A study by Online Mortgage Advisor revealed that India has five of the top 20 happiest cities in the world to buy a home.
The study also revealed that Mumbai is the least happy city to buy a home in the world, while Surat was at the fifth spot in the list. The average happiness score for Mumbai was 68.4 out of 100. This was 17.1 percent lower than the global homebuyer average. The only other city from India apart from Mumbai on the list of least happy city in the world was Surat in fifth place.
Online Mortgage Advisor, a UK-based mortgage broker matching service, came up with the list of the happiest places to buy a home after scraping through thousands of geo-tagged Instagram posts and then analysing the happiness levels in the faces in the photos.
The happiest city in India to buy a home was Chandigarh, which came fifth in the global listing. The other Indian cities to feature in the top 20 places were Jaipur in tenth place, Chennai in the 13th place, and Indore and Lucknow in the 17th and 20th place respectively.
The happiest city in the world to buy a home is Barcelona in Spain, followed by Florence in Italy, and Ulsan in South Korea in the second and third places. Barcelona’s homebuyer photos scored an average happiness score of 95.4 out of a possible 100, which was 15.6 percent higher than than the global average happiness level of homebuyers.
Atlanta in the United States and Sydney in Australia came in the second and third place in the list of the least happy cities in the world to buy a home. The only other city from India apart from Mumbai on the list of least happy city in the world was Surat in fifth place.