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Why 58% of First-Time Homebuyers Prefer Plots Over Other Real Estate Investments

Real Estate

Why 58% of First-Time Homebuyers Prefer Plots Over Other Real Estate Investments

A recent survey by Magicbricks reveals that a significant 58% of first-time homebuyers in India prefer investing in plots over other real estate types, with Lucknow leading the trend with 42.66% of property buyers opting for plots.

March 12, 2025
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High-Value Home Loans Surge in Q4 2024, Driven by Premium Housing Demand

Real Estate Mumbai

High-Value Home Loans Surge in Q4 2024, Driven by Premium Housing Demand

A significant surge in demand for high-value home loans was observed in Q4 2024, with the Rs 50 lakh – Rs 1 crore segment leading the way. This trend highlights a growing preference for premium housing, particularly in cities like Pune and Gurugram.

February 25, 2025
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As Rents Soar, Homeownership Gains Momentum: Insights from Magicbricks

Real Estate Mumbai

As Rents Soar, Homeownership Gains Momentum: Insights from Magicbricks

With rents on the rise, more and more individuals are considering homeownership as a viable and potentially more cost-effective alternative. Prasun Kumar, Chief Marketing Officer of Magicbricks, shares insights on the current real estate market trends.

February 24, 2025
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80% Surge in Home Loans Under ₹1 Crore in 2024: Magicbricks Reports

Real Estate Mumbai

80% Surge in Home Loans Under ₹1 Crore in 2024: Magicbricks Reports

Easier capital access for developers is expected to drive supply growth, fostering a favorable real estate market. Mumbai Age, Decaf, About us...

February 7, 2025
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Residential Searches Slump as Prices Climb Near Jewar Airport: Magicbricks Report

real estate news

Residential Searches Slump as Prices Climb Near Jewar Airport: Magicbricks Report

Residential property searches have seen a significant decline in areas around Jewar Airport as prices continue to rise, according to the latest report from Magicbricks.

February 4, 2025
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Boom in New Property Listings on Magicbricks Platform

Real Estate Mumbai

Boom in New Property Listings on Magicbricks Platform

A significant surge in new property listings on the Magicbricks platform indicates a robust development phase, with cities like Mumbai, Bengaluru, and Chennai also showing strong growth.

January 14, 2025
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