From being one of the biggest wealth creators of the country in the past few decades to generating the 2nd highest employment in India, the real-estate sector is undoubtedly a major pallbearer of the Indian economy.
After a few temporary shocks due to Covid-19 and the resulting structural reforms, the real-estate sector of India is all set to take-off again and this time towards greater heights.
Now while it has always been the married couples or families who have been taking the biggest share of the pie when it comes to buying homes, the post-Covid era has seen a new segment of the society falling for the many many benefits of buying a home or investing in real estate. This new segment is the millennial class of India who considers real-estate as a true asset.
As per a recent survey conducted by ANAROCK Property Consultants and Confederation of Indian Industry (CII), those falling in the 25-35 age group, prefer to invest in real-estate the most.
Two of the biggest reasons for this are the mainstreaming of Work-From-Home & the popularity of the online education culture, resulting in buyers looking to buy bigger & better homes.
While the 2BHK option has always been the blue-eyed spot for the Indian consumers in the real-estate sectors, it won’t be long before 3 & 4 BHK homes become more popular than ever.