This post is taken from Business Insider (source).
In India, the millennials are considered profligate spenders and a generation that seeks instant gratification, not worrying or planning much about the future.
A recent news report highlights a shift in the spending pattern of millennials from borrowing for lifestyle and recreational purposes to serious priorities like home repairs, home buying and medical emergencies in the family.
[…] Millennials are driving the home buying trends in India. Their home buying trends show that they trust the listed and established real estate owners more. It means that there is an opportunity for the new or less established residential property owners to deliver on the promise. It applies to many upcoming and promising housing societies and residential projects in Mohali Aerocity, on the Mohali Airport Road. […]
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