Affordable housing segment News
As many as 62 percent of the new launches during January-June 2017 period were in the affordable housing segment, a recent survey revealed.
In a bid to strengthen the retail loans portfolio, the private lender Bandhan Bank is focusing on gold loans along with affordable housing segment, a top official said on Thursday.
Domestic rating agency Icra on Wednesday said affordable housing segment is likely to grow over 30 percent over the medium term and will be the key growth driver for the mortgage finance market.
The first project will be launched next month in Panchkula, Haryana at about Rs 1,500 per sq ft.
Axis Bank on Tuesday launched a 20-year home loan scheme at a fixed rate of 10.40 percent for loans of up to Rs 50 lakh.
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