Mumbai's 2BHK rentals surge amid urban squeeze
Demand for two-bedroom units climbs 20% yearly; affordable family options trump pricier alternatives in space-starved city.
Newsroom, November 09, 2025: Mumbai's rental market is seeing a sharp rise in demand for 2BHK apartments, with a 20% year-on-year increase, driven by young families and professionals seeking cost-effective spaces in a city where living quarters are tight.
Average rents hover between Rs 60,000 and Rs 80,000 monthly, making these units a practical choice over larger homes that strain budgets, while amenities like balconies and parking add appeal in high-density neighbourhoods like Bandra and Andheri.
The trend reflects migration and hybrid work patterns, where couples prioritize proximity to offices without the premium of 3BHKs. Experts note a supply crunch in mid-range stock, pushing vacancies below 5% and yields to 3.5%.