Twitter
Advertisement

Small cities, not metros driving home loans

Rs 9.7 L cr – India’s home loan market hit in FY2018, growing at compounded annual growth rate (CAGR) of 16%

Latest News
Small cities, not metros driving home loans
FacebookTwitterWhatsappLinkedin

Tier-II and -III cities across 50 districts saw 15-36% growth in outstanding home loans during FY2013 and FY2018 versus 8-12% across Delhi, Mumbai, Chennai and Kolkata, as per JLL 

Rs 9.7 L cr – India’s home loan market hit in FY2018, growing at compounded annual growth rate (CAGR) of 16%

Rs 4.6 L cr – It was in FY2013

What's driving growth peripheral cities?

  • Improved connectivity
     
  • Infrastructure growth
     
  • Better education and health care facilities
     
  • Realtors adopting latest construction and development trends
     
  • Lower land and manpower costs
     
  • Policy initiatives like the Smart City Mission
Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement