NEW DELHI: Magicbricks‘ latest survey reveals that 5.5% of prospective buyers are considering properties priced above Rs 1 crore, with significant interest in the Rs 3.5 to 5 crore segment across 13 prime cities.
Demand for luxury and ultra-luxury homes has surged, with 35% of respondents expressing strong interest, nearly double the 18% recorded in the previous quarter.
The survey also underscores a strong preference for larger living spaces.
Around 45% of respondents want homes above 2,000 sq ft.
While 56% of buyers favor configurations of 3-BHK or larger, emphasizing a demand for more spacious and functional homes.
