Bengaluru sees highest increase in rental yields
The New Indian Express|April 30, 2024
AMONG the top metro cities, IT-dominated Bengaluru had the highest rental yields at 4.45% in the first quarter of CY24 (Jan-Mar).
Bengaluru sees highest increase in rental yields

Mumbai came next with 4.15% in the same quarter, followed by Gurugram at 4.1%, showed real estate consultancy firm Anarock data.

The data showed rental values in Bengaluru's key areas have been rising inexorably after IT companies' return to office call. The city's rental yield in pre-Covid 2019 stood at 3.6%, which amounts to a growth of 24% in this period. Mumbai's rental yield was 3.5% in 2019 and Gurugram was at 3.5%.

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