Impact of Inflation on Indian housing Finance Industry

Almas Talib, Dr. Gaurav Pandey

Abstract


Housing is one of the basic need of every individual as it provides shelter and security. As per the census 2011, 31.16 % of the total population is in the urban area. This research article describes about the inflation, various types of inflation and its impact  on home loans. Recent year we have seen increasing rate of inflation having high and volatile interest rate. Although this has effected whole economy but the most drastic effect is seen on the housing finance industry. High interest rate has postpone the demand of customer for home.


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ISSN : 2251-1555