HomeBuy vs rent
Rent or Buy Index 2026
Buy or rent? Verdicts for 79 localities across 8 Indian cities
Updated November 2026
For each locality we priced a typical 2BHK, estimated its rent, and ran GoWinDhan’s 20-year buy vs rent model. If prices keep growing at their 10-year trends, buying comes out ahead in 17 of 79 localities and 12 are close calls.
By city
| City | Localities | Buying wins | Median yield | Median price-to-rent | Median growth buying needs |
|---|---|---|---|---|---|
| Hyderabad | 20 | 8 | 3.6% | 28 | 8.9% |
| Bangalore | 15 | 6 | 4.3% | 23 | 8.4% |
| Pune | 10 | 2 | 4.1% | 25 | 8.7% |
| Mumbai | 9 | 0 | 4.0% | 25 | 9.0% |
| Delhi NCR | 8 | 0 | 4.2% | 24 | 8.7% |
| Chennai | 6 | 0 | 4.4% | 23 | 8.6% |
| Kolkata | 5 | 0 | 4.4% | 23 | 8.6% |
| Ahmedabad | 6 | 1 | 3.8% | 27 | 9.2% |
Where buying has the strongest case
- Marathahalli, Bangalore: 10-yr trend 11.0%, buying needs 7.9%
- Puppalaguda, Hyderabad: 10-yr trend 10.8%, buying needs 8.0%
- Sarjapur Road, Bangalore: 10-yr trend 10.3%, buying needs 7.6%
- Narsingi, Hyderabad: 10-yr trend 11.0%, buying needs 8.7%
- Whitefield, Bangalore: 10-yr trend 9.7%, buying needs 7.7%
Where renting and investing has the strongest case
- Andheri East, Mumbai: 10-yr trend 4.6%, buying needs 9.2%
- Alipore, Kolkata: 10-yr trend 5.6%, buying needs 9.9%
- Goregaon East, Mumbai: 10-yr trend 5.1%, buying needs 9.2%
- Dwarka Sectors, Delhi NCR: 10-yr trend 5.1%, buying needs 9.2%
- South Delhi, Delhi NCR: 10-yr trend 6.0%, buying needs 9.9%
All 79 localities
| Locality | City | Verdict | 2BHK price | Rent / mo | Gross yield | Price growth (10-yr) | Buying wins above |
|---|---|---|---|---|---|---|---|
| Marathahalli | Bangalore | Buying wins | ₹1.00 Cr | ₹35,000 | 4.2% | 11.0% | 7.9% |
| Puppalaguda | Hyderabad | Buying wins | ₹95 L | ₹32,000 | 4.0% | 10.8% | 8.0% |
| Sarjapur Road | Bangalore | Buying wins | ₹1.05 Cr | ₹39,000 | 4.5% | 10.3% | 7.6% |
| Narsingi | Hyderabad | Buying wins | ₹95 L | ₹28,000 | 3.5% | 11.0% | 8.7% |
| Whitefield | Bangalore | Buying wins | ₹1.00 Cr | ₹37,000 | 4.4% | 9.7% | 7.7% |
| Bellandur | Bangalore | Buying wins | ₹1.15 Cr | ₹43,000 | 4.5% | 9.5% | 7.9% |
| Financial District | Hyderabad | Buying wins | ₹1.50 Cr | ₹44,000 | 3.5% | 10.4% | 8.9% |
| Manikonda | Hyderabad | Buying wins | ₹1.00 Cr | ₹29,000 | 3.5% | 10.4% | 8.9% |
| Gachibowli | Hyderabad | Buying wins | ₹1.10 Cr | ₹34,000 | 3.7% | 10.1% | 8.7% |
| HSR Layout | Bangalore | Buying wins | ₹1.25 Cr | ₹46,000 | 4.4% | 9.3% | 8.0% |
| Madhapur | Hyderabad | Buying wins | ₹1.30 Cr | ₹42,000 | 3.9% | 9.7% | 8.5% |
| Hinjewadi | Pune | Buying wins | ₹80 L | ₹30,000 | 4.5% | 9.0% | 7.8% |
