House rentals surge by 8%
According to the latest Anarock research report, Bengaluru’s rental surge of 8 per cent ranks second highest in the country, trailing only behind Sector 150 of Noida.
Source: indiatimes.com
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rental demand: Rental soars across cities as employees returned to work; Bengaluru tops the list
Post-pandemic rental demand surge drives up rental values across Indian cities, with Bengaluru leading at 4.45% rental yield in Q1 2024, a 24% growth since pre-Covid 2019. Mumbai and Gurugram follow, reflecting 19% and 15% growth respectively. Average rental rates in key areas of top cities see a significant 4-9% rise.
Source: indiatimes.com
renting costs: Rentals in prime micro-markets surge on rising demand for larger homes
Renting costs in prime residential micro-markets in Mumbai, Delhi, Bengaluru, Noida, and Gurugram have increased by up to 35% in 2023 due to the resumption of normal office routines by corporate employees who had chosen to work from non-metro locations during the Covid years. The opening of metro lines 2A and 7 between Dahisar and Andheri has boosted demand for rental homes, particularly in the western suburbs' micromarket.
Source: indiatimes.com
Albuquerque defeats millionaire stadium developers, says "NO!" to gentrification – Liberation News
During the election held in November, Albuquerque residents made history by defeating a major pro-gentrification measure. A $50 million corporate-back
Source: liberationnews.org