The demand for 1 BHK homes is on the rise among millennials in Bengaluru, driven by high rental yields, affordability, and alternative business models.
Bengaluru1 Bhk HomesMillennialsReal EstateRental YieldsInvestmentProperty PricesReal Estate MumbaiAug 03, 2024
The demand for 1 BHK homes is on the rise, driven by high rental yields, affordability, and alternative business models.
The typical age range of buyers of 1 BHK homes in Bengaluru is between 27-35 years for end-use and 35-50 years for investment purposes.
The main reasons behind the rise in demand for 1 BHK homes in Bengaluru include high rental yields, affordability, and alternative business models.
Developers are planning to give more attention to the 1 BHK segment, allocating a higher share to 1 BHK units in their projects.
The demand for 1 BHK homes is expected to continue to grow, driven by the city's growing IT industry and the preference for one-bedroom properties as an investment opportunity.
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