Year 2011 has been a challenging year for home buyers on account of increasing property prices and home loan rates. How will year 2012 shape up? Will the going become easier or difficult for home buyers?

In order to understand these trends and to understand the mindset of a home buyer Makaan.com is conducting a consumer survey. Participate in this survey if you are planning to buy a property in 2012.

If not, please click here to go to Makaan.com homepage.

1.  Which city would be your first choice for buying a residential property in 2012?
 Delhi NCR  Hyderabad
 Mumbai  Pune
 Bangalore  Ahmedabad
 Chennai  Other
 Kolkata  
2.  What is the prime reason for buying a residential property in 2012?
 For self occupation
 Short term investment perspective (1 - 3 years)
 Long term investment perspective (more than 3 years)
3.  What would be your preferred price bracket/budget?
 Under 40 lacs (Affordable Segment)
 40 lacs - 75 lacs (Mid segment)
 75 lacs - 100 lacs (High End Segment)
 100 - 200 lacs (Luxury Segment)
 > 200 lacs (Super Luxury Segment)
4.  What type of residential property would you prefer to buy?
 Apartment
 Builder Floor
 Bungalow Villa
 Service/Studio Apartment
 Residential Plot
5.  Where do you see residential property prices heading in 2012?
 Prices are expected to correct by upto 10%
 Prices are expected to correct by more than 10%
 Property prices are expected to rise by upto 10%
 Property prices are expected to rise by more than 10%
 Prices will more or less remain stable
6.  What will happen to interest rates on home loans in 2012?
 Home loan rates are expected to fall
 Home loan rates are expected to rise
 They will remain unchanged
7.  If you were to give one advise to the real estate community for a better 2012, which out of the following would you pick?
 Government should increase the income tax exemption on home loan interest repayment from 1.5 lac to 3 lac p.a
 Developers should be allowed to charge only after the construction is completed
 Developers should charge only on Carpet area (and not Super area)
 Pre-launch of project should be stopped
 There should be a lock-in period of 3 years for home buyer (to encourage genuine purchase)
 Government should subsidise home loan by 200 basis points (or 2%) of the market rate
 

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