Share– What is the average age of home buyers or real estate buyers in Chennai?
It is not just about Chennai Its almost the same in Whole India. Where the avg age of the home buyers is approx. between 40-55 years of age.
35 to 40 is the the major age groups buying a house in chennai. Young generation started investing in chennai.
Several studies and reports have highlighted that average ages of homebuyers in India have plunged to 30 years. This was estimated at 50 years previously. People mostly seeking property are found to be around 30 years of age or slightly more. Reports have also highlighted that the highest number of searches for property online are made in
*Delhi
*Mumbai
*Banglore
*Hyderabad
*Chennai
At least 37 percent of participants in Chennai serious about buying homes fall in the age bracket of 35-45 years, followed by 25 percent in the 45-55 years bracket. More young people are starting to buy property in the city.
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