Motilal Oswal
Mortgage to remain in sweet spot, expect industry growth to accelerate The housing sector in India appears well positioned to sustain its momentum led by the pre-existing drivers, such as favorable demographics (large proportion of young population), huge unmet housing demand and improving affordability (wage inflation steady at 10%-11%, and falling inflation in India). This, coupled with the government's focus on the Housing for All initiative, should boost demand for loans and support the housing sector over the next decade or so. Moreover, driven by the conducive policy framework for the sector, management expects housing industry growth to inch up...
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