Tag: Magicbricks

NEW DELHI: Continuing on its growth trajectory, pan-India residential realty prices increased 5.4% quarter-on-quarter in the July-September quarter as demand outstripped supply, showed a recent Magicbricks PropIndex report. Compared to the previous quarter, residential demand increased 8.4% while aggregate supply reduced 7.2% during Q3. Search volumes particularly in Greater Noida, Noida, Kolkata and Bengaluru increased substantially quarter-on-quarter, reflecting positive sentiment among homebuyers, the report said. "Prospective homebuyers continued to prefer spacious home units such as 3 BHKs and above as its demand commanded 52% of total demand in...