More than 85 per cent of the urban working class prefers to invest in real estate - of which, 85 per cent are urban youth aged 24-35, says a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Seventy eight per cent respondents, aged between 24 and 40, chose residential properties in cities like Mumbai, Delhi, the NCR and Bangalore for their investments.    

The trend of youngsters buying property is just three-four years old. A property dealer in Palam Vihar (Development Forum Vihar), says that youngsters are motivated easily, and therefore, have started investing in real estate.    

Also, real estate is something that will always boom and one will never lose (money on it). In the last three-four years, youngsters aged 24-28 have started buying property here, says a property dealer in South City-I. The dealers say earning youth give priority to buy a flat than purchasing a car.