| Kharadi | Pune | Buying wins | ₹90 L | ₹33,000 | 4.4% | 9.0% | 7.9% |
| GIFT City | Ahmedabad | Buying wins | ₹1.20 Cr | ₹35,000 | 3.5% | 10.5% | 9.5% |
| Hebbal | Bangalore | Buying wins | ₹1.20 Cr | ₹45,000 | 4.5% | 8.8% | 7.9% |
| Hitech City | Hyderabad | Buying wins | ₹1.35 Cr | ₹39,000 | 3.5% | 9.9% | 9.1% |
| Kondapur | Hyderabad | Buying wins | ₹1.00 Cr | ₹33,000 | 4.0% | 9.3% | 8.6% |
| Greater Noida West | Delhi NCR | Close call | ₹75 L | ₹28,000 | 4.5% | 8.1% | 7.7% |
| Sholinganallur | Chennai | Close call | ₹75 L | ₹28,000 | 4.5% | 8.3% | 8.0% |
| Brookefield | Bangalore | Close call | ₹1.10 Cr | ₹30,000 | 3.3% | 9.5% | 9.2% |
| Rajarhat (IT Zone) | Kolkata | Close call | ₹70 L | ₹26,000 | 4.5% | 8.0% | 8.1% |
| SG Highway (North) | Ahmedabad | Close call | ₹1.05 Cr | ₹39,000 | 4.5% | 8.0% | 8.1% |
| Golf Course Ext Road | Delhi NCR | Close call | ₹2.35 Cr | ₹69,000 | 3.5% | 9.0% | 9.2% |
| Kukatpally | Hyderabad | Close call | ₹70 L | ₹25,000 | 4.3% | 8.2% | 8.4% |
| JP Nagar | Bangalore | Close call | ₹1.05 Cr | ₹37,000 | 4.2% | 8.2% | 8.5% |
| Viman Nagar | Pune | Close call | ₹1.05 Cr | ₹37,000 | 4.2% | 8.1% | 8.4% |
| BTM Layout | Bangalore | Close call | ₹1.15 Cr | ₹41,000 | 4.3% | 8.2% | 8.5% |
| Koramangala | Bangalore | Close call | ₹1.60 Cr | ₹57,000 | 4.3% | 8.2% | 8.5% |
| Wakad | Pune | Close call | ₹80 L | ₹28,000 | 4.2% | 8.1% | 8.4% |
| Baner | Pune | Rent and Invest wins | ₹1.00 Cr | ₹37,000 | 4.4% | 7.8% | 8.3% |
| Sohna Road | Delhi NCR | Rent and Invest wins | ₹1.20 Cr | ₹45,000 | 4.5% | 7.5% | 8.0% |
| Jubilee Hills | Hyderabad | Rent and Invest wins | ₹2.10 Cr | ₹66,000 | 3.8% | 8.5% | 9.1% |
| Bopal | Ahmedabad | Rent and Invest wins | ₹65 L | ₹22,000 | 4.1% | 8.0% | 8.6% |
| Indiranagar | Bangalore | Rent and Invest wins | ₹1.70 Cr | ₹57,000 | 4.0% | 8.2% | 8.8% |
| Porur | Chennai | Rent and Invest wins | ₹75 L | ₹28,000 | 4.5% | 7.6% | 8.3% |
| Miyapur | Hyderabad | Rent and Invest wins | ₹70 L | ₹25,000 | 4.3% | 7.8% | 8.5% |
| DLF City Phases | Delhi NCR | Rent and Invest wins | ₹1.95 Cr | ₹65,000 | 4.0% | 8.1% | 8.9% |
| Chanda Nagar | Hyderabad | Rent and Invest wins | ₹65 L | ₹24,000 | 4.4% | 7.6% | 8.5% |
| Yelahanka | Bangalore | Rent and Invest wins | ₹80 L | ₹28,000 | 4.2% | 7.5% | 8.6% |
| Banjara Hills | Hyderabad | Rent and Invest wins | ₹1.75 Cr | ₹51,000 | 3.5% | 8.2% | 9.4% |
| Kharghar | Mumbai | Rent and Invest wins | ₹75 L | ₹28,000 | 4.5% | 6.9% | 8.2% |
| Koregaon Park | Pune | Rent and Invest wins | ₹1.50 Cr | ₹47,000 | 3.8% | 7.8% | 9.1% |
| Electronic City | Bangalore | Rent and Invest wins | ₹65 L | ₹23,000 | 4.2% | 7.1% | 8.4% |
