Archive · 22 May 2025

Home Loan Borrowers Decline in Gujarat, Mortgage Sizes Rise

Home Loan Borrowers Decline in Gujarat, Mortgage Sizes Rise

In Gujarat, more money is being lent for homes, but fewer people are taking out loans.

The total amount of money lent increased, but the number of people borrowing decreased significantly.

This is because houses are getting more expensive, and people's incomes haven't kept up.

Some people are also choosing to invest in stocks instead of buying homes.

The loans that are being taken out are for larger amounts, but this doesn't always mean people are buying better homes; it just means they're paying more for the same ones.

Sources