Inflation, interest-rate hikes could blow away much of India’s dream of an affordable house

It is getting hard to afford an affordable house for many looking to move into India’s popular real-estate hubs. Rising inflation and interest-rate hikes have further discouraged prospective buyers. Moreover, the availability of affordable housing is also drying up. RBI’s latest data on loan growth for affordable housing has laid bare these facts. When will the tide turn?

from Economy-Prime-Economic Times