Rents in India compared to Asia

This comparison presents the median monthly rental prices for a 1-bedroom apartment in the most expensive regions of capital cities or major urban centers, based on our in-house research.

Japan, Tokyo $ 4,346
Singapore $ 3,800
Hong Kong $ 3,174
Indonesia, Jakarta $ 1,840
Thailand, Bangkok $ 1,373
Georgia, Tbilisi $ 1,125
Taiwan, Taipei $ 782
Malaysia, Kuala Lumpur $ 767
Philippines, Manila $ 732
Vietnam/HCMC, Hanoi $ 672
India, Mumbai $ 490

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.