Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

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Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26

^{Published on 2024-12-16 07:20:47 - The Hans India}

The assets under management (AUM) of mortgage finance loans in the country is expected to grow at a healthy 16-17 per cent this fiscal and the next (FY25 and FY26), a report said on Monday.

The article from The Hans India discusses the projected growth of the mortgage finance sector in India. According to the report, the Assets Under Management (AUM) for mortgage finance in India is expected to grow by 16-17% in the fiscal years 2025 and 2026. This growth is attributed to several factors including an increase in housing demand, supportive government policies like the Pradhan Mantri Awas Yojana (PMAY), and a stable economic environment. The report also highlights the role of digitalization in enhancing loan processing efficiency and customer reach, as well as the increasing trend of affordable housing finance. However, challenges such as high interest rates and regulatory changes could impact this growth trajectory. The article concludes by noting that despite these challenges, the sector remains robust with significant potential for expansion due to the ongoing urbanization and the rising middle class in India.

Read the Full The Hans India Article at:
[ https://www.thehansindia.com/business/mortgage-finance-aum-in-india-projected-to-grow-16-17-pc-in-fy25-and-fy26-930161 ]

N@N

Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26