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Anjali Deshmukh
posted on 13 MayIs Noida rent hike sustainable?
Rent in Sector 98 has shot up 30% in 2 years for a 2BHK. I'm in real estate, but even I'm surprised. Is this surge sustainable, ya bas temporary hype hai? My current tenant can't afford the hike. Also, brokers ke bina direct deal milna impossible ho gaya hai kya? Har jagah 1-2 months commission maang rahe hain. Not sure if it's worth investing for rental income anymore.
#noida-rent#sector-98#rent-increase#broker-charges#rental-market
Comments
Totally agree with the post! I'm looking for a 2BHK in Noida too, and rents are insane. My budget was 20k, now everything decent is 25k+. This 30% hike in Sector 98 is shocking, makes me wonder if I should even bother buying for investment if tenants can't afford it in the long run. Kya ye bubble hai jo fatne wala hai?
Haan bhai, same here. Main Alpha I Greater Noida mein dekh raha tha, wahan bhi rents