Drawing on the analysis of its own website data and external sources, Housearch highlights a trend where investors aged 24-40 years from India are becoming the most active in buy-to-let residential property investments in prominent destinations such as Dubai, London, and New York.
According to Housearch website data collected over the last twelve months, Indians top the list of the platform's most active users interested in purchasing residential real estate in the UAE, representing nearly a tenth of all prospective buyers. In comparison, Brits account for 7%, and Americans for 5%. Notably, two-thirds of prospective Indian buyers on the platform are in search of investment properties, with only 35% looking for homes to live in.
Approximately half of the prospective buyers access the platform from a select few affluent regions in India, including the metropolitan areas of Mumbai and Pune in Maharashtra, New Delhi, Bangalore, Hyderabad, and Chennai. Millennials are prominently represented, comprising 74% of this cohort, aged between 25-34 years.
