Being a real estate investor, I have observed the shifting trend in Bengaluru’s real estate market. To answer your query: Is parental support for home purchases declining in Bengaluru? I must say that parental contributions are less common than they previously were, and young buyers are financing properties on their own. Self-reliance is undoubtedly becoming more popular, even though some people still depend on family support.
What are the Key Insights on Parental Support for Home Purchases Declining in Bengaluru?
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More Gen Z and millennials in Bengaluru are purchasing properties at an early age, often without parental assistance.
According to a Deccan Chronicle survey, 62% of city purchasers are between the age of 25 and 35, suggesting that bank lending is targeting young professionals.
Many people would rather obtain home loans than rely on their parents for down payments.
While it still exists, parental support is no longer the norm. Young property buyers are increasingly funding their property purchase through bank loans or savings in Bengaluru's real estate market.
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Is Parental Support for Home Purchases Declining in Bengaluru?
Tanash78
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5 months
2025-07-07T09:58:12+00:00 2025-07-07T09:58:13+00:00Comment
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