Growth of Housing Sector in India
It is the housing sector that needs to be watched where it is anticipated that the growth would be higher than the commercial sectors. Even during the recent years of a rather lower growth in the construction sector, housing sector in India has grown at 20%. Notably, the housing loan disbursement rose from 2.63 lakh crores in 2008-09 to 3.64 lakh crores in 2010-11. (Source: RBI, August 2011, New Delhi).
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