New Delhi, April 13 -- Despite persistent global headwinds in rental and leasing activity, Indian cities have outpaced the major global centres, with top seven hubs witnessing a growth of 4 to 8 per cent, according to a report by real estate services firm Vestian.

According to the report, rental growth in India's national capital Delhi registered an uptick of 8.2 per cent, while financial capital Mumbai saw rental growth of 6.7 per cent.

In stark contrast to major global cities like New York, Seattle, Boston, Hong Kong, and Shanghai, which have witnessed rental declines over the last five years, India witnessed a steady upward movement.

New York's rental market growth in 2024 compared to 2023 stood negative, registering a 1.3 per cent ...