HDFC Average Home loan value Rs. 25 lakh..! - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Sunday, March 06, 2016

HDFC Average Home loan value Rs. 25 lakh..!

HDFC Average Home loan value Rs. 25 lakh..!

by Mr.  Keki Mistry, vice-chairman, Housing Development Finance Corp (HDFC)

The affordable housing segment, The opportunity is huge, but if you have to make housing affordable, you will have to get land prices down.

Second is funding of land. Today, largely private equity investors fund it and the interest rate they charge is huge.

Third, expediting the process of project clearance. There should be a single-window clearance for approval of projects.

HDFC average loan value is Rs. 40 lakh in Mumbai and in pan-India it is Rs. 25 lakh. The main problem is price of land.


Today, there is a carpet area, built up area, saleable area. You need to have an agreement, which captures what the real area is.
HDFC Average Home loan value Rs. 25 lakh..! Reviewed by S. Chitra on March 06, 2016 Rating: 5 HDFC Average Home loan value Rs. 25 lakh..! by Mr.  Keki Mistry, vice-chairman, Housing Development Finance Corp (HDFC) The afforda...

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