Demand for luxury and ultra luxury homes in 13 cities: Magicbricks

Demand for luxury and ultra luxury homes in 13 cities: Magicbricks


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New Delhi: magicbricks‘The latest survey shows that 5.5% of potential buyers are considering properties priced above Rs 1 crore with significant interest in the Rs 3.5 to 5 crore segment across 13 major cities.

demand for luxury and ultra-luxury home There has been an increase, with 35% of respondents expressing strong interest, almost double the 18% recorded in the previous quarter.

The survey also highlights a strong preference for larger living spaces.

About 45% of respondents want homes above 2,000 square feet.

While 56% of buyers prefer configurations of 3-BHK or larger, emphasizing the demand for more spacious and functional homes.

  • Published on Nov 7, 2024 at 03:00 PM IST

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