BENGALURU: India's housing finance sector saw a tenfold jump in primary fundraising in 2024, as venture capital and private equity firms sought to diversify their portfolios with assets perceived as relatively less risky.
Rising housing demand, as well as the ability of mortgage lenders to contain costs at crunch times and generate sustained returns have attracted investments, investors and industry experts said. As more opportunities open up beyond the metros, they expect the momentum to continue in 2025 as well.
In 2024, housing finance companies raised a total of $826.8 million across nine rounds against $82.6 million spanning five rounds a year earlier, data from market intelligence provider Tracxn showed.
This story is from the December 24, 2024 edition of Hindustan Times West UP.
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This story is from the December 24, 2024 edition of Hindustan Times West UP.
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Housing finance sector sees funding rise tenfold
Housing demand and lenders' ability to sustain returns draw investors
