High up, and soaring: Chennai’s rental market - News Summed Up

High up, and soaring: Chennai’s rental market


Chennai’s rental market is heating up, and tenants are feeling the squeeze. The demand for rental housing in core areas remains strong. The Chennai rental market’s annual growth of 11% has placed it in the middle of the pack among major Indian cities. This points to a broader regulatory gap in the private rental housing segment, marked by sluggish enforcement of the Act and poor compliance at the ground level. Experts have called for stronger enforcement through periodic audits and even surprise checks on tenancy registration to bring accountability to Chennai’s rental market.


Source: The Hindu March 29, 2026 09:49 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */