Property Prices in Mumbai, India

Index Info
Price to Income Ratio: 30.43
Mortgage as Percentage of Income: 333.75%
Loan Affordability Index: 0.30
Price to Rent Ratio - City Centre: 38.14
Price to Rent Ratio - Outside of Centre: 36.98
Gross Rental Yield (City Centre): 2.62%
Gross Rental Yield (Outside of Centre): 2.70%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 59,612.89 ₹ 40,000.00-100,000.00
Apartment (1 bedroom) Outside of Centre 30,573.51 ₹ 20,000.00-45,000.00
Apartment (3 bedrooms) in City Centre 154,166.67 ₹ 90,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 71,405.41 ₹ 50,000.00-125,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 593,529.74 ₹ 430,556.42-1,000,000.00
Price per Square Meter to Buy Apartment Outside of Centre 279,697.56 ₹ 215,278.21-430,556.42
Salaries And Financing
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Average Monthly Net Salary (After Tax) 71,735.21 ₹
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.22 7.60-12.00

These data are based on 460 entries from 69 contributors over the past 18 months.
Last update: 18 June 2025

Sources and References
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1 Comments so far
Palash on Sep 05, 2022:
It is wise to calculate IRR before going for purchasing a property