Increased problems for those living in rented flats, 23 percent increase in monthly rent

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Monthly Rent Increased: Recently a report of Anarock has come out. If this report is to be believed, then since the year 2019, the monthly rent of all flats with an area of ​​1,000 square feet has increased by up to 23 percent in seven major cities of the country. If the report is to be believed, then in the year 2019, for the flat whose rent used to be Rs 15,500, today one has to pay Rs 19,000 per month for the same.

Monthly rent increased by 23 percent

The average monthly rent of a flat of 1,000 sq ft area has increased by 23 per cent since 2019 in seven major cities of the country. Property advisory firm Anarock has given this information. According to a report by Anarock, between 2019 and 2022, the average monthly rent in major housing markets of the country has increased by 23 percent. This assessment is based on the average rent for a standard 2BHK (2 BHK) unit with an area of ​​1,000 square feet. Sector-150 of Noida has seen the maximum increase in average rent of 23 percent. The rent in this area used to be Rs 15,500 in the year 2019 but last year it became around Rs 19,000 per month.

Rent demand increased in top seven cities

Anuj Puri, Chairman of Anarock Group, said – During the year 2022, there was a significant increase in the rent. Rental demand has increased in the top seven cities after two years of decline during the Kovid-19 pandemic. Most of the companies are calling all their employees back to the office including hybrid mode. He said that the rental demand will continue to increase in 2023 as well. Puri said that people who are returning to the city from their hometown or other areas are first preferring to rent a house. They can also consider buying a house later. (with language input)

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