In 2011, the home ownership rate in India remained flat compared to 10 years ago, but by area, the home ownership rate in urban areas increased by 2.4 percentage points.

The homeownership rate in rural areas is extremely high at about 95%, more than 25 percentage points higher than in urban areas.

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If you'd like to learn more about the “average lifestyle” of people in India, please also check out this article.
 
What Is the Average Indian Like? A Comprehensive Guide to Demographics, Family Values, Dietary Habits, and Gen Z Trends
・Household Structure in India: Average Household Size and Large Families
・India’s Diversity: Viewing the Market with an Understanding of Religious, Linguistic, and Regional Differences
・Housing Conditions in India: Consumer Insights from Kitchens and Bathrooms
and more

Reference
Office of the Registrar General & Census Commissioner, India
Census 2011, CENSUS TABLES, HH-04: Households (excluding institutional households) by ownership status of the census houses, size of the household and number of dwelling rooms
Census2001, CENSUS TABLES, H-06: Distribution of households by ownership status of the census houses occupied by them and number of dwelling rooms (all)

retrieved Dec 12, 2022, from here