What real estate investors searched for in 2017: Report

More than 15 lakh Indians searched for properties last year, dispelling the notion that real estate had lost its appeal.

I. Second floor is the preferred choice for apartment buyers

Third floor and above: Mumbai, Navi Mumbai, Thane

Second floor: Bengaluru, Kolkata, Ahmedabad, Thane


First floor: Delhi, Chennai

II. Property buyers in Gurgaon want lots of space

Preferred size*
1,250-1,750 sq. ft : Gurgaon, Bengaluru, Hyderabad

1,000 sq. ft : New Delhi Ahmedabad, Pune, Chennai, Ghaziabad, Kolakata, Greater Noida

500-750 sq. ft: Mumbai, Navi Mumbai, Thane

*Based on the most searched carpet area across cities.

III. Buy-rent preferences vary across cities

IV. South India prefers independent houses

Residential houses : Bengaluru, Hyderabad, Chennai

Multi-storey apartments : Mumbai, Pune, Bengaluru, Navi Mumbai

Builder floors: Delhi, Chennai, Ghaziabad

Penthouses : Ahmedabad, Bengaluru,Mumbai

Source: Magicbricks