House Price Change 10 Years (Nominal) in India compared to Asia

Last updated March, 2024
India 81.45%
Japan 62.42%
Malaysia 47.59%
Taiwan 46.83%
Thailand 40.28%
Indonesia 31.85%
Singapore 31.53%
Hong Kong 25.21%
Philippines n.a.*
Georgia n.a.*
Vietnam n.a.*

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.