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Millennials, Gen Zs meet 53% of home loan demand

India Business News: Magicbricks estimates that individuals in the 18-34 age group, encompassing Millennials and Gen Zs, contributed to 53% of the home loan demand in Indi

home loan demand: Nearly 53% home loan demand from millennials, Gen Z: Study

Millennials and Gen Zs, in the age group of 18-34 years, constituted 53% of the total demand for home loans in India between October 2022 and October 2023. While male applicants contributed to 74% of this demand, female applicants constituted 26%, showed a Magicbricks study.

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