The Indian Express-Rents in Delhi and 6 other cities shot up by 70% in six years: survey
Rents in seven cities across India, including Delhi, have risen by as much as 70 per cent over the past six years with the major jump occuring in the last two years, according to a recent research by property consultants ANAROCK group. The research covered 7,615 aged 24 to 78 respondents from across 14 cities.
The research highlights that 52 per cent homebuyers in Delhi-NCR prefer to buy 3BHKs and 38 per cent prefer 2BHKs. It also showed that real estate was the most preferred asset class investment for over 59 per cent people, followed by the stock market which was preferred by 31 per cent respondents.
