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Ahmedabad City

City records highest rental yield in India at 3.9%

by TLAteam November 29, 2024November 29, 2024
written by TLAteam November 29, 2024November 29, 2024
City records highest rental yield in India at 3.9%

Ahmedabad has recorded the highest rental yield in India at 3.9%, according to the JAS 2024 report. This is attributed to robust demand and relatively lower property prices compared to other major cities.

The rental market saw a 7.9% increase in rates during the last quarter, with average rents for a 2BHK apartment reaching ₹21,100 in Shela and ₹23,200 in South Bopal. Prime localities like Satellite and Prahlad Nagar continue to attract investors, making Ahmedabad a lucrative destination for rental income.

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