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The affordable housing market saw strong growth in Ahmedabad (62%) and Kolkata (48%) while luxury properties were most searched in the Mumbai Metropolitan Region (90%), New Delhi (58%), and Gurugram (48%).

Employment hubs of Gurugram witnessed highest 32.1 percent YoY appreciation in property price, followed by Greater Noida (31 percent YoY), Noida (26.1 percent YoY), and Hyderabad (15.8 percent YoY).

Residential realty prices in India saw a 5.4% increase in the July-September quarter due to high demand and limited supply, according to a report by M

The report, which analysed the preferences of over 20 million customers across 13 prominent cities, noted significant quarter-over-quarter increase in search volumes for Greater Noida (38.9%), Noida (20.4%), Kolkata (13.6%), and Bengaluru (13.5%), signalling ongoing demand for homes in these areas.

According to Magicbricks Research, Greater Noida saw the highest increase in its average prices at 32.4%, followed by Noida 28.7%, Hyderabad 23.3%, and Gurgaon 23.1%. Among the major cities, Chennai with 4% price growth, Kolkata with 8% and Pune with 10.1% rise remained the most affordable during the last two years.

While the demand for housing in these cities increased 7.8% year-on-year and 10.4% quarter-on-quarter, supply declined 8.3% on-year and 7.4% sequentially, indicating a tightening of inventory that led to the price rise during the period.

On April 6, 2023, the Reserve Bank of India (RBI) held its bimonthly monetary policy meeting and chose to leave the repo rate at 6.5%.

Demand for 2, 3 BHKs in Mumbai sees 18% on-year rise in June quarter SECTIONS Share Synopsis Various factors have been driving this increased demand for larger homes in Mumbai, including easy and affordable payment plans offered by the developers, extension of the 2% stamp duty benefit, availability of cheaper home loans, and lower margin money (down payment) requirement by banks. Getty Images The demand for smaller homes including 1-bedroom apartments was seen declining to 24% of the total dem...

Southern markets witnessed highest realty price increments Property prices rose the most in the southern markets of the country during the January-March quarter showed a recent report.   |  3 April 2021 5:18 AM GMT NEW DELHI: Property prices rose the most in the southern markets of the country during the January-March quarter showed a recent report. The latest Magicbricks PropIndex report noted that from the price perspective, the southern region witnessed the most price increments in Q1 202...

Southern markets witnessed highest realty price increments in Jan-Mar ​ By IANS | ​ 2 Views Growth chart. (File Photo: IANS). Image Source: IANS News New Delhi, April 2 : Property prices rose the most in the southern markets of the country during the January-March quarter showed a recent report. The latest Magicbricks PropIndex report noted that from the price perspective, the southern region witnessed the most price increments in Q1 2021in both under-construction and ready-to-move-in seg...