As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients
purchasing this report between April and June 2020 will be getting a ‘free’
updated market data excel sheet between July and September 2020 accounting for
the impact of COVID-19 on the market in the current year 2020 and forecast.
India loan
against property market is anticipated to grow at a brisk rate during the
forecast period as these types of loans are comparatively cheaper than personal
loans. Major factor driving this market is that these loans offer large sums
with low rates of interest along with longer tenures for repayment. Loan
against property work in favour of borrower’s wishes as the borrower remains
the owner of property by law during the loan tenure and is entitled to repay
the loan according to his/her financial condition. This factor is also
responsible for contributing to the growth of the market. Furthermore, loan
against property caters to medical emergencies, education, marriages and other
family needs by providing large amount of money.
India loan
against property market is segmented based on property type, type of loan,
interest rate, source, tenure, region and company. Based on source, the market
is further bifurcated into bank and housing finance companies (HFCs). Amongst
these, bank segment dominated the market in FY2020 and the trend is likely to
continue until FY2026 as they provide lower interest rates along with benefitting
the customers with myriad lucrative loan schemes. On the basis of type of
loans, the market further fragmented into personal loan, business loan,
building & construction loan and others. Amongst these, business loan is
expected to dominate the market during the forecast period closely followed by
building & construction loan as most of the small and medium sized
enterprises demand funds for business and capital purposes.
Some of
the market players providing loan against property in India are HDFC Bank Ltd., ICICI
Bank Limited, RBL Bank, UCO Bank, South Indian Bank Limited, Indian Bank, Federal
Bank, PNB Bank, Indian Overseas Bank, Axis Bank, and SBI Bank. Loan offering
services in Indian banks is transparent, convenient, secure and hassle free.
They offer various customer focused schemes which enables them to enhance their
customer base.
Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026
Objective of the
Study:
- To analyze and estimate the market size of India
loan against property market from FY2016 to FY2019.
- To estimate and forecast the market size of India
loan against property market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India loan against
property market based on property
type, type of loan, interest rate, source, tenure, region and company.
- To identify dominant region or segment in the India
loan against property market.
- To identify drivers and challenges for India loan
against property market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
loan against property market.
- To conduct pricing analysis for India loan
against property market.
- To identify and analyze the profile of leading
players operating in India loan against property market.
- To identify key sustainable strategies adopted
by market players in India loan against property market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of banks
across the country. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the banks which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the banks, distribution channels and presence of all major players
across the country.
TechSci Research calculated the market size of India loan against property market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Loan against property banks, end users and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to loan against property
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as banks, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
Report Scope:
In this report, India loan against
property market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- India Loan Against Property Market, By Property
Type:
- Self-occupied residential property
- Rented Residential property
- Commercial property
- Self-owned plot
- India Loan Against Property Market, By Type of
Loan:
- Personal Loan
- Business Loan
- Building & Construction Loan
- Others
- India Loan Against Property Market, By Interest
Rate:
- India Loan Against Property Market, By Source:
- Bank
- Housing Finance Companies (HFCs)
- India Loan Against Property Market, By Tenure:
- Upto 5 years
- 6-10 years
- 11-24 Years
- 25-30 Years
- India Loan Against
Property Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India loan against property market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India Loan against property
market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]