Key Points
average size. of home loans has increased by 22% to Rs 24.7 lakh in FY23 from Rs 20.2 lakh in FY20...
According to data on home loans analysed by credit bureau CRIF High Mark, there is a shift in..
The data shows that loans above Rs 75 lakh accounted for nearly 30% of new mortgage originations during April-June 2023, while loans between Rs 35 lakh and Rs 75 lakh constituted 31.4% of new loans..
According to the How India Lends report released by the credit bureau, the portfolio of home loans outstanding stood at Rs 30.7 lakh crore as of June 2023 a growth of 15% over the previous year..
While housing finance companies and public sector banks dominate the segments below Rs 75 lakh, private banks lead the Rs 75 lakh-plus home loans..
