Most home buyers have a budget of Rs 45 lakh-Rs 90 lakh: Survey
Mid-segment homes (Rs.40 lakh to Rs.80 lakh dominate new supply with 36% share, followed by premium (Rs.80 lakh to Rs.1.5 crore) and affordable (< Rs.40 lakh) with 24% and 18% share.
By ET Bureau |
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Most property seekers in the top seven cities in India prefer 3-BHK homes over other configurations, finds a CII-Anarock report on the housing market.
Most preferred homes in India Type of homes preferred most in top 7 cities
Most buyers have a budget of Rs.45 lakh -Rs.90 lakh
Budget for Investment (Rs ) (H2 2022) Real estate is top choice for investment: Percentage of respondents who have invested in various avenues
Where do people prefer to invest Millennials are driving housing demand: Age of those who chose real estate as best asset class who thinks real estate is best investment Mid-segment homes (Rs.40 lakh to Rs.80 lakh dominate new supply with 36% share, followed by premium (Rs.80 lakh to Rs.1.5 crore) and affordable (< Rs.40 lakh) with 24% and 18% share.
Note: The survey covered 4,662 respondents across 7 cities.
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