The cumulative supply (listings) increased 3.0% QoQ and 28.1% YoY, with Chennai, Bengaluru, and Hyderabad observing maximum growth of 17.4%, 15.1%, and 9.4%, respectively, the Magicbricks report said.

In Q2 2022, the aggregate demand (searches) across the 13 cities increased 29.4% QoQ and 84.4% YoY.  

Indian rental housing demand (searches) grew 29.4% QoQ and 84.4% YoY in Q2, 2022, according to Magicbricks’ India Rental Housing Update. 

The report further observes that the cumulative rental housing supply (listings) increased 3.0% QoQ and 28.1% YoY across the 13 Indian cities mapped.

The report concludes that demand for rental housing has increased near schools with the reopening of educational institutions, and employment hubs as employees return to their workplace for at least two to three days a week.

In Q2 2022, the aggregate demand (searches) across the 13 cities increased 29.4% QoQ and 84.4% YoY.  

Bengaluru, Greater Noida, Hyderabad, and Pune registered a growth of 54.5%, 42.9%, 42.0%, and 39.6% QoQ respectively

The cumulative supply (listings) increased 3.0% QoQ and 28.1% YoY, with Chennai, Bengaluru, and Hyderabad observing maximum growth of 17.4%, 15.1%, and 9.4%, respectively