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
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.
NL Corresspondent Jammu Tawi: Based on the preferences of customers on its platform between October 2022 and October 2023, Magicbricks has observed that Millennials and Gen Zs (age group of 18-34 years) constituted 53% of the total demand for home loans in India. While male applicants contributed to 74% of this demand, female applicants constituted
The Magicbricks report revealed that men dominate the loan applications, with a 74 percent contribution, while women make up the remaining 26 per cent.