House Prices/GDP per Capita in India compared to Asia

The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).

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India 480.11x
Cambodia 183.09x
Philippines 111.36x
China 94.21x
Thailand 72.81x
Vietnam 61.72x
Indonesia 60.46x
Hong Kong 57.53x
Taiwan 46.11x
Japan 41.55x
Malaysia 30.26x
Singapore 19.74x

India launched Residex (India's house price index) in July 2007, through the National Housing Bank (NHB). Since Residex is relatively new, its methodology is being revised every so often. The eventual aim is to cover residential housing for 63 cities, before extending coverage to commercial property and land. At date of writing (early 2014) Residex covered 26 cities, with 2007 as base year. Residex is publicly available and can be accessed at the National Housing Bank's site. General economics statistics are from the Reserve Bank of India.