* Housing Development Finance Corporation’s individual loan disbursements rose rapidly by 181% on year in June quarter.

* The leading housing finance company sees strong demand for home loans since many locations have unlocked post covid.

* Real estate company stocks have been gaining since the last 30 days hoping for a recovery.

 

The largest private housing finance company in India said that demand had improved in both the affordable segment as well as in high-end properties.  Housing Development Finance Corporation (HDFC) saw a 181% growth in individual loan disbursement in June quarter 2021.

 

Home loan disbursement refers to the release of the credit amount by the bank or financial institution to the borrower. “While disbursements during April and May of the current financial year were somewhat impacted, business has reverted to normalized trends in the months of June, July and later” said the company while announcing its June quarter results.

   

Source: www.businessinsider.in