The rental prices' growth in the top seven cities across Indian markets are witnessing a downward trend, as per the latest ANAROCK research. The data shows that average residential rental prices across key markets in these cities saw a 2-4 per cent quarterly increase in the second quarter of 2024 to date over the preceding quarter. The first quarter of this year saw rent prices in the top seven markets grow between 4 to 9 per cent quarterly against the fourth quarter of last year (Q4 2023). For example, average rents for a standard 1,000 sq. ft. 2 BHK in Bengaluru’s Whitefield increased by 4 per cent – from Rs 32,500 per month in Q1 2024 to Rs 35,000 per month in Q2 2024 to date. In Q1 2024, the quarterly jump against Q4 2023 was doubled at 8 per cent.