Browsing Tag

metro cities

2 posts
Unsold stock of homes

How India Searched for Homes in 2024

Magicbricks’ 2024 report reveals the latest trends in India’s real estate market, showing a shift towards tier-2 cities, compact homes, and vastu-compliant properties. With varying preferences in metros and emerging towns, homebuyers are increasingly focused on location, floor levels, and parking needs, shaping the future of the housing sector.
residential real estate

Residential Market Sees Growth in Sales and Value, Led by Luxury Segment in Q3 2024

The Indian residential real estate market saw a 2% increase in sales in Q3 2024, with a 7% rise in sales value. Luxury properties led the growth, while new supply declined, particularly in affordable and mid-range segments. The market’s resilience is reflected in the strong performance of both metro cities and Tier 2 regions.