Prices of under-construction projects increase 15.2% QoQ across top 13 cities: Magicbricks Propindex Report (April-June 2024)
Supply of Under construction properties increased 11.72% QoQ
Aggregate residential demand increased 4.6% QoQ, supply increased 3.5% QoQ and prices increased 4% QoQ across the 13 citiesBengaluru, 25th June 2024 : Between April and June 2024, residential supply witnessed the highest growth rate in the last 24 months, driven by the increasing availability of under-construction properties, shared the recently published PropIndex Report (April-June 2024) by Magicbricks, India’s leading real estate platform.
According to the report, the supply of under-construction properties has increased by 11.7% QoQ, whileprices have risen by 15.2% QoQ between April-June 2024. This surge has resulted in prices of under-construction properties surpassing those of ready-to-move properties in several c...









