How COVID-19 crisis changed the real estate market of India?

The impact of COVID-19 on the real estate market could be felt in halted constructions, reverse migration of labourers, reduced demand for houses, and much more. Developers had difficulty maintaining liquidity while the homebuyers lost the urge to purchase properties since the job market got hit badly. However, the situation post lockdown is not the […]

Goan holiday homes back in vogue; demand improving post-COVID

Homebuyers are also keen to have their own holiday homes as they look for social distancing, health, hygiene, safety and comfort in one space. HNIs are becoming a force multiplier in fueling luxury housing demand, which is rooted in factors such as growth in disposable income and a shift in approach to life. Effects of […]

Festive season brings cheer in real estate market

Buyers are back in the market and property searches have surpassed pre-Covid numbers, says the Magicbricks Property Buyer’s Sentiment Survey. A quarter of respondents are looking to buy property as an investment: Deals and discounts during the festive season have attracted investments into the market. More than 1/3rd of the buyers will only buy if […]

Covid-19 impact: Homebuyers’ enquiries for relatively larger apartments surge

Over the last few months, enquiries for larger homes have increased up to 40% with property seekers predominantly scouting for 3-bedroom apartments with average 1,800 sq ft built-up area as against the previously-preferred 2-bedroom units. The emergence and acceptance of the Work from Home model in the backdrop of the ongoing Covid-19 pandemic has led […]