moneycontrol.com-Millennials prefer home ownership, homes up to Rs 2 crore most favourite: Survey
Millennials (those born between 1981 and 1996) are gravitating towards home ownership, while Gen X and elders (born between 1965 and 1980 and earlier) are considering larger homes.
According to a survey by property consultant Savills India, apart from the desire to own a home, the preference for paying EMIs over high rental costs stands out as a significant motivator for those aged between 26 and 32 years. However, the need for improved and more spacious living arrangements becomes increasingly prominent for respondents in older age groups.
