Aavas Financiers stock price

HUDCO, other housing stocks jump 9% after govt greenlights 3 crore additional houses under PMAY

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HUDCO, other housing stocks jump 9% after govt greenlights 3 crore additional houses under PMAY

Shares of housing finance and infrastructure project firms surged up to 9% in Tuesday’s trade on the BSE after the newly formed NDA government, in its first cabinet meeting on Monday, decided to provide assistance to 3 crore additional rural and urban households for the construction of houses, to meet the housing requirements arising out … Read more

Can Aavas Financiers be a long-term play on growing housing finance industry?

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Can Aavas Financiers be a long-term play on growing housing finance industry?

The expansion of the housing market will considerably impact the country as a whole because the real estate or housing industry, in particular, is connected with numerous sectors. Synopsis The home loan market in India is estimated at around $300 billion. This represents a mortgage to GDP ratio of 11%, which is relatively low compared … Read more