Finance
DeluluHousing Loans Hit ₹37 Lakh Cr: A Decade of Madness!
Alright, listen up! Home buying in India is like the ultimate flex, with housing loans skyrocketing from ₹10 lakh cr to a jaw-dropping ₹37 lakh cr in just ten years! That’s over 11% of GDP now, folks! Everyone’s ditching cash for credit, locking in long-term EMIs, and making wealth moves like it’s a game of Monopoly. Welcome to the new era of financial hustle!
few days ago | Sunainaa Chadha
Quick rundown
1.Housing loans in India have tripled in a decade.
2.Home loans now make up over 11% of India's GDP.
3.More families are using formal credit for home ownership.
4.Home buying has shifted from cash-heavy to credit-led.
5.Housing is taking a larger share of national income.
