India, March 24 -- The profile of the first-time homebuyer is undergoing a marked shift. In 2019, only 38% of buyers were under 35; by 2026, that share rose to 64%, with Bengaluru accounting for nearly 68% of first-time buyers in this age group. This generational change is being driven by the tech economy and startup culture, as younger buyers increasingly view homeownership not as a retirement milestone but as a foundation for building long-term wealth, a report by NoBroker said on March 24

Interestingly, the share of unmarried first-time homebuyers is also seeing a gradual decline, the report said.

In Bengaluru, buyers under the age of 35 contribute 68% of the first-time buyers, fueled by high early-career incomes and a cultural norma...