Price/Rent Ratio in India compared to Asia

Footnote | Export Sort: Alphabetically | Ascending | Descending

Click name of country for detailed information
Hong Kong 36 yrs
Japan 23 yrs
India 23 yrs
Singapore 21 yrs
Malaysia 21 yrs
Philippines 18 yrs
Indonesia 17 yrs
Azerbaijan 17 yrs
Armenia 13 yrs
Kazakhstan 10 yrs
Georgia 9 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.