Flats' Sale & Rental Rates in Chennai

Flats' Sale & Rental Rates in

CHENNAI

Index

Price to Income Ratio : 15.65

Mortgage as Percentage of Income : 200.38%

Loan Affordability Index : 0.50

Price to Rent Ratio - City Center : 45.40

Price to Rent Ratio - Outside of Center : 27.53

Gross Rental Yield (City Center) : 2.20%

Gross Rental Yield (Outside of Center) : 3.63%

Comparison

Chennai

15.65

200.38%

0.50

45.40

27.53

2.20%

3.63%

Mumbai

31.86

390.45%

0.26

40.72

33.76

2.46%

2.96%

Bangalore

8.37

104.25%

0.96

27.72

20.42

3.61%

4.90%

Hyderabad

6.56

81.72%

1.22

22.35

22.30

4.47%

4.48%

Rent/Month

1 BHK Flats in Chennai City Center

Range: Rs.10,000.00 - 15,000.00

Average: Rs.11,160.71

1 BHK Flats in Chennai Suburbs

Range: Rs.6,000.00 - 8,000.00

Average: Rs.7,057.69

Comparison

1 BHK in City Center

Chennai

Rs.11,160.71

Mumbai

Rs.31,669.12

Bangalore

Rs.12,587.38

Hyderabad

Rs.8,801.72

Comparison

1 BHK in Suburbs

Chennai

Rs.11,160.71

Mumbai

Rs.15,395.52

Bangalore

Rs.7,744.79

Hyderabad

Rs.5,025.00

Rent/Month

2 BHK Flats in City Center

Range: Rs.19,000.00 - 26,000.00

Average: Rs.20,517.71

2 BHK Flats in Suburbs

Range: Rs.10,000.00 - 13,000.00

Average: Rs.11,897.79

Rent/Month

3 BHK Flats in City Center

Range: Rs.23,000.00 - 35,000.00

Average: Rs.28,664.71

3 BHK Flats in Suburbs

Range: Rs.15,000.00 - 20,000.00

Average: Rs.17,058.82

Comparison

3 BHK in City Center

Chennai

Rs.28,664.71

Mumbai

Rs.70,528.57

Bangalore

Rs.33,331.68

Hyderabad

Rs.22,803.88

Comparison

3 BHK in Suburbs

Chennai

Rs.17,058.82

Mumbai

Rs.35,720.88

Bangalore

Rs.20,500.00

Hyderabad

Rs.12,978.30

to Buy Flats

Price per Square Meter of Flats in Chennai City Center

Range: Rs.107,639.10 - 161,458.66

Average: Rs.131,776.63

Chennai Suburbs

Range: Rs.43,055.64 - 59,201.51

Average: Rs.48,926.47

Comparison

City Center

Chennai

Rs.131,776.63

Mumbai

Rs.311,423.51

Bangalore

Rs.92,266.90

Hyderabad

Rs.51,409.23

Comparison

Suburbs

Chennai

Rs.48,926.47

Mumbai

Rs.128,142.60

Bangalore

Rs.41,805.06

Hyderabad

Rs.29,235.85

Salaries and Financing

Average Monthly Disposable Salary (After Tax)

Range: Rs.20,000.00 - 40,000.00

Average: Rs.28,865.40

Mortgage Interest Rate in Percentages (%), Yearly

Range: 10.75 - 12.50

Average: 11.51

Comparison

Average Monthly Disposable Salary (After Tax)

Chennai

Rs.28,865.40

Mumbai

Rs.34,496.58

Bangalore

Rs.40,065.00

Hyderabad

Rs.30,719.35

Comparison

Mortgage Interest Rate in Percentages (%), Yearly

Chennai

11.51

Mumbai

10.84

Bangalore

11.09

Hyderabad

11.08

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Flats for Sale | Flats for Rent

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Chennai