2021-2024 rental prices in major Indian cities, including Bengaluru, Pune, Kolkata, and Chennai, rose by 72%.
From late 2021 to mid-2024, rental prices in major Indian cities rose by 72%, with Bengaluru, Pune, Kolkata, and Chennai seeing rental growth surpassing capital appreciation. For example, Bengaluru's Sarjapur Road experienced a 67% increase in rents. In contrast, areas like NCR and Hyderabad had capital values outpacing rental increases. Factors influencing rental versus buying decisions include financial capacity, job growth, and personal circumstances.
September 18, 2024
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