IndiaProperty.com study shows 56% people want to buy house now!!!

• 56% of those surveyed consider making a property investment in the next 6 months.
• Though 46% prefer 2BHK, 23% for 3 BHK while 20% still prefer to buy an independent house.
• 10% of the people are ready to invest in property worth Rs 75 lacs.
• Mumbai and Chennai are the favored property investment destinations with Bangalore coming in at a distant third.

IndiaProperty.com, India’s No 1 property site that offers the best comprehensive property resources and keeps conducting surveys to get insights on the mind frame of the consumer which in turn helps serve them better

The website conducts online surveys every quarter to get a hold on knowing the attitudes and preferences that property seekers value in the real estate sector.

Around 1,500 individuals took the online survey and it was noticed that 33% of the people assume that the property rates will remain the same for 6 months and 24% think it may increase by 10% in the next 6 months.

Commenting on the survey findings Murugavel Janakiraman Founder & CEO IndiaProperty.com said, “ 56% of the buyers feel that the interest rates will remain the same and that they are looking at immediate investment within the next 6 months. The trend for 2 BHK (46%) and the option below 50 lacs remains but there is an interestingly 10% of the people who still opt for 75 lacs investment. Builders should also take note that while the affordable housing is still in trend, there are at least 20% of the people looking at independent houses which will cost above 50 lacs”.

We at IndiaProperty work constantly towards bringing in a new method/transformation while our members are searching for properties on our site.

Builders are also launching different kinds of property projects to suit the demands of its varied customers”. He added.

About IndiaProperty:

IndiaProperty.com is owned by Consim Info Pvt. Ltd., an ISO 9000:2001 certified company and one of India’s fastest growing Internet entities.

Started in the year 2006, IndiaProperty offers both realtors and consumers the most comprehensive property resources and serves as a one-stop shop for all kinds of property requisites. The site can be used to buy, sell, rent and lease properties across all major cities in India. IndiaProperty has over 5,00,000 lakh property listings from across India with all major builders and agents listings their properties in the site. IndiaProperty boasts of over 1.6 million unique visitors every month.

YahooIndia Property search is also powered by IndiaProperty.com. In 2008 IndiaProperty was awarded the Best Property Site by PC WORLD. The site has been ranked the leading property portal by Comscore, Google and Alexa. ViziSense has rated IndiaProperty.com as the Top Site due to the portals innovative features, ease-of-use and unique products like the Virtual Property Fair and IndiaPropertybase.com. IndiaProperty powers the property channel for NDTV.com, Sify & Samachar.