According to a recent report by IMARC Group, the Indian housing loan market is expected to grow at a compound annual growth rate (CAGR) of 8.90% from 2025 to 2033, reaching a market size of USD 773.8 billion. The growth is primarily driven by increasing demand for affordable housing across the country.
The report provides detailed insights into various segments of the market, including loan types, customer categories, sources of loans, interest rates, loan tenures, and regional trends. It highlights how government initiatives and rising urbanization are contributing to the expansion of housing finance in India.
**Why this matters**
The expanding housing loan market reflects broader economic development and increasing homeownership aspirations in India. Understanding these trends is crucial for financial institutions, policymakers, and real estate developers to make informed decisions and support sustainable growth in the housing sector.
Source: NewsData