Showing posts with label Trends in India. Show all posts
Showing posts with label Trends in India. Show all posts

Thursday, November 08, 2007

20 years in 20 years

Thats the improvement to the new house buyer's profile in India. In the last 20 years, the average age of a new house buyer has reduced from 50-58 years to 30-38 years ( According to a report published in Business Line 2 days ago ) - A clear indication of spending power in the 30-40 year age group. The spending power is just going to penetrate even lower ( 25 year olds, depth ) and to a larger group ( more people in the age group, breadth) in the coming years.

As for me, i have managed to resist the pressure from mom ( who else!! ) and despite the tempting offers she threw in ( offering a small part of the money required!! ).

This step will have to wait for a while..