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Sunday, December 22, 2024 | 04:31 PM ISTEN Hindi

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'Small, close to office' is the new mantra for the home-buying millenial

However, buyers need to check public transport facilities and connectivity to major areas

real estate, houses, properties, construction, home
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Raghavendra Kamath
Twenty-eight-year-old Gopal Babu got a job in information technology (IT) company in Bengaluru about three years ago. Recently, when he wanted to buy a house, he chose one that wasn’t big, but closer to his workplace. So he settled for a 550 sq ft apartment, priced around Rs 3.2 million.  “I wanted a small house that suited my pocket and close to my office,” Babu says.

Babu’s was not an isolated case. A number of young professionals are looking to buy smaller houses that are closer to their workplaces and also suit their pockets. Developers, who are battling falling sales

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