Average monthly rent of luxury homes up 8-18% in last 2 years in top 7 cities
Average monthly rentals in posh residential colonies across seven major cities rose 8-18 percent in the last two years while capital value appreciated by 2-9 percent, according to Anarock. Real estate consultant Anarock noted that demand for luxury residential properties — for buying and renting — in upscale colonies has increased across the seven cities […]
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