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renting costs: Rentals in prime micro-markets surge on rising demand for larger homes

Renting costs in prime residential micro-markets in Mumbai, Delhi, Bengaluru, Noida, and Gurugram have increased by up to 35% in 2023 due to the resumption of normal office routines by corporate employees who had chosen to work from non-metro locations during the Covid years. The opening of metro lines 2A and 7 between Dahisar and Andheri has boosted demand for rental homes, particularly in the western suburbs micromarket.

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