Categories: Market

Investment as the key driver for buying property – Rajeeb Dash, AVP – Sales & Marketing, Tata Housing on the CBRE Millennial Survey findings

New Delhi, December 03, 2016: “Millennials today comprise the single largest consumer segment globally. These young buyers at an average age of 35 years have informed opinions, are independent and know exactly what they want, affirmed in the recent Millennials Survey by CBRE. It is very encouraging to note that a significant number of millennials in India aspire to buy a property in the future without compromising on the quality of life. Their consumption and saving pattern is a clear indicator that realty stands at the forefront of millennial investment strategies, with 35% Indian millennials highlighting investment as the key driver for buying property. Tata Housing eagerly tracks this segment and is constantly creating innovative propositions like wellness homes, smart homes, integrated living concept for the millennial homebuyer whether for end use or for investment. We have close to 40% contribution coming from the millennials for the affordable segment and 25% for the premium segment… further this is going up year on year”

Corporate Comm India(CCI Newswire)

The Property Times News Bureau

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