💨 Abstract

In Chennai, rental prices and security deposits have increased due to a property tax hike, the end of work-from-home arrangements, and industrial growth. Demand for rental housing is high, particularly in areas with recreational facilities, as working professionals want to live near entertainment and leisure activities. Property consultants attribute the increase in rentals to the city's expansion and proximity to amenities.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