartment Outside of Centre	6,035.52 ₹
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	28,618.98 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.50	5.00-8.00

These data are based on 15 entries in the past 18 months from 4 different contributors.
Last update: September 2024

Sources and References

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Chennai	86.74 miles
Bangalore	119.81 miles

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