Micro markets see strong rental, capital growth since pandemic

India's housing micro markets have delivered remarkable gains post-pandemic, with prominent cities seeing an increase in both rental and capital appreciation between the end of 2021 and mid-2025, according to a report by real estate consultancy firm Anarock.

- SANKET KOUL

Capital appreciation in some parts was as high as 139 per cent, with Noida Sector 150 leading the race.

"While property prices have nearly doubled in some areas, in other areas rents have climbed at a pace that out-stripped inflation by a wide margin," the report said.

This shift has been recorded on the back of strong employment-driven demand and steady infrastructure upgrades.

Delhi NCR's Noida Sector 150 micro market led with a 139 per cent growth in capital values at ₹13,600 per square feet in the second quarter of 2025 compared to ₹5,700 per square feet at the end of 2021. Rental values for the market too grew by 71 per cent during the period.