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Rent vs Buy Calculator: India

Find the year buying beats renting, using your country's real cost of getting in and out: stamp duty, notary fees and agent commission. 15 countries.

Reviewed by CentExactRates effective 1 sourceCalculated in your browser. Shared links include inputs.

Renting versus buying in India

Stamp duty is a state tax, commonly 5% to 7% of the value, with about 1% registration on top. The 6% combined figure above is a representative national default rather than a rate anyone is actually charged; it varies by state, by city and by property type, so check your state's registration department.

Two features of the Indian rule are worth knowing before you trust any of these numbers.

Duty is charged on the higher of the price and the circle rate, the state's own minimum valuation for the locality. If you buy below the circle rate, which happens in a soft market, you still pay duty on the circle rate, so the entry cost can exceed the percentage of what you actually paid.

Several states charge women buyers one to two points less. On an ₹80 lakh purchase that is ₹80,000 to ₹1.6 lakh, and it is a straightforward, legal saving available simply by registering the property in a woman's name.

Municipal property tax is assessed on an annual rateable value rather than on the price, so the 0.15% used here is a rough equivalent rather than a rate anyone levies.

Indian home loans carry no mortgage insurance; lenders require a margin of 10% to 25% of the property value instead, which is what sets the deposit.

Finally, read the growth figures as nominal. Rent growth, appreciation and the investment return all default high, 5%, 5% and 9%, because Indian inflation is high. Both sides of the comparison are nominal, so the comparison itself holds, but 5% appreciation is not 5% of real gain.

For how the calculation works, the formula behind it and what it leaves out, see the full guide. For help interpreting a result or comparing it with a quote or statement, read the questions and answers.

Data sources

Indian stamp duty and registration chargesMinistry of Housing and Urban AffairsWithin its effective period

Every document each dataset was read from, its notes and how the figures were checked are listed in the guide's data sources.

This calculator in other countries

Each country has its own rates, thresholds and rules, and its own page that runs the calculator on them and cites the official sources they came from.

CentExactCalculator publisher

CentExact publishes the calculation method, worked examples and available data sources. Automated checks cover reference calculations; they do not certify a result for your circumstances or imply approval by a lender or tax authority.

How we build and test our calculators

This calculator is for general information only and is not financial advice. Results are estimates based on the figures you enter and the stated formula; lenders and providers may round or calculate differently. Check any decision with the institution involved or a qualified adviser.