Business Standard

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
Premium

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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in