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.
6 months ago
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