CREDAI Nagpur Metro had organized a presentation exclusively for its members by Siddharth Goel, Head Research and Editorial and Manish Jain, Regional Manager. Growth Markets of Magic Bricks.
Goel and Jain focused on residential market survey specific to Nagpur city. The survey report of Magi Bricks says that the demand in Nagpur city has increased by 66% in comparison to 19 % in tier-2 cities. They highlighted the demand of 2 – 3 BHK is high in Nagpur city as compared to other real estate offerings. They also spoke about the demand and supply along with prevailing rent trends. Magic Bricks shared the growth trends in various zones which are the development pocket of the city. The Real Estate industry should focus on those areas along with other upcoming pockets.
The analysis of the trend of current buyer preferences was also shared by them. Nagpur city needs to boost the infrastructure growth and increase and generate employment.
Raunak Diote and Vishwash Gupta were the facilitators. They worked under the guidance of President Vijay Dargan, Secretary Gaurav Agarwala and Treasurer Rajmohan Sahu of CREDAI Nagpur Metro.