India's Rental Market: Cooling Off Faster Than Burnt Toast

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India's Rental Market: Cooling Off Faster Than Burnt Toast

Listen up, folks! India’s rental market is cooling off faster than a burnt soufflé! Fresh housing supply skyrocketed 9% this quarter, while tenant demand is barely moving at 0.6%. Rents are still climbing, but Gurugram and Mumbai are losing their flair. Bengaluru, however, is on fire with an 8.6% rent surge, thanks to the IT brigade. Get your act together, NCR and MMR!