Price/Rent Ratio in India compared to Asia
This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Last updated January, 2025
| China | 48 yrs |
| Taiwan | 47 yrs |
| Japan | 38 yrs |
| Hong Kong | 28 yrs |
| Vietnam | 26 yrs |
| Singapore | 23 yrs |
| India | 20 yrs |
| Thailand | 19 yrs |
| Malaysia | 19 yrs |
| Philippines | 19 yrs |
| Indonesia | 14 yrs |
| Georgia | 13 yrs |
India real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- National Housing Bank
- Makaan
- Database on Indian Economy
- NHB Residex