Sohna Road Housing Market Sees Significant Surge in Capital Appreciation and Rental Values
Sohna Road's housing market has witnessed a 54% capital appreciation and 40% rent rise since 2022, making it one of the top-performing micro-markets in Delhi-NCR.
Sohna RoadHousing MarketCapital AppreciationRental ValuesDelhincrReal EstateAnarockReal Estate NewsSep 18, 2024
This trend is not unique to Sohna Road, as many other micro-markets in the top 7 cities have seen a significant increase in rental values and capital appreciation. However, the rate of growth varies across cities and micro-markets.
In Delhi-NCR, for instance, the rental values in Sohna Road rose by 40% in the period under review, while capital values jumped by 54%. Similarly, Sector-150 in Noida saw rental value growth of 56%, while capital values appreciated by a whopping 126%.
In Mumbai Metropolitan Region's Chembur, the rental growth was 38% while capital appreciation stood at 39%. At Mulund in MMR, the rental values appreciated by 26% while capital prices rose 36%.
Hyderabad's HITECH City and Gachibowli also saw capital appreciation outpace rental values. In HITECH City, rental value growth was 46% and capital appreciation was 59%, while Gachibowli saw rental values rise by 50% and capital values by 70%.
On the other hand, some micro-markets saw rental value growth outpace capital value appreciation. For instance, Bengaluru's Sarjapur Road saw average monthly rental values increase by 67%, while capital values rose by 54%.
At Thannisandra Main Road, average rental values grew 56% while capital values appreciated 52%. Pune's Hinjewadi saw rental values increase by 52%, while capital values rose just 31%. In Wagholi, rental values growth was 60% while capital values rose by just 30%.
In Kolkata's EM Bypass, rental value appreciation was 46%, while capital value growth was just 15%. In Rajarhat, the rental value increase was 30% while capital appreciation was 23%.
Chennai's Pallavaram recorded rental value growth of 40%, while capital values rose by 18%. At Perambur, rental value growth was 33% while capital appreciation was 18%.
Anarock's report highlights the trends in real estate markets across the top 7 cities in India. The report provides insights into the performance of various micro-markets and helps stakeholders make informed decisions.
About Anarock
Anarock is a leading real estate consultant in India. The company provides research-based insights and advisory services to stakeholders in the real estate industry.
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The Indian real estate market has seen significant growth in recent years, driven by increasing demand for housing and commercial spaces. The market has also seen a shift towards more organized and transparent dealings, with the implementation of regulations such as RERA.
Anarock is a premier real estate consulting firm in India, with a team of experts who provide research-based insights and advisory services to stakeholders in the industry.
Frequently Asked Questions
What is the capital appreciation in Sohna Road's housing market since 2022?
The capital appreciation in Sohna Road's housing market since 2022 is 54%.
What is the rental value growth in Sohna Road's housing market since 2022?
The rental value growth in Sohna Road's housing market since 2022 is 40%.
Which micro-markets saw rental value growth outpace capital value appreciation?
Bengaluru's Sarjapur Road, Thannisandra Main Road, Pune's Hinjewadi, and Wagholi saw rental value growth outpace capital value appreciation.
What is the average rental value growth in HITECH City, Hyderabad?
The average rental value growth in HITECH City, Hyderabad is 46%.
What is the capital appreciation in Sector-150, Noida?
The capital appreciation in Sector-150, Noida is 126%.
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