Get a lower rental rate with higher deposit, longer-term lease agreement

Avoid paying more than 15-20 per cent of post-tax salary as house rent

Sanjay Kumar Singh | New Delhi
Last Updated at January 24, 2023 22:08 IST

If you have opted for a new project, those tend to have better quality and amenities, and hence command higher rents.

If you live in one of the country’s top seven cities, your house rent is likely to have risen between 20 and 25 per cent since the pre-pandemic times. In popular societies within some micro markets, the increase has been more than 30 per cent, according to data from real estate consultancy ANAROCK.

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