Browsing Tag

magicbricks

16 posts
Rapid-urbanisation-of-Thane

Thane Sees Sharp Rise in Under-Construction Property Prices: 19.5% Increase in Q3, Reaching INR 16,455 per sq ft

Thane’s property market sees a 19.5% rise in under-construction home prices, reaching INR 16,455 psf in Q3 2024. Despite rising prices, demand remains strong, driven by infrastructure projects and proximity to Mumbai.
residential real estate

Residential Demand Rises 12.3% QoQ with 8.3% Capital Appreciation

The latest PropIndex Report from Magicbricks highlights a notable 12.3% increase in residential demand and an 8.3% rise in prices from July to September 2024. Noida, Gurugram, and Greater Noida have seen the most significant price increases, indicating a robust market driven by both homeownership and investment interest.
Affordable housing

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.
North India's rental deal pic credit Advant India website

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…
Home loan

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

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