Regardless of headwinds, Aavas has managed to navigate housing finance market. Can momentum maintain?
The house mortgage market in India is estimated at round $300 bn. This represents a mortgage to GDP ratio of 11%, which is comparatively low in contrast with others, significantly creating Asian international locations. The housing finance market is predicted to develop to $750 bn within the subsequent 5 years, in keeping with the FY22 Annual Report of Aavas Financiers.
The important thing to success within the housing finance enterprise lies in managing the asset and legal responsibility profile in a way that financial slowdowns, that are inevitable, don’t create an existential disaster. How has Aavas Financiers managed it until now?The house mortgage market in India is estimated at round $300 billion. This represents a mortgage to GDP ratio of 11%, which is comparatively low in contrast with others, significantly creating Asian international locations. The
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