Price/Rent Ratio in India compared to Asia

Taiwan 46 yrs
Hong Kong 30 yrs
Vietnam 25 yrs
Japan 23 yrs
India 22 yrs
Singapore 22 yrs
Malaysia 19 yrs
Philippines 19 yrs
Indonesia 18 yrs
Thailand 17 yrs
Georgia 13 yrs

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.