Report
Voices from India: How will people live in the future?
February 21, 2023
Looking for a PDF of this content?
Nearly six years after CBRE brought to the fore the aspirations of the millennial generation in terms of how they live, work and spend their money, we went back to the drawing board to track how each generation has evolved since then. Our Live-Work-Shop survey, conducted late last year, polled more than 20,000 people worldwide, from Gen Z to baby boomers – of these 1,500 respondents were Indian. The aim again was to understand how they will live, work and shop in the future, and how the shifting dynamics would impact the real estate they use.
In the first report of our three-part series on this survey, we reveal how Indian attitudes towards living spaces have evolved.
Key findings
- Perception shift in 'generation rent'
70% of millennials now prefer to buy over rent, a complete reversal of the trend in our 2016 survey
- Homebuying sentiment remains robust
72% of the respondents who are planning to move in the next two years want to purchase a house
- Convenience on their minds
70% of the respondents prefer better transportation infrastructure with a shorter commute time
Click download to read!
Also, explore the data behind the survey. With our Interactive Data Dashboard, you can compare global results against those of your own geographic region, market and age group. Uncover the insights most relevant for your business.