“Beta, ek ghar toh apna hona chahiye…” — a phrase every Indian has heard growing up, echoing through generations, across dining tables, and WhatsApp family groups. Owning real estate is not just an aspiration in India — it is woven deep into our cultural, emotional, and even spiritual fabric. What lies behind this deeply embedded love affair with property? We can partially decode it through anecdotal examples, data, and a look into the Indian psyche.

Legacy Over Liquidity

In many Indian households, a home is the only tangible inheritance passed down through generations. We often hear stories of ancestral homes that have stood for over a century, becoming a family's identity.

In Kolkata’s Shobha Bazar, a 120-year-old mansion still houses five generations under its roof. It has weathered

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