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Unbelievable as it may seem, millennials are a huge part of the Indian housing market right now, and they’re driving the changes happening in the country’s home buying landscape. For instance, that 1 BHK flat in Ghatkopar which you have been intending to buy but haven’t been able to make up your mind about, a millennial has made a thoughtful decision to make it theirs!
The pandemic has made people aware of the necessity of owning a home, according to a report on COVID-19, which surveyed more than 5,000 millennials about their attitudes toward owning homes. At the start, developers and brokers assumed the ‘work from home’ trend would dissipate after returning to the office, but it continues to be a formidable force. The survey that was conducted also revealed that many millennials want to invest in real estate because they want to be able to live independently and make their own decisions about where they want to reside.
In the current market environment, Mumbai’s homebuyers have a variety of excellent options from which to pick like the L&T Veridian nestled amid the expansive tranquillity of Powai and the Ghatkopar-based L&T Centrona, etc.
A key element in determining how the real estate industry will develop is paying close attention to and taking into account the tastes of today’s millennials. Millennials will undoubtedly remain at the forefront of the housing ecosystem and have a significant impact on market trends as future decision-makers. If you are millennial keen on investing in your own home, you can get in touch with us to make enquiries regarding L&T Centrona price and those of our other properties in Mumbai.