Invest The Millennial Way – With InvestoXpert

With work from home slowly becoming a regular practice in India Inc., having a physical asset or a roof above you is now more crucial than ever. Millennials are starting to grasp the importance of investing in a property and owing a home. The shift in the mindset of Millennials has create a significant demand in the real estate industry. They are finding this the most secure way of making an investment which can give healthy returns in the future through different rentals. Millennials are switching from making fixed deposits in banks to investing in real estate. So, what’s causing this shift in interest?

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• Work from home has cut down the expenses significantly, resulting in healthy savings. This new norm has paved way for the millennials to scout for spacious homes, good amenities, furnished homes built by renowned developers, connectivity and more.

• As per a recent study conducted by around 360 realtors, more than 70% of the millennials want to buy a house within the next three years. This speaks about the mentality and desires of a millennial which has changed during the pandemic and will be like this for many more years.

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What’s the feeling like across India?

1) Delhi NCR – A jump of more than 65% in millennials buying properties in areas like Vaishali, Dwarka and Rohini.

2) Mumbai – A jump of more than 75% in millennials buying homes in area such as Navi Mumbai, Thane and on online portals.

3) Bengaluru – A jump of more than 55% in millennials buying house in preferred areas like Hebbal and Yashavantapura.

As the average age of home buyers has now fallen under 40 years, projects in the outskirts of various cities are gaining more millennial traction day by day. The enquiry frequency is shooting up as millennials look for information on several housing projects. Proptech companies are observing a surge in the number of young people on the look out for a property. The change in sentiment is gaining pace and millennials are the force behind it.

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The objective of growing their wealth and making use of savings is creating the demand in the real estate industry. With millennials, using modern technologies to look for homes is a common practice.

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InvestoXpert is the ideal one stop destination for all your real estate needs. We help you in discovering your dream home across India with an end-to-end assistance. Right from real estate advice to legal consulting and much more, we cover it all! Our platform gives you the access to a huge number of homes around India with filtering in various specifications such as 2BHK, 3BHK, price, recently launched projects, area and more.

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Not just residential, on our platform you can also search commercial real estate projects. Moreover, you can search for residential property available on rent as well. With the vision of our Founder and CEO, Vishal Raheja, we are able to deliver the services in an effective and efficient manner. Head to our website today and checkout an array of services!

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