India, March 12 -- The Government of India issued the following news release:
National Housing Bank (NHB), a statutory body under the Government of India has released the Report on Trends and Progress of Housing in India, 2024 pursuant to provisions of Section 42 of National Housing Bank Act, 1987.
The report broadly covers the housing scenario and house price movements, flagship programmes of GoI on housing sector, role of Primary Lending Institutions (PLIs) in providing housing credit, performance of Housing Finance Companies (HFCs) and outlook for the sector.
Key highlights are:
Individual housing loans outstanding as on 30-09-2024 stood at rs 33.53 lakh crore, showing growth of 14% over the corresponding period of previous year.
As ...