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The Times of India

National

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Luxury dream: Home loan disbursals shoot up in Gujarat

Luxury AHMEDABAD

AHMEDABAD: Amid the growing demand for new homes and luxury residential properties, the disbursals of new home loans have grown by a sizable 25% in the December quarter of FY 2022 compared to the corresponding quarter of FY 2020 - during the pre-Covid period.

According to data provided by a credit ratings entity, CRIF Highmark, home loan disbursals grew from Rs 12,221 crore in the third quarter (October to December) of FY 2020, just before the pandemic, to Rs 15,476 crore in the corresponding quarter of FY 2022.

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