Shifting Real Estate Preferences of Young Buyers in India...

Aug 21, 2014 by

Many young property buyers in India have been shifting from rented homes to owning their land. Due to modernizing lifestyles and family structures, city buyers are especially considering to buy their own houses instead of spending their hard-earned money on long-term rent payments. However, they do not want to do any compromise with their existing lifestyle and require a house that fits their needs. Thus, many buyers are making up their minds to adjust in small-sized homes instead of having no property of their own. Young people usually do not possess huge savings and can also not afford to buy large residential properties. Thus, they are turning toward studio apartments that suit their families, lifestyles, and budgets. Such properties are especially in high demand by couples who stay away from joint families. This choice...

read more