This section of the library contains a comparison of real estate prices and rents in China and India, in comparison with New York.
For the purposes of this study, we used New York as a benchmark to help compare China with India. Apartment rentals were based on buildings built no earlier than 1980 which an apartment-seeker would expect to pay in each of these cities. We have identified only the medium-range level in this inclusion.
There is not a huge difference between China and India, although the China property market is more speculative, somewhat erratic in movement and prone to regular bubbles. Rentals in Mumbai are increasing and are expected to do so significantly while demand outstrips supply for the next three to five years.
For more information or questions regarding commercial real estate in China or India, please contact our business consultants.
