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

You Can Afford

Maximum Home Price

₹2,30,158

Down Payment (20%)

₹46,032

Loan Amount

₹1,84,127

Total Monthly Payment

₹2,443

Principal & Interest:₹1,225
Property Tax:₹1,151
Insurance:₹67

Loan Amortization Schedule

Calculate for Gujarat

Your Financial Details

You Can Afford

Maximum Home Price

₹2,30,158

Down Payment (20%)

₹46,032

Loan Amount

₹1,84,127

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).