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India’s Rental Market Sees Record Surge: Rents Increase 7.4% QoQ Across Major Cities

Chennai Leads with a 22.2% Jump; Gross Rental Yields Rise to 3.62% New Delhi, November 18, 2024: India’s rental market has witnessed a remarkable surge, with average rents across 13 major cities increasing by 7.4% quarter-on-quarter (QoQ), according to the latest Rental Update from Magicbricks, a leading real estate platform. Between July and September 2024, […]

Real Estate Boom: Noida and Ahmedabad Lead the Surge with Massive Inventory Growth

India’s Residential Supply Soars by 12% in Just One Month, with Noida and Ahmedabad Driving the Market Upward As the festive season approaches, the Indian real estate market is heating up, witnessing a notable surge in both residential demand and supply. Homeowners, developers, and investors are seizing the moment, preparing to capitalize on the increased […]

South Ghaziabad Emerges as Hotspot Amid Surging NCR Property Prices

Rising Property Demand Shifts Focus to South Ghaziabad The real estate market in South Ghaziabad is witnessing a strong revival as the region benefits from the sharp rise in property prices across NCR. Magicbricks’ latest report reveals that residential demand in South Ghaziabad surged by 16.2% quarter-on-quarter (QoQ) between July and September 2024. This trend […]

Surge in Homebuyer Sentiment: Magicbricks Reports Rising Confidence in Real Estate Market

Capital Appreciation and Rental Yields Drive Optimism Homebuyer sentiment in India has shown a notable upturn, fueled by expectations of capital appreciation and increasing rental yields. According to the latest Magicbricks Housing Sentiment Index (HSI), a survey conducted among over 2,100 customers indicates an increase in the sentiment index from 149 in April to 155 […]