India: Housing market in Bengaluru attracting more younger buyers

According to CREDAI, millennial homebuyers are looking at affordable category properties ranging from ₹40 to ₹70 lakh.

Bengaluru, Pune, Mumbai, Hyderabad, New Delhi and Chennai are among the cities where the average age of homebuyers seems to be dropping with time. Developers said cities like Bengaluru have attracted a huge influx of white collar migration due to IT/ITES, which, combined with other factors, has led to a demand for housing.

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