50 per cent home buyers prefer larger homes
Real Estate

50 per cent home buyers prefer larger homes

The ‘bigger is better’ mantra continues to drive the Indian housing market. The FICCI-ANAROCK Consumer Sentiment Survey (H2 2023) found that the highest homebuyer demand is now for 3BHKs, particularly in Bengaluru, Chennai, Hyderabad and Delhi-NCR, with at least 50 per cent respondents choo...

The ‘bigger is better’ mantra continues to drive the Indian housing market. The FICCI-ANAROCK Consumer Sentiment Survey (H2 2023) found that the highest homebuyer demand is now for 3BHKs, particularly in Bengaluru, Chennai, Hyderabad and Delhi-NCR, with at least 50 per cent respondents choosing it. 38 per cent respondents favour 2BHKs. In hyper-pricey MMR, 44 per cent of respondents preferred 2BHKs. The demand for 1BHK units is being primarily evident in Western markets of MMR (17 per cent) and Pune (10 per cent). No less than 75 per cent property seekers now want balconies and over 73 per cent survey respondents said that their home buying decision will not be impacted if home loan rates stay below 8.5 per cent.

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram