By 2030, Millennials and Gen Z to Dominate New Home Purchases in India: JLL Report
India’s residential real estate market is undergoing a transformative phase, with Millennials and Generation Z projected to account for 60% of new homebuyers by 2030, according to a year-end market report by JLL India, a global real estate services firm.
With rapid urbanization, technological advancements, and evolving consumer preferences shaping the housing market, India’s residential sector is poised for exponential growth. As Millennials and Gen Z continue to drive demand, developers are focusing on creating homes that offer sustainability, connectivity, and affordability to cater to this influential demographic.
By 2030, these generational shifts, combined with favorable policy reforms and economic growth, are set to redefine the country’s housing landscape.
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