How much do Indians pay for houses?
The median price of a house in a metro is Rs15 lakh compared with Rs2 lakh in an underdeveloped rural area
If you thought home ownership was a sign of wealth and prosperity in India, think again. Unlike in the West, most poor people live in their own homes in India, and it is the relatively more affluent sections of Indian society that live on rent, shows data from a nationally representative consumer survey conducted this year.
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