50 peripheral cities witness home loan growth ranging from 15 to 36%

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Home Main_home_banner 50 peripheral cities see higher home loan growth between FY2012-13 & FY2017-18. Main_home_banner; News; 50 peripheral cities see higher home loan growth between FY2012-13 & FY2017-18. By. admin. 0. 26. share.

New Delhi, 10 June 2019: 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.

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While outstanding home loans in districts comprising leading four metros – Delhi, Mumbai, Chennai and Kolkata – grew at 8 to 12% during this period, Tier II and III cities across 50 districts.

Around 50 districts of the country have exhibited higher Compounded Annual Growth Rate (CAGR) of outstanding home loans, ranging from 15% to 36% between financial year 2012-13 and 2017-18, as against 8% to 12% observed across districts of Delhi, Mumbai, Chennai and Kolkata, showed a JLL Research analysis of the latest RBI home loan data.

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