Rank 1 — Chennai (Grade B)
Chennai is rank 1 of 20 markets in this India ranking by Airbtics Market Grade B, with 10.5% short-term rental yield, 49.0% occupancy, and -13.7% year-over-year revenue growth.
Compared with the other markets on this page, Chennai ranks top 2% for yield, lowest 32% for growth, and top 8% for demand. The market shows an average daily rate of ₹3,230, annual revenue of ₹589,665, a rent gap of 1684.4%, 1,852 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of ₹8,075,000.
- Market gradeB
- Yield10.5%
- Revenue growth-13.7%
- Occupancy49.0%
- Average daily rate₹3,230
- Annual revenue₹589,665
- Rent gap1684.4%
- Active listings1,852
- 2-bedroom price₹8,075,000
- RegulationLenient
Percentile versus other India markets on this page. Farther from the center is stronger.
- Yield: top 2%
- Growth: lowest 32%
- Demand: top 8%