Home loans remain top financing preference for urban Indians: Report

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Home loans emerged as the most preferred mode of financing a house purchase across all income groups, according to the Knight Frank-Business Standard report.

Meanwhile, property size and layout, affordability, builder reputation, proximity to the workplace, amenities, financing options, and future resale value were other crucial considerations.Crisis brewing?

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Article Details

Category: BusinessFinance

Markets: India

Topics: Independent houses Generational home buying trends Homeownership trends Home loans Urban Indian homebuyers Premium properties Shishir Baijal Property purchase priorities Knight Frank India Housing finance Gated communities Real estate preferences Apartment preferences Knight Frank report Studio apartments BFSI sector

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 14:08:00 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23459269

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 276 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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