The average increase is 1.3% y-o-y; Thane witnesses higher increase in rentals than city’s micro-markets
Ashutosh Limaye, National Director – Research, JLL India
The gross average rents in Mumbai (including Thane and Navi Mumbai) rose by 1.3% y-o-y, as of 3Q16. In Mumbai, the western suburbs’ micro-market registered the highest growth in rentals at 2.1% followed by the eastern
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