Growth in home loans higher in non-metros: JLL

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Growth in home loans higher in non-metros: JLL PTI : June 11, 2019 New Delhi : The share of four metro cities — Delhi, Mumbai, Kolkata and Chennai — in outstanding home loans dropped to 16 per cent in 2017-18 from 22 per cent in 2012-13 as growth in loan book was higher in small towns, according to property consultant JLL India.

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 · Tier II & III cities across 50 districts of the country have exhibited higher Compounded Annual Growth Rate (CAGR) of outstanding home loans, ranging from 15% to 36% during the period between FY2012-13 and FY2017-18 as against 8% to 12% observed across districts comprising leading four metros – Delhi, Mumbai, Chennai and Kolkata – during the same period, according to a JLL.

Growth in home loans higher in non-metros: jll 10 jun 2019. New Delhi, Jun 10 The share of four metro cities – Delhi, Mumbai, Kolkata and Chennai – in outstanding home loans dropped to 16 per. New Delhi, Jun 10 The share of four metro cities – Delhi, Mumbai, Kolkata and Chennai – in outstanding home loans dropped to 16 per.

In its latest report, JLL said that tier II and III cities across 50 districts of the country exhibited higher compounded annual growth rate (CAGR) of outstanding home loans, ranging from 15-36 per cent during the period between 2012-13 and 2017-18 as against 8-12 per cent observed across districts comprising leading four metros.

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Lauding the decision, JLL CEO & country head ramesh Nair. rate in terms of better credit cost as well as higher liquidity will hopefully be transmitted further by banks to NBFCs as well as home. As a result, non-metros are coming into focus, says A Shankar, COO, JLL India.

Home Loans in West Ken-Lark Growth in home loans higher in non-metros: Property consultant JLL – The share of four metro cities – Delhi, Mumbai, Kolkata and Chennai – in outstanding home loans dropped to 16 per cent in 2017-18 from 22 per cent in 2012-13 as growth in loan book was higher in.

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