Home ownership has always been an important milestone for Indians. The country’s millennial generation also holds true to this sentiment, but with a few changes. Despite showing a peaked involvement in the real estate sector, the younger generation is more cautious in their approach. While home ownership is an important task for them, the Generation Y wants it to suit their exact requirements, and are willing to wait to find the right residence. As they value experiences over materials things, they prefer their home becomes a part of their high-tech, connected lifestyle seamlessly. The millennials population is not just increasing in size but also in its economic footprint and will be a dominant force in the real estate market in the next five years. This is both a challenge and an exciting opportunity for the developers to reach new prospects.