According to the latest Anarock research report, Bengaluru’s rental surge of 8 per cent ranks second highest in the country, trailing only behind Sector 150 of Noida.
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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.
Prominent localities like Sarjapur Road and Whitefield experienced an impressive 8% increase in average monthly rent for a standard 2 BHK flat between Q4 2023 and Q1 2024.