With rents pushing up, that apartment you had your eye on just got pricier

Living in the metros last year became costlier with rents rising up to 18 per cent, twice the rate of inflation

Rising rents are pushing up the cost of living in major cities. People living in Mumbai paid an average of 18 per cent more for renting their homes last year. Rents rose on average by 15 per cent in Chennai and 14 per cent in Bengaluru last year. 

These findings have come out in a report by proptech start-up NoBroker.com based on a survey of tenants, property owners and other users in five major cities: Delhi-NCR, Mumbai, Bengaluru, Chennai, and Pune.

While Mumbai topped the chart in percentage rise in rental values, it was the Delhi-NCR region where the average