Mortgages: India
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Penetration
1995-2021
Mortgages Will Double In 5 Years To ₹45L Cr, Dec 10, 2021: The Times of India
See graphic:
The mortgage market in India, 1995-2021 ‘'
(Source: RBI, NHB, Credit Suisse estimates)Mortgage penetration has doubled in last 15 years, increasing 300 basis points in the past 5 years alone, to 11. 5%. However, the Indian mortgage market is still significantly under-penetrated as compared to most other countries. Experts project a 15% CAGR in future, and also expect mortgage loans to double to ₹45 lakh crore (about $600 billion) in the next five years, rising to 13% of GDP…
2014-21
See graphic:
Mortgage penetration in India, 2014-21
2017: India vis-à-vis China, the UK and the USA.