10/9/2024, 12:35:05 pm

Better buy than pay hefty rent: Bengaluru sees a change

Soaring rents for living in Bengaluru have shifted the age median age for the first-time homebuyers from 42 to 34 in the last three years as millennials and Gen Z increasingly chose to buy, instead of taking on rent, according to experts. Data from proptech firm NoBroker shows that tenants in key cities would typically move around nine times before purchasing a home.