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Indians buying luxury homes more than ever, affordable housing sees 20 pc dip: Report

Bengaluru, Mumbai or Gurugram: Where does it pay better to own a property for investment?

Bengaluru is seeing a surge in average rental values in prime areas such as Sarjapur Road and Whitefield, registering an 8% increase each in Q1 2024 compared to the previous quarter.

rental demand: Rental soars across cities as employees returned to work; Bengaluru tops the list

Post-pandemic rental demand surge drives up rental values across Indian cities, with Bengaluru leading at 4.45% rental yield in Q1 2024, a 24% growth since pre-Covid 2019. Mumbai and Gurugram follow, reflecting 19% and 15% growth respectively. Average rental rates in key areas of top cities see a significant 4-9% rise.

Here's Why Rent Is So High In Bengaluru, Mumbai, Delhi And Other Cities, Check Latest Rates

In the prominent localities of the top 7 cities, there has been an average jump of 4-9% jump in residential rents between Q1 2024.

Delhi-NCR Closed 29 Mega Land Deals For 314 Acres In FY24: Report