In 2023, housing loans accounted for 12.3 percent of India's GDP and are projected to increase to 13 percent by 2025. Over the past six years, the home loan portfolio has experienced significant growth due to increased disbursements fueled by the rising demand from tier-2 and tier-3 cities, increased nuclear families, and growing disposable income.
Housing loans as a share of GDP in India from 2017 to 2023, with an estimate for 2025
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Various sources (Aditya Birla Capital). (August 16, 2023). Housing loans as a share of GDP in India from 2017 to 2023, with an estimate for 2025 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/
Various sources (Aditya Birla Capital). "Housing loans as a share of GDP in India from 2017 to 2023, with an estimate for 2025." Chart. August 16, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/
Various sources (Aditya Birla Capital). (2023). Housing loans as a share of GDP in India from 2017 to 2023, with an estimate for 2025. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/
Various sources (Aditya Birla Capital). "Housing Loans as a Share of Gdp in India from 2017 to 2023, with An Estimate for 2025." Statista, Statista Inc., 16 Aug 2023, https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/
Various sources (Aditya Birla Capital), Housing loans as a share of GDP in India from 2017 to 2023, with an estimate for 2025 Statista, https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/ (last visited November 23, 2024)
Housing loans as a share of GDP in India from 2017 to 2023, with an estimate for 2025 [Graph], Various sources (Aditya Birla Capital), August 16, 2023. [Online]. Available: https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/