India’s housing market is showing renewed optimism, according to a latest report by Magicbricks, which reveals a rebound in homebuyer sentiment during the July–September 2025 (JAS) quarter.
The Housing Sentiment Index (HSI) climbed to 142 in JAS 2025, recovering from 138 in the prior period (down from 156 earlier). This rise signals growing buyer confidence despite ongoing pressures from high property prices and interest rates.
Among Indian cities, Chennai secured the top spot in sentiment rankings, followed by Noida/Greater Noida and Kolkata. The report further noted that affordable and emerging markets are outperforming traditional luxury hubs — driven by expanding infrastructure, commercial growth, and new project launches in suburban areas.
In terms of price segments, the mid-market bracket (₹1 crore to ₹1.5 crore) achieved the highest sentiment score of 149. About 39% of respondents preferred homes in the ₹20 lakh–₹75 lakh range, while another 39% looked at the ₹75 lakh–₹1.5 crore segment — making the mid-segment the most actively sought after.
The preferences for builder floors have surged, overtaking plots in popularity because of flexible layouts and faster delivery timelines. Additionally, compact units of 500–1,000 sq. ft., often semi-furnished, remain in high demand, indicating an inclination toward efficient living spaces.
Demographically, Millennials and Gen Y are leading the surge in demand. Professionals with stable incomes showed stronger confidence, especially those earning between ₹10 lakh–₹30 lakh annually. Many are driven by expectations of property price appreciation and the appeal of real estate as a long-term investment.
Magicbricks CEO Sudhir Pai commented that the rebound underscores real estate’s resilience. “With prices and interest rates stabilising, buyers are viewing real estate as a safe and rewarding long-term asset,” he said.
As India’s housing market transitions, sustained demand from mid-segment buyers and suburban hubs could shape the next wave of growth. Many buyers today expect property values to rise 6–10% over the coming year.
Also Read: Telangana Govt Releases Rs 2223 Crore Under Indiramma Housing Scheme to Empower Low-Income Families
