58% First-Time 亚博体育官网首页buyers Prefer Plots Over Other Investments: Magicbricks
12 Mar 2025
2 Min Read
CW Team
A Magicbricks poll found that 58 per cent of first-time homebuyers prefer investing in plots, citing higher appreciation potential and long-term capital gains. The survey, conducted among 2,200 homebuyers, ranked commercial spaces as the second most preferred asset at 17.1 per cent.
Platform insights from Q4 2024 show Bengaluru leading the demand for plots at 36.5 per cent, followed by Chennai (11.0 per cent) and Lucknow (8.9 per cent). Notably, 42.66 per cent of property buyers in Lucknow preferred plots over other real estate types.
Mid-sized plots of 1,000鈥�2,000 sq. ft. dominated demand at 46.76 per cent, while 50.83 per cent of investors preferred plots priced up to Rs 50 lakh, reinforcing the trend toward affordable land investments.
In terms of pricing, the average plot rate stood at Rs 2,765 per sq. ft. in Hyderabad, where Shadnagar, Kadthal, and Sadashivpet were key supply hubs. Lucknow (Rs 2,836 per sq. ft.) and Chennai (Rs 3,208 per sq. ft.) also emerged as affordable plotted investment destinations.
Conversely, Gurugram (Rs 21,901 per sq. ft.) and Noida (Rs 22,523 per sq. ft.) were among the most expensive markets for plots. However, Greater Noida, with an average price of Rs 7,654 per sq. ft., presents a relatively affordable investment opportunity within the NCR region.
With developers launching integrated township projects to meet rising demand, plotted developments are set to play a crucial role in shaping India's real estate landscape.
A Magicbricks poll found that 58 per cent of first-time homebuyers prefer investing in plots, citing higher appreciation potential and long-term capital gains. The survey, conducted among 2,200 homebuyers, ranked commercial spaces as the second most preferred asset at 17.1 per cent.Platform insights from Q4 2024 show Bengaluru leading the demand for plots at 36.5 per cent, followed by Chennai (11.0 per cent) and Lucknow (8.9 per cent). Notably, 42.66 per cent of property buyers in Lucknow preferred plots over other real estate types.Mid-sized plots of 1,000鈥�2,000 sq. ft. dominated demand at 46.76 per cent, while 50.83 per cent of investors preferred plots priced up to Rs 50 lakh, reinforcing the trend toward affordable land investments.In terms of pricing, the average plot rate stood at Rs 2,765 per sq. ft. in Hyderabad, where Shadnagar, Kadthal, and Sadashivpet were key supply hubs. Lucknow (Rs 2,836 per sq. ft.) and Chennai (Rs 3,208 per sq. ft.) also emerged as affordable plotted investment destinations.Conversely, Gurugram (Rs 21,901 per sq. ft.) and Noida (Rs 22,523 per sq. ft.) were among the most expensive markets for plots. However, Greater Noida, with an average price of Rs 7,654 per sq. ft., presents a relatively affordable investment opportunity within the NCR region.With developers launching integrated township projects to meet rising demand, plotted developments are set to play a crucial role in shaping India's real estate landscape.
Next Story
Mumbai-Ahmedabad Bullet Train Set to Launch by 2028
India鈥檚 first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India鈥檚 infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..
Next Story
Mumbai-Gandhinagar Train Service Enhances Passenger Capacity
The Mumbai Central鈥揋andhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India鈥檚 busiest business corridors. This upgrade, effective from 11 May, raised the train鈥檚 seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai鈥揂hmedabad鈥揋andhinagar route, which regularly operates at over 150 percent seat occupancy...
Next Story
Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently
Delhi鈥檚 ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river鈥檚 health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..
