Shopping cart

    Subtotal 0.00

    View cartCheckout

    Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

    Shopping cart

      Subtotal 0.00

      View cartCheckout

      Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

      • Home
      • News
      • Mid-segment housing leads demand as inquiries jump 24.9%: Magicbricks
      News

      Mid-segment housing leads demand as inquiries jump 24.9%: Magicbricks

      Magicbricks
      Email :9

      Magicbricks latest research highlights a strong shift in India’s housing demand, with mid-segment property inquiries in emerging corridors rising 24.9% year-on-year. The surge is being driven by improving infrastructure, expanding metro connectivity, and growing buyer preference for value-driven homes in satellite hubs. With prices between ₹75 lakh and ₹1.5 crore, this segment is emerging as a key growth driver, attracting both end-users and long-term investors amid stable interest rates.

      This trend is largely driven by a shift in buyer preferences toward “Satellite Hubs” and “Growth Corridors,” where substantial infrastructure developments, such as the completion of new highway stretches and the expansion of metro rail networks, have enhanced accessibility.

      Magicbricks data suggests that the price-appreciation potential in these corridors remains high, with some regions recording an 5% increase in average capital values over the last four quarters, attracting both end-users and long-term investors looking for stable growth assets.

      Commenting on these findings, the leadership at Magicbricks noted that the current market dynamics reflect a maturing real estate landscape where infrastructure acts as the primary catalyst for demand migration. The data confirms that as connectivity improves, the geographical boundaries of traditional residential hubs are expanding, leading to the creation of new economic centers. With home loan interest rates currently hovering around 7.25% to 9.65% p.a., the mid-segment continues to offer an attractive entry point for a large section of India’s demographic.

      0 0 votes
      Article Rating
      Subscribe
      Notify of
      guest
      0 Comments
      Oldest
      Newest Most Voted
      Inline Feedbacks
      View all comments

      Related Posts

      Join

      To Receive Daily Updates

      0
      Would love your thoughts, please comment.x
      ()
      x