propnewstime.com-Pune leads home loan disbursals as high-value loans rise in Q4 2024
MagicLoans has reported a significant rise in demand for high-value home loans, particularly in the INR 50 lakh - INR 1 crore category, which emerged as the most sought-after segment in Q4 2024 (October-December). This bracket accounted for 36% of all home loans disbursed through the Magicbricks platform, reflecting a growing preference for premium housing. The INR 10 lakh - INR 50 lakh loan segment followed closely, contributing 33.7% of total disbursals, indicating strong demand in the mid-range housing segment as well.
Among the cities leading this surge, Pune accounted for the highest share of home loan disbursals at 30.6%, highlighting the city's strong real estate momentum. Hyderabad followed with 22.6%, while Bengaluru and Gurugram contributed 17.3% and 14.2%, respectively. Notably, Gurugram recorded the highest average loan ticket size, reinforcing its position as a market for high-end residential properties.
