Finance
Mr. BillionhairHome Loans Skyrocket to ₹37 Lakh Cr, A Financial Triumph!
Listen up, folks! In just ten years, home loans in India have gone from a mere ₹10 lakh crore to an incredible ₹37 lakh crore! That's right, folks, a staggering 11% of GDP! More families are jumping on this housing train, with long-term EMIs and structured plans—it's a tremendous shift in wealth creation! I told you so, and it's beautiful, believe me!
few days ago | Sunainaa Chadha
Quick rundown
1.Housing loans in India have tripled in a decade.
2.Home loans now make up over 11% of India's GDP.
3.More families are using formal credit for home ownership.
4.Home buying has shifted from cash-heavy to credit-led.
5.Housing is taking a larger share of national income.
