Rents in India compared to Asia

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Hong Kong $ 7,267
Singapore $ 4,736
Japan $ 4,346
South Korea $ 2,778
India $ 2,537
China $ 2,479
Philippines $ 2,422
Taiwan $ 2,142
Indonesia $ 1,840
Cambodia $ 1,553
Thailand $ 1,373
Malaysia $ 1,281
Vietnam $ 988

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.