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Square Yards' recent report - India Residential Overview: Jan-Mar 2022 throws up some interesting findings and we summarise them for you here:
👩💻 42% homebuyers searched online for 2 BHKs (3% more than Q4 2021).
🎉 81,000 housing units were launched (43% more than Q4 2021).
🌆 35% and 25% of launches were in MMR and Pune. The highest-searched cities were Mumbai (26%) and Hyderabad (22%).
📌 2 BHKs comprised 40% of the Bangalore and Gurgaon markets.
↔ Mid-range units (INR 30-100 lakh) were the most-searched.
📎 Independent units comprised 27% of searches. Southern cities had 42% of independent home demand.
⛳ Luxury units had the most takers in Bangalore and Gurgaon.
Noida & Gurgaon Trends
Noida had 2,100+ new launches though lower by 14% this quarter. Noida Expressway had lesser new launches. Noida Central had 44%, followed by Noida Extension.
Q1, 2022 saw 3,800 new launches in Gurgaon and the Dwarka Expressway region claimed 85% of them.