AN EMPIRICAL EXAMINATION OF BORROWERS PERCEPTION REGARDING AWARENESS OF HOUSING FINANCE PARAMETERS

Dr. Regis Arunodayam Dominic Savio, K. Senthil Velan
2020 Zenodo  
The Indian Housing Finance Market witnessed dramatical changes as a result of Policy initiatives, characterized by institutional build up, technological advancements, modernization and transparent practices. The change in the Housing Finance Market is also reflected in the increased number of Borrowers. Inspite of the developments in the Housing Finance Market, many low income borrowers continue to keep away due to prevalence of uncertainity in their income and investment knowledge and
more » ... wledge and affordability criteria.This calls for the attention of the government and policy makers to understand the factors influencing the Housing Finance Market operations which enable them to decide the options. In effect, it can be reasoned that a prospective borrower is faced with the problem of choice in his attempt to access a housing loan. Which factors would affect his ultimate choice of a housing loan from available financing sources? This paper aims to examine the awareness level of the Borrowers with respect to different housing parameters.
doi:10.5281/zenodo.3605062 fatcat:ypomh7nbcbahlmv7mkwnxyj7mu