13 Indian cities see 16% YoY increase in rents, led by Greater Noida, Gurugram, and Bengaluru.
13 Indian cities experienced a 16% YoY increase in rents, with Greater Noida, Gurugram, and Bengaluru leading the growth. Magicbricks' rental update for Jan-Mar 2024 indicates a 16% YoY surge in rents and a 2.8% QoQ increase. Rental demand increased by 16% QoQ, with Chennai, Navi Mumbai, and Noida seeing the highest demand growth rates. The supply of rental units increased marginally by 1.8% QoQ.
May 08, 2024
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