Maharashtra vs Gujarat Home Loan Comparison

Compare home affordability, property taxes, and costs of homeownership

Maharashtra

Average Home Price

$7,500,000

Property Tax Rate

6%

Registration

1%

Market Trend

Strong appreciation in tier-1 cities, stable growth in tier-2

Gujarat

Average Home Price

$4,000,000

Property Tax Rate

4.9%

Registration

1%

Market Trend

Consistent growth driven by industrial expansion

Calculate Home Loan Affordability for Both States

Calculate for Maharashtra

Your Financial Details

Annual Income

Monthly Debts

Down Payment

Interest Rate

Property Tax Rate

You Can Afford

Maximum Home Price

$230,158

Down Payment (20%)

$46,032

Loan Amount

$184,127

Total Monthly Payment

$2,443

Principal & Interest:

$1,225

Property Tax:

$1,151

Insurance:

$67

Loan Amortization Schedule

Calculate for Gujarat

Your Financial Details

Annual Income

Monthly Debts

Down Payment

Interest Rate

Property Tax Rate

You Can Afford

Maximum Home Price

$230,158

Down Payment (20%)

$46,032

Loan Amount

$184,127

Total Monthly Payment

$2,232

Principal & Interest:

$1,225

Property Tax:

$940

Insurance:

$67

Loan Amortization Schedule

Maharashtra vs Gujarat: Cost of Homeownership

About Maharashtra:

Maharashtra, home to Mumbai and Pune, has India's most expensive real estate market. Stamp duty of 6% for men and 5% for women. Metro cities see high appreciation potential.

About Gujarat:

Gujarat has one of India's lowest stamp duties at 4.9%, making it attractive for property buyers. Strong industrial growth drives demand.

Key Differences

The primary difference between Maharashtra and Gujarat lies in stamp duty rates (6% vs 4.9%), registration charges (1% vs 1%), and average property prices (₹7,500,000 vs ₹4,000,000).

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