V. K. Sharma, CEO, LIC Housing Finance |
LIC HFL distributed Rs 22,000 crore and is in the fourth position in the housing finance segment.
The demand for housing finance is estimated at over Rs 3 lakh crore. It is projected to touch Rs 15 lakh crore in five years.
Conservative estimates made by the central government show that there could be a shortage of 2.50 crore housed in Indian in next five years.
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