| Bannerghatta Road | Bangalore | Rent and Invest wins | ₹85 L | ₹31,000 | 4.4% | 7.1% | 8.4% |
| Ameerpet | Hyderabad | Rent and Invest wins | ₹90 L | ₹33,000 | 4.4% | 7.1% | 8.5% |
| Velachery | Chennai | Rent and Invest wins | ₹90 L | ₹33,000 | 4.4% | 7.1% | 8.5% |
| Vashi | Mumbai | Rent and Invest wins | ₹1.10 Cr | ₹39,000 | 4.3% | 6.9% | 8.4% |
| Jayanagar | Bangalore | Rent and Invest wins | ₹1.50 Cr | ₹47,000 | 3.8% | 7.5% | 9.1% |
| Aundh | Pune | Rent and Invest wins | ₹1.00 Cr | ₹33,000 | 4.0% | 7.3% | 8.9% |
| Hadapsar | Pune | Rent and Invest wins | ₹70 L | ₹23,000 | 3.9% | 7.3% | 8.9% |
| Bachupally | Hyderabad | Rent and Invest wins | ₹60 L | ₹18,000 | 3.6% | 7.6% | 9.3% |
| Navrangpura | Ahmedabad | Rent and Invest wins | ₹90 L | ₹30,000 | 4.0% | 7.0% | 8.9% |
| KPHB Colony | Hyderabad | Rent and Invest wins | ₹65 L | ₹19,000 | 3.5% | 7.4% | 9.4% |
| Noida Sector 62–137 | Delhi NCR | Rent and Invest wins | ₹1.10 Cr | ₹41,000 | 4.5% | 6.0% | 8.1% |
| Lower Parel | Mumbai | Rent and Invest wins | ₹3.00 Cr | ₹81,000 | 3.2% | 7.4% | 9.7% |
| Noida Sec 44–52 | Delhi NCR | Rent and Invest wins | ₹90 L | ₹33,000 | 4.4% | 6.0% | 8.4% |
| Kompally | Hyderabad | Rent and Invest wins | ₹55 L | ₹16,000 | 3.5% | 7.1% | 9.6% |
| BKC | Mumbai | Rent and Invest wins | ₹3.40 Cr | ₹99,000 | 3.5% | 6.9% | 9.4% |
| Ambattur | Chennai | Rent and Invest wins | ₹60 L | ₹22,000 | 4.4% | 6.0% | 8.6% |
| Bodakdev | Ahmedabad | Rent and Invest wins | ₹1.70 Cr | ₹46,000 | 3.2% | 7.0% | 9.7% |
| Anna Nagar | Chennai | Rent and Invest wins | ₹1.40 Cr | ₹47,000 | 4.0% | 6.3% | 9.0% |
| Adyar | Chennai | Rent and Invest wins | ₹1.75 Cr | ₹51,000 | 3.5% | 6.7% | 9.5% |
| Nibm Road | Pune | Rent and Invest wins | ₹80 L | ₹25,000 | 3.8% | 6.4% | 9.2% |
| Secunderabad | Hyderabad | Rent and Invest wins | ₹80 L | ₹23,000 | 3.5% | 6.7% | 9.6% |
| Attapur | Hyderabad | Rent and Invest wins | ₹55 L | ₹16,000 | 3.5% | 6.7% | 9.6% |
| Prahlad Nagar | Ahmedabad | Rent and Invest wins | ₹1.00 Cr | ₹25,000 | 3.0% | 7.0% | 9.9% |
| Powai | Mumbai | Rent and Invest wins | ₹1.60 Cr | ₹53,000 | 4.0% | 6.0% | 8.9% |
| Salt Lake Sector V | Kolkata | Rent and Invest wins | ₹75 L | ₹28,000 | 4.5% | 5.6% | 8.5% |
| Tollygunj | Kolkata | Rent and Invest wins | ₹85 L | ₹31,000 | 4.4% | 5.6% | 8.6% |
| LB Nagar | Hyderabad | Rent and Invest wins | ₹55 L | ₹16,000 | 3.5% | 6.5% | 9.6% |
| Ballygunge | Kolkata | Rent and Invest wins | ₹1.65 Cr | ₹48,000 | 3.5% | 6.4% | 9.5% |
| Thane | Mumbai | Rent and Invest wins | ₹1.25 Cr | ₹46,000 | 4.4% | 5.1% | 8.8% |
| Kothrud | Pune | Rent and Invest wins | ₹1.10 Cr | ₹34,000 | 3.7% | 5.5% | 9.4% |
