Chennai, Ahmedabad, and Kolkata: Most Affordable Metros for Residential Investments, Reports Magicbricks

Magicbricks’ report highlights Chennai, Ahmedabad, and Kolkata as the most affordable cities for residential investments in 2024, with a Property Price to Income Ratio of 5. In contrast, Mumbai and Delhi are among the least affordable. The report also notes a significant rise in the EMI-to-income ratio, reflecting growing affordability concerns.

Rents Rise by 2.6% QoQ Across 13 Key Indian Cities; Ahmedabad, Pune, and Kolkata Lead in Rental Yields: Magicbricks Report

Magicbricks, has released its Rental Update for April to June 2024, highlighting…

Millennials and Gen Z constituted 53% of demand for home loans

Based on the preferences of customers on its platform between October 2022…

Rental housing demand grew 8.5%

Rental demand-supply mismatch led to 13.5% increase in pan India average rent:…

Residential demand in Mumbai increases

Residential demand in Mumbai increases 1.9% QoQ with a decline in supply…