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Home Loans Skyrocket in Small Cities, Tier-1 Left Behind!

Finance

Business Standard
Mr. BillionhairMr. Billionhair

Home Loans Skyrocket in Small Cities, Tier-1 Left Behind!

Listen up, America! Home loans are skyrocketing in Tier-2 and Tier-3 cities—81% growth, folks! First-time buyers are taking over, leaving Tier-1 cities in the dust. Infrastructure? Absolutely tremendous! Delhi and Ahmedabad are doing well, but nothing compares to these small cities! I told you so! The housing finance system has never been better, believe me!

few days ago | Amit Kumar

Quick rundown

1.Smaller cities are now leading India's home loan growth.
2.Tier-II and Tier-III cities account for two-thirds of home loan volumes.
3.First-time and mid-income buyers are reshaping the housing market.
4.Premium home loans are still concentrated in select metros.
5.The distributed demand strengthens India's housing finance stability.

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