The MBRI for the period of Jan to Mar 2015 highlights the fact that most of the Indian cities property prices have skyrocketed making them fall in the rent category. This data depicts that currently India is a rent conducive destination, people should prefer to take a flat on rent rather than buying a property. For the same quarter in the last two year period i.e JFM 2013 and JFM 2015 the National MBRI index has remained stable at 28. Stability in the index could be due stability in property and rental rates in cities of India.
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9,000 sq ft
MBRI index remains stable, recommends to go on renta
Renting preferred over buying as property prices soaEveryone has an opinion on whether it is better to rent or buy a home in the prevailing real estate conditions. Often these opinions are based on personal circumstances and often what is better for one person may not be the best solution for someone else.Comparison between the MBRI for Oct-Dec. 2013 and MBRI for Oct-Dec. 2014 shows that within the last one year, key real estate markets have become more attractive for renting.
High property prices make renting a preferred optionThe high property prices, increasing home loan rate, and innumerable projects puts him in deep contemplation.To help out such property seekers Makaan.com launched Makaan.com Buy Vs Rent Index (MBRI), a tool that aims to help property seekers make informed choice between buying and renting of property in top Indian cities / sub-cities home.
Are the sky-rocketing property prices forcing you toA property seeker in India is always confused between opting for a rented accommodation or giving that rental amount as EMI for buying a house. In the absence of a robust and reliable tool, these decisions were traditionally taken with gut feel or with the guidance of a close relative or a friend, leaving a scope for error. Makaan.com brings to you a robust and reliable tool – Makaan.com Buy Vs Rent Index (MBRI) that helps answer the questions based on research & data analysis.
Time to buy property in main Hyderabad - says MakaanThe latest report from Makaan.com, the fastest growing real estate website in India, recommends Homebuyers in Hyderabad to...
2,113 / sq ft
1,845 sq ft
last update - 04-12-2016