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The buy vs. rent debate rages on as more and more Indians migrate to urban centres and evaluate their options. While there are sound arguments for and against both options, the question itself is also geography centric. ANAROCK Research data shows that rental values in key micro-markets of the top 7 cities have gone up to a significant 72% between 2021-end and H1 2024, while capital values saw lower growth. Dr. Prashant Thakur, Regional Director & Head, Research - ANAROCK Group, says, ...
Rent vs. Buy - Rental Vs. Capital Growth in Key Micro-Markets of Top 7 Cities
The first half of fiscal year 2024 remained lacklustre for commercial office space activity across the top 7 cities, with both net absorption and new completions remaining largely stagnant compared to same period last year. New office supply across the top 7 cities rose by a meagre 5% in H1 FY2024 against H1 FY23, and net office absorption saw a marginal yearly decline of 1% in this period. Prashant Thakur, Regional Director & Head - Research, ANAROCK Group, says, "Interestingly, ...
Office Rental Values Rise 7% Y-o-Y in Top 7 Cities Despite Tepid Leasing in H1 FY24 By ANAROCK Group
Buoyed by strong housing demand, the average residential prices in key micro markets across the top 7 cities saw a significant surge in the last three years between October-end 2020 and the corresponding period in 2023. Latest ANAROCK Research data indicates that among the key micro markets across top 7 cities, Hyderabad?s Gachibowli recorded the highest 33% jump in average residential prices between 10M 2020 and 10M 2023, followed by Kondapur with a 31% rise.? In Gachibowli, the average r...
Key Locations in Top Cities See Up To 33% Avg. Residential Price Hikes in 3 Years
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