Parekh said that the home loan market in India is estimated at slightly over $ 300 billion, at a mortgage to GDP ratio of just 11% currently, but favourable conditions like rising income levels, improved affordability and fiscal support augur well for the demand for homes.source https://economictimes.indiatimes.com/industry/banking/finance/banking/home-loan-market-will-double-hdfc-merger-will-help-scale-up-business-chairman-deepak-parekh/articleshow/92054113.cms
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