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Demand for rental residential houses rose by 10-20% in 2022: Report

The highest rise in the demand for rental houses was seen in Mumbai and Bengaluru. In both the cities, the demand rose by 15-20 per cent as compared to 2019

home loans, property, loans, banks, credit
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BS Web Team New Delhi
The demand for residential rental houses in top seven cities in India has increased by 10-20 per cent in 2022 as compared to the pre-pandemic period in 2019. According to a report by the ANAROCK Group, the demand for rental houses has spiked, and in most places, it has outstripped the supply. This has pushed the prices up, a report by The Economic Times (ET) stated. 

The rise in demand can be attributed to people returning from their hometowns, as several companies have started calling their employees to the office. 

The highest rise in the demand for rental houses was

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First Published: Aug 22 2022 | 9:56 AM IST

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