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Housing Finance: Fueling Homeownership and Real Estate Growth
Housing financeย refers to the provision of funds for purchasing, constructing, or renovating residential properties. It encompasses a range of financial services offered by banks, non-banking financial companies (NBFCs), housing finance companies (HFCs), and government agencies to help individuals and families own homes.
Housing finance plays a crucial role in promoting affordable housing, economic development, and social stability by making homeownership more accessible across income groups.
What Is Housing Finance?
Housing finance is the process through which individuals or entities obtain capital to invest in housing-related needs. This may include:
Buying a new home or apartment
Constructing a house on owned land
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