Browsing Tag

housing finance

6 posts
Urban Money, India’s largest mortgage tech platform, has reported ₹714 crore revenue in FY25 and aims to cross ₹1,000 crore by FY26. Backed by Square Yards, the company has grown 10x in three years through API-based mortgage origination and a 1.5 lakh-strong partner network.

India’s Largest Mortgage Tech Platform Reports ₹714 Crore Revenue in FY25, Eyes Continued Scale Through API-Driven Loan Origination

Urban Money, India’s largest mortgage tech platform, has reported ₹714 crore revenue in FY25 and aims to cross ₹1,000 crore by FY26. Backed by Square Yards, the company has grown 10x in three years through API-based mortgage origination and a 1.5 lakh-strong partner network.
RBI

Homebuyers Rejoice: RBI’s 50 bps Rate Cut Lowers EMIs, Boosts Affordable Housing Prospects

In a significant move for homebuyers, the RBI has cut the repo rate by 50 bps to 5.5%, making home loans cheaper and boosting affordability in the affordable and mid-income housing segments. Developers and industry leaders welcome the decision, expecting renewed demand and faster project execution.
RBI

RBI Rate Cut Brings Good News for Homebuyers: Lower EMIs

In a major relief for homebuyers, the RBI has reduced the repo rate by 25 basis points to 6%, marking its second consecutive cut. Industry leaders say this move will improve housing affordability, boost buyer sentiment, and encourage new project launches—especially in affordable and mid-income segments.
India's booming housing sector

India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth

India’s housing sector continues its upward trajectory, with the National Housing Bank (NHB) reporting that outstanding individual housing loans surged to ₹33.53 lakh crore as of September 30, 2024—a 14% YoY increase. The report highlights the evolving homebuyer preferences, regional credit disparities, and the impact of government schemes like PMAY and UIDF. With urbanization and digitization reshaping the real estate landscape, the sector remains poised for sustained growth in the coming years.

50k Homebuyers Register for Property Expo in Mumbai

The HOMETHON Property Expo 2024 in Mumbai has attracted over 50,000 registrations, highlighting a strong demand for sustainable housing. Set for October 4-6, the expo will showcase more than 1,000 projects, emphasizing climate-friendly practices and exclusive offers for homebuyers.