Bengaluru, MMR, NCR, and Hyderabad See Capital Values Surpass Rentals
Real Estate

Bengaluru, MMR, NCR, and Hyderabad See Capital Values Surpass Rentals

Between 2021-end and 2024-end, average capital values in Bengaluru, Mumbai Metropolitan Region (MMR), National Capital Region (NCR), and Hyderabad rose at a faster pace than rental values, according to an analysis by real estate consultancy Anarock. Meanwhile, Pune, Kolkata, and Chennai saw the opposite trend, with rental values appreciating more than capital values.

Noida’s Sector 150 recorded a 128% surge in housing prices, with capital values rising from Rs 5,700 to Rs 13,000 per sq ft, while rental values increased by 66%, reaching Rs 26,600 per month. Similarly, Sohna Road in Gurugram saw a 59% jump in capital values to Rs 10,500 per sq ft, while rentals grew by 47% to Rs 36,700 per month.

In Bengaluru, Thanisandra Main Road experienced a 67% rise in capital values, outpacing the 62% growth in rentals, whereas Sarjapur Road saw rental values increase by 76%, surpassing capital value growth of 63%. Hyderabad’s HITECH City and Gachibowli also witnessed a similar trend, with capital values rising faster than rental prices.

In MMR, Chembur and Mulund recorded capital value growth of 48% and 43%, respectively, compared to rental increases of 42% and 29%.

Conversely, Pune, Kolkata, and Chennai saw rental values rise more than capital prices. Pune’s Hinjewadi saw rental values appreciate by 57%, while capital values grew by just 37%. In Kolkata’s EM Bypass, rental values increased by 51%, while capital appreciation was only 19%. Chennai’s Pallavaram recorded a 44% rise in rental values, compared to a 21% increase in capital values.

(MERCOM)
            

Between 2021-end and 2024-end, average capital values in Bengaluru, Mumbai Metropolitan Region (MMR), National Capital Region (NCR), and Hyderabad rose at a faster pace than rental values, according to an analysis by real estate consultancy Anarock. Meanwhile, Pune, Kolkata, and Chennai saw the opposite trend, with rental values appreciating more than capital values.Noida’s Sector 150 recorded a 128% surge in housing prices, with capital values rising from Rs 5,700 to Rs 13,000 per sq ft, while rental values increased by 66%, reaching Rs 26,600 per month. Similarly, Sohna Road in Gurugram saw a 59% jump in capital values to Rs 10,500 per sq ft, while rentals grew by 47% to Rs 36,700 per month.In Bengaluru, Thanisandra Main Road experienced a 67% rise in capital values, outpacing the 62% growth in rentals, whereas Sarjapur Road saw rental values increase by 76%, surpassing capital value growth of 63%. Hyderabad’s HITECH City and Gachibowli also witnessed a similar trend, with capital values rising faster than rental prices.In MMR, Chembur and Mulund recorded capital value growth of 48% and 43%, respectively, compared to rental increases of 42% and 29%.Conversely, Pune, Kolkata, and Chennai saw rental values rise more than capital prices. Pune’s Hinjewadi saw rental values appreciate by 57%, while capital values grew by just 37%. In Kolkata’s EM Bypass, rental values increased by 51%, while capital appreciation was only 19%. Chennai’s Pallavaram recorded a 44% rise in rental values, compared to a 21% increase in capital values.(MERCOM)            

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