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What You Need To Know About The Housing Finance Sector In India?

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What You Need To Know About The Housing Finance Sector In India?

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  1. Housing Finance Companies

  2. What You Need To Know About The Housing Finance Sector In India?

  3. Housing finance sector in India has a huge market with the consistently rising population. • It is a 9.3 trillion market after all. Housing finance sector has been growing at the rate of 19% CAGR for past three years. • This segment has been segregated into two primary sections; banks and housing finance companies in India . • But, it is a vast sector as several government bodies and private players are pulling their weight in this sector.

  4. Floating interest rates are on the rising This trend has been gaining traction over a period of time. • It will continue to remain popular as it allows men and women to buy a bigger house or repay the Housing Finance Companies over a smaller period of time. • Though, fixed home loan rate has its merits, it does have a higher rate of interest.

  5. For a long time, the major chunks of real estate, in terms of residential and commercial buildings, were in the major metros. • However, the situation has changed and allowed the expansion to continue in tier-2 and tier-3 cities of India. • This trend will continue offer some of the best facilities to the investors as well as borrowers to buy affordable housing in these cities. • [Source: http://www.sooperarticles.com/finance-articles/loans-articles/what-you-need-know-about-housing-finance-sector-india-1378283.html?]

  6. Follow us on : https://www.facebook.com/HDFCHomeLoanExperts https://twitter.com/HomeLoansByHDFC https://www.youtube.com/user/hdfcltd https://www.linkedin.com/company/hdfc?trk=top_nav_home

  7. Click to know more on Housing Finance Companies: https://www.hdfc.com/ Thank You…

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