1. Delhi, Mumbai top the chart in property prices

Delhi, Mumbai top the chart in property prices

While Mumbai and Delhi are the two most expensive cities for both buying and renting residential property, Chennai and Pune are mostly affordable for rentals.

By: | Updated: December 11, 2015 5:13 AM
property prices in mumbai, property prices in delhi, property prices, property prices mumbai, property prices delhi, expensive cities, expensive cities in India While Mumbai and Delhi are the two most expensive cities for both buying and renting residential property, Chennai and Pune are mostly affordable for rentals.

While Mumbai and Delhi are the two most expensive cities for both buying and renting residential property, Chennai and Pune are mostly affordable for rentals. According to the annual buy versus rent report of ArthaYantra, Delhi has seen rentals for residential property increase by 20% over the last four years, while average buying prices have increased by 9% for the same period. Hyderabad continues to be the most affordable city for both buying and renting as rents have increased by 6% over the last four years, while residential property prices have dropped 10.5% in the same period.

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