1 day ago
MMR Homebuyers Favor 2BHKs Amid Rising Property Prices
A survey asked people what kind of homes they want to buy.
In the Mumbai Metropolitan Region, many people preferred smaller 2BHK homes.
Only 39% of MMR respondents chose 3BHK homes, the lowest share among the major markets surveyed.
Across India, however, 3BHK homes were more popular.
Higher property prices are making some buyers delay purchases.
Some people are choosing to rent or look farther from central areas instead.
Most people said they wanted homes for themselves rather than as investments.
New housing projects and the reputation of the developer were also important to many buyers.
More than 40% of MMR survey respondents preferred 2BHK homes, while 39% preferred 3BHKs.
The Anarock Consumer Sentiment Survey – H1 2026 covered 8,320 people aged 23-77 across 14 cities.
Nationally, 3BHKs were the most preferred configuration at 48%, followed by 2BHKs at 38%.
Rising prices are influencing decisions, with some buyers shifting to rentals or peripheral locations.
Self-use accounted for 68% of home purchases, while 32% were for investment.
- Who
- Homebuyers and 8,320 respondents surveyed by ANAROCK across 14 cities.
- What
- The survey found that MMR buyers generally prefer smaller homes, especially 2BHKs, while national buyers favor 3BHKs.
- Where
- The survey covered the Mumbai Metropolitan Region and 13 other Indian cities.
- When
- The findings are from the Anarock Consumer Sentiment Survey – H1 2026.
- Why
- Rising property prices and affordability concerns are influencing home-size and purchase decisions.
Key facts
- Survey
- Anarock Consumer Sentiment Survey – H1 2026
- Respondents
- 8,320 people aged 23-77 across 14 cities
- MMR 3BHK preference
- 39%, the lowest among the surveyed major markets
- Nationally preferred configuration
- 3BHKs, chosen by 48% of respondents
- Price concerns
- 65% of respondents nationally were at least moderately concerned about rising prices
- Purchase purpose
- 68% planned to buy for self-use and 32% for investment
- Preferred investment asset
- Residential real estate was preferred by 60%, compared with stocks at 20%, gold at 11% and fixed deposits at 9%
Quotes
Anuj Puri
Chairman of ANAROCK Group
“The preference for larger homes is visible across most major markets, although the intensity varies by city.”
freepressjournal.in
Sources
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