Lifestyle, infra drive rental, homebuying choices: Report
MUMBAI: Indian home buyers, renters and paying guests across major metros and tier two cities are making more deliberate, lifestyle-aligned and infrastructure-driven housing decisions, latest research by Magicbricks showed.
Nearly 35-40% of buyers in NCR and Mumbai prefer sunrise-facing homes. In Kolkata, about 42% of home seekers aspire for residences overlooking the Ganga, underlining the role of cultural and environmental context in housing choices.
Infrastructure-led growth remains a key confidence driver. Around 30-35% of home buyers in Ahmedabad and Hyderabad are investing in emerging localities supported by upcoming infrastructure projects. Functional considerations are also gaining prominence, with 70-73% of buyers in Gurugram, Greater Noida and Bengaluru seeking at least two parking spaces. On the rental front, speed and flexibility are shaping behaviour. Nearly 50% of tenants in Kolkata and Ahmedabad prefer immediate move-in options, while 20-23% of rental searches in Bengaluru and Mumbai begin nearly three months in advance.
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Infrastructure-led growth remains a key confidence driver. Around 30-35% of home buyers in Ahmedabad and Hyderabad are investing in emerging localities supported by upcoming infrastructure projects. Functional considerations are also gaining prominence, with 70-73% of buyers in Gurugram, Greater Noida and Bengaluru seeking at least two parking spaces. On the rental front, speed and flexibility are shaping behaviour. Nearly 50% of tenants in Kolkata and Ahmedabad prefer immediate move-in options, while 20-23% of rental searches in Bengaluru and Mumbai begin nearly three months in advance.
Get an chance to win ₹5000 Amazon Voucher by taking part in India's Biggest Habit Index! Take the survey here
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