Housing Finance Market in India – April2015
As per latest ICRA report: The Government’s focus on affordable housing, favorable regulations could push overall housing credit growth to 20-22% FY16 onwards, which could lead to improved mortgage penetration from current levels of 8.2%. The housing finance market in India has crossed Rs 10 lakh crore mark as on December 31, 2014. Of this […]
Posted: April 19th, 2015 under India Real Estate Investments, India Real Estate News, India Real Estate Trends.
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Can NRIs Get Housing Finance in India?
Question: Can NRIs obtain loans for acquisition of a house/flat for residential purpose from authorised dealers/financial institutions providing housing finance in India? Answer: The Reserve Bank of India (RBI) has granted some general permission to certain financial institutions providing housing finance e.g. HDFC, LIC Housing Finance Ltd., etc, and authorized dealers to grant housing loans […]
Posted: May 19th, 2012 under India Real Estate Investments, Indian Real Estate Laws.
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