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Perspective on Average monthly rent of luxury homes up by 8-18% By Mr. Amarendra Sahu, Co-Founder, NestAway Technologies

"The rental in key cities across the country is rising to surpass the pre-pandemic levels. This is very much on expected lines. The rental for key CBDs and luxury properties corrected the most due to the pandemic and the extended work from home post that. The unlock with businesses advising their workforce to report to the office for work has meant a return of a substantial workforce to offices that were working from remote locations for nearly 2 years. Going forward, we expect spacious homes, in the vicinity of CBDs that support the concept of 'Walk to Work' to be in vogue. It is likely to be in demand and command higher rentals."

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