Spatial Variations in Residential Rental Values-Case Study of Vijay Nagar, Hyderabad


  • Narendar Kumar Urban Planner, Department of Architecture and Planning, Malaviya National Institute of Technology (MNIT), Jaipur, Rajasthan, India
  • Santhanam Kumar Professor, Department of Architecture, Jawaharlal Nehru Architecture and Fine Arts University, Hyderabad, Telangana, India
  • Nand Kumar Associate Professor, Department of Architecture and Planning, Malaviya National Institute of Technology (MNIT), Jaipur, Rajasthan, India



Spatial Variations, Rental Housing, Rental Variation, Locational Attributes, Locational Preferences


Migration from rural to urban leads to intense urbanization; as a result, the demand for houses increases. Migrants prefer to have rental housing instead of having their own houses. Residential rental values differ from place to place on a city horizon. Variations in residential rental values are a result of preferences of tenants i.e. locational and neighborhood attributes. In Hyderabad Metropolitan Area, the impact of location and neighborhood attributes on rental housing shows the spatial variations in residential rental values. These preferable attributes further can be defined in form of Physical, Social, and Economic importance. Rents are fixed depending upon the availability of the aforementioned attributes. This paper aims to explore the impact of these attributes of preferences, made by tenants on residential rental values. To achieve the results, demand, and supply have also been analyzed by taking the mean values of identified parameters. The study is vital for investors, real estate developers, and housing policymakers to relieve capital investment decisions in the housing sector.


C. O. Aina and A. Somefun, “The Effects of Facilities Provision on Rental Values of Residential Properties in Ikeja, Lagos State,” Journal of Land use and Development Studies, Vol. 3, No. 1, pp. 60-67, 2007.

O. Aluko, “The Effects of Location and Neighbourhood Attributes on Housing Values in Metropolitan Lagos,” Journal of Geography and Regional Planning, 1767-1775, November 2011. [Online] Available:

I. D. Amenyah and E. A. Fletcher, “Factors Determining Residential Rental Prices,” Asian Economic and Financial Review, Vol. 3, No. 1, pp. 39-50, 2013.

R. Appelbaum and J. Gilderbloom, “The Redistribution Impact of Modern Rent Control,” Environment and Planning A: Economy and Space, Vol. 22, No. 5, pp. 601-6014, 1 May 1990.

K. Appessika, The case of Abidjan, Ivory Coast, Abidjan: Bureau National d’Etudes Techniques et de Development (BNETD), 2013. [Online] Available:

E. W. Asikhia O. Monday, Accessibility as a Factor Affecting Rental Values of Residential Property In Benin City, 2013. Retrieved 2017, from file:///D:/pretheses%20data/Journal%The Effect of Accessibility on Rental Values of Residential Properties.htm.

J. D. Benjamin and G. S. Sirmans, “Apartment Rent: Rent Control and Other Determinants,” Journal of Property Research, Vol. 11, pp. 27-50, 2007. DOI: 10.1080/09599919408724100.

E. F. Brigham, “The Determinants of Residential Land Values,” Land Economics, Vol. 41, No. 4, pp. 325-334, 1965. DOI: 10.2307/3144665.

Census of India. Percentage of Households to Total Households by Amenities and Assets, Houselisting & Housing Census: Table 14, 2011. New Delhi: Registrar General & Census Commissioner. [Online] Available:

Census of India. Primary Census Abstract Total Table for Hyderabad District Andhra Pradesh. New Delhi: Registrar General & Census Commissioner, 2011. [Online] Available:

Cushman & Wakefield, “Hyderabad Housing Market to Witness Shortfall in Supply by 2018,” Times of India, 22 October 2014. [Online] Available:

Government of India, National Urban Rental Housing Policy (Draft). New Delhi: Ministry of Housing and Poverty Alleviation, 2015. [Online] Available:

Government of India, National Urban Housing and Habitat Policy. New Delhi: Ministry of Housing & Urban Poverty Alleviation, 2007. [Online] Available:

R. Hurtubia, “Attributes of Households, Locations and Real-Estate Markets for Land Use Modeling,” Sustaining, pp. 1-30, April 2010.

K. S. Kim and W. A. Nelson, “Assessing the Rental Value of Residential Properties: An Abductive Learning Networks Approach,” Vol. 12, No. 1, pp. 63-78, 1996.

Knight Frank India, 11.09 Million Homes are Lying Vacant in India: Report, October 2019. [Online] Available: 1053150289.html.

S. Malpezzi, “Private Rental Housing Markets in the United States,” Netherlands Journal of Housing and the Built Environment, Vol. 13, No. 3, pp. 353-386, 1998. [Online] Available: stable/41107757?seq=1#metadata_info_tab_contents.

D. J. McKenzie and R. M. Betts, Essentials of Real Estate Economics (5th ed.). Thomson/South-Western, 2006.

McKinsey Global Institute, India’s Urban Awakening: Building Inclusive Cities, Sustaining Economic Growth, 2010. [Online] Available:

A. S. Mehmet Topcu, “The Analysis of Urban Features that Affect Land Values in Residential Areas,” In L. M. Daniel Koch (Ed.), 7th International Space Syntax Symposium, pp. 1-9, 2009. Turkey.

A. W. Miller and N. Isaac, Assessing the Factors That Influence the Rental Values in Wa Municipality, Department of Real Estate and Land Management. Tamale: University of Development Studies, 2014. [Online] Available:

L. Olayiwola, O. Adeleye, and A. Oduwaye, “Correlates of Land Value Determinants in Lagos Metropolis, Nigeria,” Journal of Human Ecology, Vol.17, No. 3, 2005.

R. A. Opoku and A. G. Abdul-Muhmin, “Housing Preferences and Attribute Importance among Low-Income Consumers in Saudi Arabia,” Habitat International, Vol. 34, No. 2, pp. 219-227, 1 April 2010. DOI: 10.1016/j.habitatint.2009.09.006.

P. C. R. Cruz, “Transaction Costs and Housing Affordability in Asia,” International Real Estate Review, Vol. 11, No. 1, pp. 128-150, 2008.

R. G. Ridker and J. A. Henning, “The Determinants of Residential Property Values with Special Reference to Air Pollution,” The Review of Economics and Statistics, Vol. 49, No. 2, pp. 246-257, May 1967. DOI: 10.2307/1928231.

I. P. Services, Hyderabad Real Estate Overview-216, Hyderabad, Telangana, India, 2016.

H. Sudhira and K. Gururaja, “Population Crunch in India: is It Urban or Still Rural?,” Current Science, Vol. 103, No. 1, pp. 37-40, July 2012. [Online] Available:

M. Topcu, “Accessibility Effect on Urban Land Values,” Scientific Research and Essay, Vol. 4, No. 11, pp. 1286-1291, 2009. [Online] Available:

A. J. U. J. Adama, “An evaluation of the relationship between neighborhood quality and property value in Minna, Niger State, Nigeria,” International Journal of Development and Sustainability, Vol. 4, pp. 81-91, 2015. [Online] Available:




How to Cite

Kumar, N., Kumar, S., & Kumar, N. (2021). Spatial Variations in Residential Rental Values-Case Study of Vijay Nagar, Hyderabad. The Asian Review of Civil Engineering, 10(2), 26–32.