Rental Values Surge Across Indian Cities

20 Sep 2024 CW Team

Rental values in key micro-markets across India’s top seven cities have surged by 72% between the end of 2021 and the first half of 2024, according to a report by Anarock. This rise in rental rates has outpaced capital value growth, reflecting the increasing demand for housing in urban areas as more Indians migrate to cities for job opportunities. Cities like Bengaluru, Pune, Kolkata, and Chennai experienced notable increases in residential rental values, surpassing capital value growth. In contrast, regions such as NCR, MMR, and Hyderabad saw capital values appreciate more than rental rates.

Prashant Thakur, regional director and head of research at Anarock, highlighted that rental versus capital value data is crucial when deciding whether to buy or rent a property. He emphasized that factors such as job growth, personal preferences, family size, and financial stability drive this decision.

For instance, a resident in Bengaluru paying Rs 50,000 rent for a 2 BHK valued at Rs 1.2 crore may face the dilemma of whether to continue renting or purchase the property. Thakur explained that if the individual can make a 20% down payment and secure a home loan at 9.5% interest over 10 years, buying could prove more profitable, turning rent payments into equity.

The sentiment toward homeownership has grown, especially post-pandemic, with many Indians preferring the security of owning a physical asset. Supported by current home loan interest rates between 8.75% and 9.5%, more people are viewing EMIs as investments in a stable asset, unlike volatile market-based investments.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..