India New Delhi • The security deposit for a rental unit is • Developers usually build 2, 3 and 4-bedroom • There are very few affordable villas available. approximately 3-6 months’ rent. apartment blocks. • Most properties within Gurgaon are multi-story • Koregaon Park, Kalyani Nagar, Viman Nagar, • The security deposit for a rental unit is apartments. Magarpatta, Aundh, Baner, and Wakhad are approximately 3-6 months’ rent. popular areas, especially for the expatriate • BKC, Bandra West, Santa Cruz, Khar West, • Supply of rental units in Gurgaon is extremely community. Wadala, Lower Parel, Worli and Powai are popular tight, therefore landlords are not open to price negotiations. Hyderabad locations due to their proximity to many of昀椀ces, • Rental units in popular areas like Kukatpally, eateries, and malls. • Security deposit for a rental unit is approximately Kondapur, Gachibowli, Miyapur, and Manikonda Bengaluru 3-6 months’ rent. are in huge demand. • Vasant Vihar, Anand Shanti Niketan, Defence • There is high demand, but very low supply, of Colony, and Hauz Khas are popular among • The security deposit for a rental unit is studios and 1-bedroom apartments. approximately 3-6 months’ rent. • Demand for larger properties and gated expatriates because they are close to the communities have increased. diplomatic zone and have heightened security. • The Hyderabad Pharma City project has the • New underpass developed between Gurgaon intention of becoming the largest integrated • The security deposit for a rental unit is pharmaceutical cluster in the world. and Delhi helped to reduce commuting time by approximately 10 months’ rent. half between the two cities. • The Hyderabad Regional Ring Road (RRR) is a • North Bengaluru is a good option for expatriates Pune proposed 340 km four-lane access-controlled as there are newly built gated communities. expressway project by the National Highways • New metro line constructions are underway which • The rising costs of construction and building Authority of India (NHAI), connecting the towns of will improve connectivity. materials have resulted in property prices Sangareddy, Toopran, Choutuppal, Amangal, and skyrocketing. Shankarpally. • Rising interest rates made home purchase Mumbai dif昀椀cult, hence, many people turned to renting • Gated communities are few and far between. instead. • There is an increase in the demand for temporary • No villas are available as most properties are accommodations as assignees are being deployed multi-story apartments. for short-term assignments. • Apartment sizes are smaller.