New Delhi : Magicbricks, India’s leading real estate platform, has unveiled new insights highlighting a significant surge in rental values across key Indian cities, making renting increasingly unaffordable for end-users. The Rent to Price Growth Differential (RPGD) indicates that cities where rental appreciation has outpaced capital value growth—such as Mumbai (3.61), Greater Noida (2.27), Delhi […]
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New Delhi: The latest Magicbricks PropIndex Report reveals a significant 12.7% year-on-year (YoY) growth in residential supply across 13 major markets in Q4 2024 (October-December), driven by cities like Bengaluru (56.1%) and Gurugram (44.1%). The luxury segment, representing 52% of the total new supply, saw a notable increase from 38% in Q4 2023, marking a […]
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New Delhi: After a period of dormancy, the residential sector is currently experiencing remarkable resurgence, characterized by surging residential demand that has driven property prices up by nearly 15% in 2023. The demand, currently at a decadal high, has also spurred an increased interest in new projects, marking a notable trend in the sector. In […]
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