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I recently moved to India. How much should my house rent be as a percentage of my CTC or basic salary?


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I have recently moved to Chennai. I am planning on renting initially, at least for the first year. I was wondering if there is a recommendation as to what should one’s house rent be, as a percentage of one’s salary (whether it is the basic salary or the CTC).

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This entry was posted on Thursday, November 10th, 2011 and is filed under rent house. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

  1. #1 by alister j at April 2nd, 2009

    Around 30% of your basic salary

  2. #2 by justbewatur at April 4th, 2009

    It should be around 21% of ur basic… So that ur whole amount is non taxable..

  3. #3 by deccaneer at April 6th, 2009

    20% is OK for tax exemption you are going to get, but if you are going for comfortable housing then you need to pay more in real terms assuming you get a salary of 500000 a year.Dobuling that salary, you get comfortable house at 20% of basic pay.

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