real estate news
Indian Real Estate Market Surges with 14% Growth in Housing Loans: NHB Report
The Indian real estate market has witnessed a significant upsurge, driven by a 14% growth in individual housing loans, according to the latest report by the National Housing Bank (NHB). As of September 30, 2024, the total outstanding housing loans have re
real estate news
Q2FY24 Sees 14% Growth in Individual Housing Loans, MIG Segment Dominates
Individual housing loans outstanding rose 14% to ₹33.53 lakh crore in Q2FY24, with the MIG segment leading the growth. Here’s a detailed look at the trends and factors driving this increase.
real estate news
Housing Loans Reach ₹33.53 Trillion in Q2FY25: NHB
The National Housing Bank (NHB) reports that housing loans outstanding have reached ₹33.53 trillion in the second quarter of FY25, signaling a promising outlook for the housing sector.
real estate news
RBI Revises Prudential Norms for Urban Co-operative Banks: Enhanced Real Estate Flexibility
The Reserve Bank of India (RBI) has introduced revised prudential norms for Urban Co-operative Banks (UCBs), easing exposure norms for real estate lending. This move aims to provide greater flexibility to UCBs in granting housing loans and other real esta
real estate news
RBI Relaxation of Norms Boosts Urban Co-operative Banks
The Reserve Bank of India (RBI) has introduced new regulations to ease the operational challenges faced by Urban Co-operative Banks (UCBs), particularly in the areas of real estate, housing loans, and priority sector lending. These changes aim to enhance
Real Estate
India's Household Debt Burden: A Rising Concern Driven by Housing Loans and Unsecured Lending
India's household debt has surged to 38% of GDP, driven by a rise in housing loans and unsecured lending. Is this a cause for concern?