Compare home affordability, property taxes, and costs of homeownership
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
Average Home Price
$6,000,000
Property Tax Rate
5%
Registration
1%
Market Trend
Rapid appreciation in Bangalore IT corridors
Annual Income
Monthly Debts
Down Payment
Interest Rate
Property Tax Rate
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
Annual Income
Monthly Debts
Down Payment
Interest Rate
Property Tax Rate
Maximum Home Price
$230,158
Down Payment (20%)
$46,032
Loan Amount
$184,127
Total Monthly Payment
$2,251
Principal & Interest:
$1,225
Property Tax:
$959
Insurance:
$67
Loan Amortization Schedule
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 Karnataka:
Karnataka, led by Bangalore's IT boom, offers strong property appreciation. Stamp duty is 5% for men and 3% for women, with 1% registration charges.
The primary difference between Maharashtra and Karnataka lies in stamp duty rates (6% vs 5%), registration charges (1% vs 1%), and average property prices (₹7,500,000 vs ₹6,000,000).
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