Chennai
Leads India’s Housing Sentiment Index, Emerging as the Most Confident Real
Estate Market: Magicbricks Report
- Mid-segment homes and stable pricing fuel buyer optimism; compact formats continue to dominate demand
Chennai,
October 23, 2025: Chennai
has emerged as the most confident housing market in India, topping the latest
Housing Sentiment Index (HSI) Report JAS 2025 by Magicbricks. The city has
outperformed major metros such as Noida-Greater Noida and Kolkata to secure the
highest HSI score in the country, reflecting strong buyer confidence, steady
affordability, and sustained end-user participation.
According
to the report, Chennai’s housing sentiment is being driven by a combination of
stable pricing, improved connectivity, and consistent demand in the mid-segment
category priced between ₹75 lakh and ₹1.5 crore. The city’s homebuyers have
shown resilience despite broader economic headwinds, as affordability,
employment stability, and the availability of ready-to-move homes continue to
support purchase decisions.
Compact
and semi-furnished homes ranging from 500–1,000 sq. ft. remain the preferred
choice among Chennai buyers. This reflects a broader nationwide trend where
consumers are prioritizing functionality and timely possession over larger
configurations. Builder floors and apartments continue to lead demand,
underlining the preference for flexible layouts and independent living options.
The
report also highlights that Chennai’s housing market is primarily driven by
end-users rather than speculative investors. Millennials and working
professionals continue to form the core of active demand, while Baby Boomers
and Gen Z buyers are showing stable sentiment, indicating widening generational
participation. Respondents in the ₹10–30 lakh annual income bracket recorded
some of the strongest intent, suggesting that the city’s housing demand is
anchored in real affordability.
The HSI
Report JAS 2025 further notes that while buyer optimism has stabilized across
the country, Chennai’s steady growth trajectory and predictable pricing have
allowed it to maintain leadership. Most respondents in the city expect property
prices to appreciate moderately—between 6–10%—over the next year, reinforcing
real estate’s position as a secure and rewarding asset.
Chennai’s
top ranking underscores its reputation as one of India’s most balanced housing
markets, where affordability meets aspiration. The city’s consistent buyer
confidence, supported by infrastructure expansion and a strong employment
ecosystem, continues to make it a model of sustainable housing sentiment.
Magicbricks
is India’s No.1 property site
As the
largest platform for buyers and sellers of property to connect in a transparent
manner, Magicbricks has monthly traffic exceeding 2 crores and an active base
of over 15 lakh property listings. Magicbricks has metamorphosed into a full
stack service provider for all real estate needs, with services including home
loans, interiors, and expert advice.
With 17+
years of experience and deep research-based knowledge, Magicbricks also
presents a repertoire of insight-driven platforms like MBTV—India’s leading
online real estate YouTube channel—and other proprietary tools so that home
buyers can access all information related to price trends, forecasts, and
locality reviews.
