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Real estate Market ResearchCase 01 of 10Illustrative engagement

Understanding homebuyer priorities

A residential developer

  • RegionPune
  • Scope1,500 prospective buyers
  • Timeline5 weeks
  • MarketsIndia
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Illustrative engagement. A representative scenario showing how we approach this kind of work in real estate. It does not describe a specific client; outcomes are described qualitatively.

01

Industry overview

What is shaping real estate

Homebuyers make one of their largest decisions with a mix of online research, site visits and trusted advice. Developers and brokers need quality leads and strong follow-up.

  • Buyers shortlist online before visiting sites
  • Lead quality and speed of follow-up decide conversion
  • Residents' satisfaction drives referrals
02

Client background

A residential developer, working in Pune. This is an illustrative engagement: a representative scenario showing how we approach this kind of work, not a named client project.

Organisation
A residential developer
Sector
Real estate
Team engaged
Market Research
Services
Quantitative research, Consumer panel
03

Client challenge

The developer planned a new project and wanted to match buyer needs.

04

Research objectives

  • Deliver on the brief: understanding homebuyer priorities.
  • Understand the views, needs and behaviour of prospective buyers.
  • Produce results that can be compared across groups and locations.
  • Give the client evidence it can act on within 5 weeks.
05

Target audience

The work focused on 1,500 prospective buyers.

  • prospective buyers1,500

Audiences we typically reach in real estate

Homebuyers and investorsTenantsBrokers and channel partnersResidentsDevelopers' sales teams

06

Geographic coverage

Coverage: Pune. Market: India.

  • India
07

Research methodology

A structured quantitative design, so results could be compared across groups, locations and time.

  1. 1Brief
  2. 2Homebuyer survey
  3. 3Insight

We surveyed prospective buyers about location, size, amenities and budget.

Quantitative researchConsumer panel

08

Sampling strategy

prospective buyers
1,500
  • Business respondents were screened on role, company size and involvement in the decision before being invited.
  • Online respondents were drawn from verified panel members who matched the screening criteria, with quotas on key profile attributes.
09

Data collection

Brief & design Sampling & set-up Fieldwork Analysis Reporting Indicative split of the 5-week timeline.
  • The online survey was mobile-friendly and offered in respondents' languages.
10

Data quality & validation

  • Digital fingerprinting and duplicate checks
  • Attention, speed and straight-lining checks
  • Review of open-ended answers
  • Logic and range checks on the final data
  • Work carried out under our ISO 20252 quality procedures
11

Data analysis

  • Cross-tabulation by key groups and locations
  • Significance testing on the differences that mattered
12

Key findings

  • Buyers prioritised schools nearby and work-from-home spaces.
Design homes around how people live now.
13

Recommendations

  • Build on the core insight: design homes around how people live now.
  • Focus effort where the evidence was strongest: buyers prioritised schools nearby and work-from-home spaces.
  • Re-measure after the changes to confirm the effect.
14

Business impact

  • The developer added study rooms to designs.

What changed in the business as a result of the work. Impact is described qualitatively.

15

Deliverables & next steps

  • Insight report and management presentation
  • Cleaned data file and data tables
  • Repeat the measure after changes are in place to track progress.
  • A natural follow-on question: what do homebuyers want in this location?

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