Rent Skyrockets Across India's Top 7 Cities In Q 1 2024, Bengaluru Sees 8% Hike: ANAROCK Report business.outlookindia.com
A huge 8 per cent surge in rent was seen in Bengaluru's prime areas in the first quarter of 2024 said real estate consultant ANAROCK's report, according to which residential rental values shot up in all top 7 cities. The trend is not limited to IT-dominated Bengaluru with a rental yield of 4.45 per cent in Q1 2024 but other cities have not witnessed a surge like that of the magnitude seen in Bengaluru.