BFSI Summit: 'Supply pressure for affordable housing despite strong demand'

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BFSI Summit: 'Supply pressure for affordable housing despite strong demand' - Business Standard

Quick Summary:

The Reserve Bank of India (RBI's) had said that housing finance companies find the pre-payment penalty imposed as a challenge for the lenders.

He said, “The stock of affordable housing is limited, and if developers do not step in to fill the gap, prices will inevitably rise, exacerbating the affordability crisis.

I would personally think that there are no regulations which are detrimental to the affordable household finance company in comparison with a regular housing finance company.