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Delhi NCR and Mumbai see rising demand for ₹1,500/month wardrobe and bed rentals over ₹50,000 purchases

Market News
14 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

In 2026, salaried renters in Delhi NCR and Mumbai increasingly prefer renting wardrobes and beds at about ₹1,500 per month instead of buying them outright for ₹50,000 or more. This shift is driven by high depreciation, near-zero resale value, relocation costs, and income uncertainty making ownership less attractive. Rentomojo, a leading rental platform, offers flexible monthly plans including delivery, assembly, and damage cover, appealing to mobile professionals and short-term residents. The rental model provides cost savings, flexibility, and the ability to refresh furniture regularly, challenging traditional ownership economics in these high-turnover urban areas.

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