Real estate sees pan-India rental demand rising 29% this year!
According to the Magicbricks Rental Index for Q3, 2022, the combined condo demand (searches) increased by a factor of 29 percent year over year, while the average rent across India increased by a factor of 5.2 % zone over the zone. The most significant growth was seen in Bengaluru (7.3%), Mumbai (6.6%), Greater Noida (6.3%), and Hyderabad (5.2%), according to the Pan-India common rents, which increased by 5.2 percentage points QoQ.
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