GENERAL4 Sept 2026
Smaller cities drive 64% of home loans as volumes surge 81%: Report
Good news if you're planning a home loan: smaller cities now drive 64% of loans, and volumes have surged 81%. Applying has become easier—digital processing of housing finance applications reached 92% in 2024, up from 60% in 2020. Also, 42% of lenders report most enquiries now come online. Bottom line: loans are more accessible and faster for buyers beyond big metros.
Key Statutory Highlights
- Smaller cities account for 64% of home loans, with total loan volumes rising 81%.
- Digital processing of housing finance applications reached 92% in 2024, up from 60% in 2020.
- Around 42% of lenders now say most of their enquiries come online.
Actionable Advice for Taxpayers / Founders:If you're planning a home loan, check whether your lender offers a fully digital application process, since most enquiries now come online.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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