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Magicbricks Report: 3BHK units dominate demand in major cities

The Business Guardian

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September 27, 2024

The demand for 3BHK units has emerged as the dominant choice among homebuyers, accounting for over 50 per cent of the total demand in most major cities across India, according to the latest PropIndex Report by Magicbricks.

Magicbricks Report: 3BHK units dominate demand in major cities

As residential demand surged by 12.3 per cent quarter-on-quarter between July and September 2024, 3BHK units remained the most sought-after housing configuration, particularly in key urban markets, while 2BHK units continued to be popular in select cities like Chennai, Navi Mumbai, and Thane.

This surge comes alongside an 8.3 per cent increase in residential property prices.

The satellite cities near major urban centres like Delhi and Mumbai are leading the charge in price appreciation.

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Heavy rains batter Maha, NDRF rescues over 300 people in Marathwada districts

‘The Continuous heavy rainfall across several districts of Maharashtra has led to a flood-like situation, prompting the deployment of the National Disaster Response Force (NDRF) in Beed, Dharashiv, and Solapur districts.

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Rahul Gandhi urges PM to announce Punjab Flood relief package

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1 min

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Workplace culture and human behavior: A key to mental health

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time to read

5 mins

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SCHOOLING WOMEN: LESSONS AT HOME, VOICES OUTSIDE — EDUCATION’S RISE FROM ZENANA T0 ASSEMBLY

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time to read

10 mins

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Small states, big challenges: The legal paradox of UN membership

This article is an extension of the views I previously expressed in my article, “The Feeble Existence of the United Nations,” published on 16 October 2024.

time to read

3 mins

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‘Defacement will not be tolerated’: Delhi CM

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2 mins

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Rahul launches Organization Creation Campaign in key states, raises factionalism concerns

Rahul Gandhi, Leader of the Opposition in the Lok Sabha, has launched the Organization Creation Campaign in states considered organizationally sound. These states are Rajasthan, Telangana, and Chhattisgarh.

time to read

1 mins

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The Business Guardian

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Crompton launches DURA series submersible pumps

When it comes to water supply, consumers look for solutions they can trust - especially for high-value, long-term investments like submersible pumps.

time to read

2 mins

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The Business Guardian

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ED SEIZES RS 7.44 CR ASSETS LINKED TO AAP’S SATYENDAR JAIN

The Enforcement Directorate (ED) on Tuesday said it has attached a fresh set of assets worth Rs 7.44 crore of companies \"beneficially owned and controlled\" by AAP leader and former Delhi minister Satyendar Jain as part of a money laundering investigation.

time to read

1 mins

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Nearly 200 fall ill after consuming buckwheat flour in Delhi

Nearly 200 people have fallen ill due to food poisoning allegedly after consuming buckwheat flour during Navratri fasting in northwest Delhi, police said on Tuesday.

time to read

1 mins

September 24, 2025

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