Survey results published by Housearch, a leading online platform for residential property searches globally, reveal that young Indian investors are now leading the pack in international markets for buy-to-let residential properties, outpacing foreign investors from other countries. Utilizing a mix of its website analytics and external data, Housearch’s recent blog post unveils a rising trend of Indian investors, particularly those aged between 24 and 40, becoming increasingly dominant in the buy-to-let sector of real estate in key global cities such as Dubai, London, and New York.
Over the past year, Housearch data shows Indian users as the most prolific group on its platform seeking residential properties in the UAE, accounting for almost 10% of all potential buyers. This compares to 7% for British and 5% for American users. Intriguingly, a significant portion, two-thirds, of these Indian prospects are scouting for investment opportunities, with the remainder seeking homes for personal use.
The interest predominantly stems from affluent Indian regions, notably the urban centers of Mumbai, Pune, New Delhi, Bangalore, Hyderabad, and Chennai. Millennials, particularly those aged 25 to 34, form the majority of this group, making up 74%.
Housearch’s post also reflects on India’s burgeoning economic might, with forecasts suggesting its GDP could hit $5 trillion in the coming three years, with ambitions to reach $7 trillion by 2030. This economic growth is set to fundamentally alter the landscape of global buy-to-let markets, as per Housearch’s analysis.
The platform notes that younger Indian investors consider overseas residential properties a more reliable asset compared to traditional investments like gold or stocks. This preference is driven by the asset’s tangible nature and the opportunity it presents in locations with an expanding Indian community. As India’s economy and the personal wealth of these investors grow, so too is expected their demand for foreign property investments, according to Mark Wilson, an advisor and research head at Housearch.
About Housearch
Housearch has established itself as a premier online destination for those interested in residential real estate, with a special emphasis on newly built properties offered directly by the developers or builders. Since its launch in 2022, the platform boasts a comprehensive catalog of more than 4,000 fresh properties located in key investment hotspots around the world, including the UAE, Turkey, Indonesia, and Thailand.
