India Home Loan Scene

India Home Loan Scene

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The Housing Finance market
Since 1985, the Union government has been striving to address the housing shortage through various policies and provisions. And since then housing finance schemes have been directly impacting such policy interventions.

Known for its resilience, the housing finance market has attracted a lot of financiers due to its promising nature. Home loans account for about 10% of the country’s GDP. The business is split into three parts with banks, NBFCs and HFCs catering to the needs of borrowers.

The Home loan market, by the end of March 31, 2018, was almost proportionately divided between banks and HFCs. The banks accounted for 55% of outstanding loans, whereas HFCs made for the remaining 45%



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