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Home loan interest too high for Indian buyers, says study

Home loan interest too high for Indian buyers, says study

Thursday, March 30, 2017, 6:42 PM

High housing loan interests and reluctance to borrow are dissuading Indian buyers who have to dig into savings to own a house, a study has revealed. There is significant demand for affordable housing amongst the younger age (25-44 years) in smaller towns than in metros and mini-metros, the study conducted by India Mortgage Guarantee Corporation (IMGC)-Kantar IMRB showed.
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