Browsing: Magicbricks

Industry Movement Property Valuation in India, Online Property Valuation, Under Valued Property, Circle Rate of Property, Guidance Value of Property, Ready Reckoner, Magicbricks, PropWorth, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate News Website, Best Property Portal, Real Estate Journalists

Magicbricks launches instant property valuation tool PropWorth

Magicbrickshas unveiled its instant property valuation tool, PropWorth. It is powered by an advanced machine learning algorithm to assist buyers and sellers evaluate the estimated price for any property. Trained on 15 years of data and over 30 million listings, PropWorth covers 50,000 projects in 5,500 localities across 30 cities, offering comprehensive valuations for various property types, including apartments, independent houses, and villas. Track2Realty reports.

Reports Under Construction Projects, Ready to Move Property, Construction Linked Payment Plans, India Real Estate News, Indian Realty News, Real Estate News India, India Property Market News, Real Estate Journalists, Magicbricks, Propindex Report

Prices of under-construction projects increase 15.2% QoQ across top 13 cities: Magicbricks Propindex Report (April-June 2024)

Between April and June 2024, residential supply witnessed the highest growth rate in the last 24 months, driven by the increasing availability of under-construction properties, shared the recently published PropIndex Report (April-June 2024) by Magicbricks, India’s leading real estate platform. According to the report, the supply of under-construction properties has increased by 11.7% QoQ, while prices have risen by 15.2% QoQ between April-June 2024. This surge has resulted in prices of under-construction properties surpassing those of ready-to-move properties in several cities such as Gurugram, Mumbai, Noida and Thane.

Reports House Under Construction, Under Construction Property, Magicbricks, Abhishek Bhadra, Propindex, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website

Prices of under-construction projects increase 30.6% YoY across top 13 cities: Magicbricks Propindex Report

The report highlights a continued uptrend in aggregate demand across the top 13 cities between January and March 2024, registering a robust growth of 6.9% QoQ. Moreover, after a period of relatively subdued supply, there has been a modest 0.9% QoQ increase this quarter. Despite this, the demand continues to outstrip supply, resulting in a 2.9% QoQ increase in residential prices across these 13 cities. Noida (7.4% QoQ), Greater Noida (7.2% QoQ), and Chennai (5.5% QoQ) recorded the highest appreciation in property prices.

Market Rating Pune, Pune property market, Pune real estate market, pune property prices, India real estate news, India property news, Track2Realty, NRI investment

Affordable luxury fuelling Pune periphery locations

The satellite towns and periphery locations of major cities across the country have been stigmatised as the last refuge of the struggling homebuyers. The collective consciousness looks at these locations meant for buyers who have no choice but to compromise with their wants and needs.