| Malad West | Mumbai | Rent and Invest wins | ₹1.65 Cr | ₹55,000 | 4.0% | 5.1% | 9.0% |
| South Delhi | Delhi NCR | Rent and Invest wins | ₹4.20 Cr | ₹1,14,000 | 3.3% | 6.0% | 9.9% |
| Dwarka Sectors | Delhi NCR | Rent and Invest wins | ₹1.30 Cr | ₹43,000 | 4.0% | 5.1% | 9.2% |
| Goregaon East | Mumbai | Rent and Invest wins | ₹1.65 Cr | ₹52,000 | 3.8% | 5.1% | 9.2% |
| Alipore | Kolkata | Rent and Invest wins | ₹2.15 Cr | ₹58,000 | 3.2% | 5.6% | 9.9% |
| Andheri East | Mumbai | Rent and Invest wins | ₹1.80 Cr | ₹60,000 | 4.0% | 4.6% | 9.2% |
Sorted from most to least favourable for buying: by how far the 10-year price trend sits above the growth buying needs.
Method
- Typical 2BHK price: the middle of each locality’s price-per-sq-ft range times a typical 2BHK size for the city (Hyderabad 1,200 sq ft, Bangalore 1,150 sq ft, Pune 1,000 sq ft, Mumbai 750 sq ft, Delhi NCR 1,300 sq ft, Chennai 1,050 sq ft, Kolkata 1,000 sq ft, Ahmedabad 1,150 sq ft).
- Rent: the 2BHK rent from our locality research where we have one, otherwise the price times the locality’s gross yield, capped at 4.5%.
- Growth: each locality’s 2014–2024 price and rent growth, blended from RBI House Price Index, Anarock, Knight Frank and 99acres data.
- Model: Typical 2BHK prices and rents are our estimates for 2026, not listings. Loan at 8.5% for 20 years with 20% down; 7% stamp duty + registration (actual rates vary by state); maintenance 0.5% of the home value a year; the renter invests in a Nifty 50 index fund at 12% a year. Price and rent growth follow each locality’s 2014–2024 trend, which may not continue. Figures are before tax and not adjusted for inflation.
The full method, with every formula, is on How it works. You can rerun any locality with your own numbers from its page.
Questions people ask
Is it better to buy or rent a house in India?
In our 2026 model of a typical 2BHK, buying comes out ahead in 17 of 79 localities across 8 cities if prices keep rising at their 10-year trends. Buying wins mainly in fast-growing IT corridors; in expensive, slower-growing markets like most of Mumbai and South Delhi, renting and investing the difference wins.
What price growth does buying need to beat renting?
With a 8.5% loan and a Nifty 50 fund at 12%, half our localities need prices to grow between 8.4% and 9.2% a year for buying to win, because rental yields of 3–4.5% are well below the loan rate.
What is a good price-to-rent ratio in India?
Price-to-rent ratio is the home price divided by a year’s rent. Our localities range from about 22 to 33. The lower it is, the more the rent you save pays back the price, and the less price growth buying needs. See our price-to-rent guide.