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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Top Luxury Housing Markets See Up To 18% Rental Growth in Last 2 Years

Among localities in top 7 cities, Mumbai’s Worli saw highest rental growth (18%); avg. rentals (for a min. 2,000 sq. ft. home) increased from INR 2 lakh in 2020 to INR 2.35 lakh in 2022 Bengaluru’s Rajajinagar saw a 16% jump in the same period – from INR 56,000 in 2020 to INR 65,000 in […]

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Rental Appreciation Trumps Capital Price Growth in Top Luxury Markets Since 2014

Avg. rentals (for a min. 2,000 sq. ft. home) in top 7 cities’ key luxury markets rose 17-26% in 7 years (2014 to 2020); avg. capital prices rose max. 15% in the same period Gurugram’s Golf Course Road saw capital prices decline marginally in this period, while avg. rentals rose 17% – avg. prices currently […]

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