December 28, 2024

Delhi’s Home Search Patterns: What Changed in 2024

New Delhi, December 26, 2024: Magicbricks’ latest report reveals intriguing trends in how Delhi residents searched for homes in 2024, highlighting preferences influenced by location, amenities, and property types.

A substantial 37% of searches were for homes near commercial areas, followed by 34% near industrial zones and 28% near office hubs. Ready-to-move apartments dominated interest, with 79.43% of searches favouring this option, while 59% of homes sought were newly built, and 41% were resale properties.

Amenities like family-friendly spaces (17.3%) and fitness-friendly facilities (6.6%) outshined interest in smart homes (4.8%). At least 17.6% people in Delhi searched for 4bhk+ rooms, and 82% people searched for homes up to 4 floors only.

Rental preferences leaned towards convenience, with 41% of searches for fully furnished homes and 34.8% for semi-furnished options. Parking remains a key consideration, with 60% preferring homes with one parking space, and 20% favouring properties with more than three.

These insights underscore the diverse priorities of Delhi home seekers in 2024, reflecting both practical and aspirational living choices.

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