A Magicbricks report shows over 35% of Indian buyers now prefer luxury homes, up from 18%.

A Magicbricks report indicates that over 35% of Indian property buyers are now interested in luxury homes, a significant increase from 18% last quarter. Many anticipate property prices will rise by 6-15% in the next year. A preference for larger living spaces is evident, with 45% seeking homes over 2,000 square feet and 56% favoring 3BHK or larger configurations. This shift reflects changing consumer preferences and growing confidence in the luxury real estate market.

November 07, 2024
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