The residential real estate sector is witnessing substantial credit growth supported by greater affordability for first-time homebuyers as well as government incentives. It is resulting in the rise in primary home purchase, particularly in the affordable housing segment. The demand for home loans is only set to increase in the near future. Read on to know more about the factors that are driving the demand for such loans, and also leading to a significant increase in 2020. Lower loan interests The Reserve Bank of India has been consistently reducing the…
Read MoreHome Loans to Get a Boost This Year! Know the Factors.
