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Tag Archives: Magicbricks

Demand surges for under-construction properties amidst rising residential prices: Magicbricks Report

TBB BUREAU NEW DELHI, MAR 26, 2024 In 2023, as residential prices soared, a noticeable trend emerged, favoring under-construction properties for investment and home ownership, according to the latest PropIndex report by Magicbricks, India’s leading real estate platform. The report indicates a significant 7.8% quarter-on-quarter (QoQ) increase in demand for under-construction properties between January and March 2024. Correspondingly, prices experienced ...

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MMR, Bengaluru and NCR India’s most searched regions for properties in 2023: Magicbricks

TBB BUREAU BHUBANESWAR, DEC 21, 2023 MMR (20%), Bengaluru (19%) and NCR (19%) emerged as India’s most searched regions for properties in 2023, reveals Magicbricks in its flagship report “How India Searched for Properties in 2023”. Based on the customer preferences of over 2 crore visitors on Magicbricks platform, the report observed that 80% of prospective home buyers continued to ...

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India’s rental market continues to grow with average rents increasing 4.9pc QoQ: Magicbricks

TBB BUREAU NEW DELHI, AUGUST 22, 2023 Magicbricks, India’s leading real estate platform, released its flagship Rental Index for April-June 2023, observing that the rental demand across 13 major cities in India increased 18.1 per cent QoQ (quarter-on-Quarter), supply increased 9.6 per cent QoQ while rents increased 4.9 per cent YoY (Year-o-Year). Based on the behaviour and preferences of over ...

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