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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Website (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 July 23, 2024, from https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/
Website (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 July 23, 2024. https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/
Website (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: July 23, 2024. https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/
Website (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/
Website (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 July 23, 2024)
Housing loans as a share of GDP in India from 2017 to 2023, with an estimate for 2025 [Graph], Website (Aditya Birla Capital), August 16, 2023. [Online]. Available: https://www.statista.com/statistics/1385763/india-housing-loans-as-a-share-gdp/