According to recent reports, India Properties rental rates have increased in January-March quarter 2012. Gurgaon witnessed the highest rental growth with Mumbai coming in second. Swanky areas of Gurgaon, Pune and Mumbai are witnessing rising rental values for apartments. Siddhivinayak Group Prime Plus the property reports for January-March quarter 2012 gave this current realty news. Bangalore, the techie city had low rental appreciation as compared to other metros of India. The locality of Whitefield in Bangalore recorded a jump of around 16% for the same quarter. Prime Plus is the great and exclusive promotions that have taken place in the prime location of Pune. In Gurgaon, apartments in the Golf Course Extension Road have a record rentals increase of whopping 40%. In Mumbai, the locality that showed a rise in rentals, are the Kanjur Marg West and in Pune, the Viman Nagar area. In Bangalore, the tony locality of Whitefield is growing into a priority destination. It is especially a favorite among corporate clients. Prime Plus Price the suburb of Yelahanka in Bangalore showed a rise of 15.78% in rental vale appreciation. The North Bangalore areas also rise in rentals in office property for the same quarter. Siddhivinayak Group Prime Plus will be giving great designs and styles and will sporadically giving to people along with the efficient and better dynamic facilities. Gurgaon real estate is witnessing the maximum action. It is rapidly developing with increased nnectivity in Southern Peripheral Road. Better road connectivity to Faridabad and New Delhi and availability of transportation is increasing the rental value of Gurgaon Properties.
The property reports also mentioned the rates various localities are drawing in the last quarter. For a 2bhk apartment for rent in Gurgaon’s Wembley Estate Rosewood City, the rental value is Rs. 22,000. This esidential property is located in the Golf Course road. The maximum rent in this area is around Rs 31,000. For a 3 bhk apartment available on rent in Gurgaon’s Unitech Escape it is priced a whopping price of Rs 25,000 to Rs 45,000. Prime Plus Pimple Saudagar will provide the grand life and also with great style and also with grand arts and provoking amendments.According to property experts, Gurgaon’s realty market is witnessing healthy returns on rentals. In fact, Gurgaon’s property yields on rentals are more as compared to rest of the country. The last quarter saw rental results of 5 to 6% in Gurgaon’s property segment. India properties rental average ranges from 2.5% to 3 %. Prime Plus Price will suit all the investors who are looking to invest in properties.Prime Plus Rate the realty market for Mumbai is also witnessing positive rental values appreciation. Mumbai’s Kanjur Marg West is emerging as the next business address for corporate clients. The IT and ITES sectors is finding this locality good for business. New plots are developed into residential complexes. The rents for properties in this locality have shot up by 29.54% in the Jan-Mar quarter. The sought after locations in Mumbai, the Colaba, Mahalakshmi and Cuffe Parade have showed decreasing rentals. Prime Plus Rate is very much within the udget of common people.
In Pune, the Vimana Nagar experienced a rise in rentals at a rate of 29.16%. This locality of Pune is gaining importance due to closeness to Information Technology hub of Kalyan Nagar and Kharadi. The IT city of Bangalore is coming ninth and the locality that gaining attention is Whitefield. This locality witnessed rise with better office space. The IT/ ITES players interest in this locality have revived the rental value appreciation. The rents were dipped during 2008-10 period when there was a oversupply and demand was less.