Young and Old Fuel India’s Housing Boom
Real Estate

Young and Old Fuel India’s Housing Boom

India’s housing market is witnessing a surprising surge in interest from two distinct age groups—young professionals and senior citizens. A recent consumer sentiment survey of 1,950 prospective homebuyers reveals that both 18–24-year-olds and those aged 75 and above are showing strong intent to invest in real estate, highlighting a shift in how different generations are approaching property ownership.

Young professionals, driven by rising incomes and a long-term view on wealth creation, recorded a Housing Sentiment Index (HSI) score of 164. Respondents from this group indicated they are willing to invest five to six times their annual income in residential property—an early and bold step into the housing market that marks a shift in financial planning among the youth.

At the other end of the spectrum, senior citizens aged 75 and older recorded an even higher HSI score of 167. Their interest in purchasing property is linked to retirement planning, lifestyle improvements, and legacy creation. Their decisions are often guided by an informed understanding of market trends and real estate cycles.

The survey also highlighted strong buyer confidence in the Rs 35–50 million price bracket, which registered the highest sentiment index of 147. These buyers—typically earning over Rs 10 million annually—are targeting luxury homes and appear unfazed by short-term market fluctuations.

Recent market data from Q1 2025 reinforces these sentiments.

Mumbai saw a 4.6% quarter-on-quarter increase in average prices, reaching Rs 30,256 per sq ft.

Gurugram recorded a 0.7% rise to Rs 15,607 per sq ft.

Kolkata experienced the steepest hike at 5.2%, though it remains more affordable at Rs 8,106 per sq ft.

Another key trend is the rising preference for under-construction properties, which scored an HSI of 155. These homes are increasingly seen as attractive due to their modern amenities, smart features, and perceived value appreciation over time.

The supply of under-construction homes has also surged, with a 40% year-on-year increase in Q1 2025. Leading this supply growth are:

Kolkata – 111% YoY increase

Bengaluru – 103.46%

Gurugram – 100%

This spike in new project launches signals growing developer confidence and aligns with evolving buyer preferences.

In conclusion, the survey confirms that despite price pressures, consumer confidence in real estate is robust, fueled by aspirations for better living, financial security, and lifestyle enhancements across age groups.

India’s housing market is witnessing a surprising surge in interest from two distinct age groups—young professionals and senior citizens. A recent consumer sentiment survey of 1,950 prospective homebuyers reveals that both 18–24-year-olds and those aged 75 and above are showing strong intent to invest in real estate, highlighting a shift in how different generations are approaching property ownership. Young professionals, driven by rising incomes and a long-term view on wealth creation, recorded a Housing Sentiment Index (HSI) score of 164. Respondents from this group indicated they are willing to invest five to six times their annual income in residential property—an early and bold step into the housing market that marks a shift in financial planning among the youth. At the other end of the spectrum, senior citizens aged 75 and older recorded an even higher HSI score of 167. Their interest in purchasing property is linked to retirement planning, lifestyle improvements, and legacy creation. Their decisions are often guided by an informed understanding of market trends and real estate cycles. The survey also highlighted strong buyer confidence in the Rs 35–50 million price bracket, which registered the highest sentiment index of 147. These buyers—typically earning over Rs 10 million annually—are targeting luxury homes and appear unfazed by short-term market fluctuations. Recent market data from Q1 2025 reinforces these sentiments. Mumbai saw a 4.6% quarter-on-quarter increase in average prices, reaching Rs 30,256 per sq ft. Gurugram recorded a 0.7% rise to Rs 15,607 per sq ft. Kolkata experienced the steepest hike at 5.2%, though it remains more affordable at Rs 8,106 per sq ft. Another key trend is the rising preference for under-construction properties, which scored an HSI of 155. These homes are increasingly seen as attractive due to their modern amenities, smart features, and perceived value appreciation over time. The supply of under-construction homes has also surged, with a 40% year-on-year increase in Q1 2025. Leading this supply growth are: Kolkata – 111% YoY increase Bengaluru – 103.46% Gurugram – 100% This spike in new project launches signals growing developer confidence and aligns with evolving buyer preferences. In conclusion, the survey confirms that despite price pressures, consumer confidence in real estate is robust, fueled by aspirations for better living, financial security, and lifestyle enhancements across age groups.

Next Story
Infrastructure Transport

Railways Boosts Cyber Security And Fairness In Ticket Bookings

Indian Railways has said its reservation ticketing system is a robust and highly secure IT platform equipped with state-of-the-art cyber security measures. The national transporter has introduced several initiatives to enhance system performance and improve access to regular and tatkal tickets. A key step has been the large-scale revalidation and verification of user accounts. Since January 2025, around 30.2 million suspicious user IDs have been deactivated. Anti-bot tools such as Akamai have been deployed to filter non-genuine users, ensuring smoother booking for legitimate passengers. To c..

Next Story
Infrastructure Transport

Indian Railways Speeds Up Green Transition With Wider Electrification

Indian Railways is accelerating its modernisation drive by upgrading infrastructure and rolling stock with advanced technologies aimed at enhancing safety, punctuality, reliability and passenger comfort. A major focus of this effort is the transition to cleaner traction systems, with a significant reduction in the use of coal-based and diesel engines. Electrification has been taken up in mission mode. As of now, 99.2 per cent of the Broad Gauge (BG) network has been electrified, with the remaining routes under execution. During 2014–25, Railways electrified 46,900 route kilometres, compared..

Next Story
Infrastructure Energy

Centre Strengthens Cybersecurity Framework Across India’s Power Sector

The POWERGRID Centre of Excellence (CoE) in Cybersecurity has been established at the Indian Institute of Science (IISc), Bengaluru to advance research and development in cybersecurity for power grid operations and transmission systems. The initiative is part of India’s broader effort to build a resilient and secure power ecosystem. To strengthen cyber readiness across the sector, the Central Electricity Authority (CEA) issued the Cyber Security in Power Sector Guidelines, 2021, creating a comprehensive cyber assurance framework and governance structure for all power entities. Further, the ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App