The average age of home loan buyers has significantly decreased from 40 to 28 years: Raoul Kapoor of Andromeda
The surge in home loans is driven by the rise in the real estate industry. Andromeda Sales and Distribution witnessed loans disbursal soared by over 23% to touch Rs 75,397 crore, driven primarily by the home loan segment. The home loan business surged to approximately Rs 33,918 crore in FY24, up by over 22% from