Property favourite investment tool of Indians, finds Money9 survey

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Do you know how many families in our country have their own property or land? Which state has the highest number of households who have invested in property or land? And in which part of the country has highest number of families which have invested in property or land?

If you don’t know, we will tell you… all this information has been brought to you by Money9 in one of its special surveys.

This is the country’s first and independent personal finance survey.

Money9 surveyed 31,510 households in 100 districts across 20 states of the country.

And according to this survey, the national average of investment in property is 18%.

State-wise, Karnataka comes at the top, where 54 out of every 100 families invested in land or property. It is followed by Tamil Nadu in the south where  28 families out of every 100  have invested in properties.

States in south and west India are ahead in terms of investment in propert.  Among the western states, Maharashtra has the highest number of households invested in property at 24 per cent. Maharashtra is also at third position in the country.

Apart from the southern and western states, Punjab and Jammu and Kashmir are ahead in terms of investment in property in north India.

21 out of every 100 families in Punjab and Jammu and Kashmir have invested in property.

While Bihar is at the lowest position among the larger states, only 2 out of every 100 families have invested in property or land.