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)            

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement