How Much Does a House Cost in India in USD?

The cost of a house in India in USD varies significantly depending on the city, its specific location (city center vs. outside), and the property's size. While there isn't a single "exact" price for an entire house, property costs are typically measured in price per square foot (sqft).

To provide an exact answer based on available data, the following table outlines average prices per square foot in several major Indian cities:

Calculating Total House Cost

To estimate the total cost of a house, you would multiply the average price per square foot by the desired size of the property in square feet. For example:

• In Kolkata city center: A 1,000 sqft house might cost approximately $101.32 * 1,000 = $101,320 USD.
• In Mumbai city center: A 1,000 sqft house could cost around $581.66 * 1,000 = $581,660 USD.

Factors Influencing Property Costs

Beyond location, several other factors can significantly impact the total cost of a house in India:

• Type of Property: Apartments are generally more common in urban areas and can differ in price from independent houses or villas.
• Amenities: Properties with premium amenities like swimming pools, gyms, security, and dedicated parking will command higher prices.
• Age of Property: Newer constructions often cost more than older ones, unless the older property is in a highly desirable, established neighborhood.
• Developer Reputation: Properties built by reputable developers may have a higher price tag due to perceived quality and reliability.
• Local Market Conditions: Supply and demand, economic growth, and government policies can all influence property values.

Understanding these per-square-foot prices provides a practical basis for estimating the cost of a house in India, allowing for calculations based on specific property sizes and locations.