• ASHOK KUMAR
• DHARMENDRA KUMAR

This paper attempts to study the performance of a selected Housing Finance company; The biggest of them all The problem is access to finance. While investment property is an easy candidate for lending, real estate lending is more opportunity-based. In India, access to housing finance is largely centralized and targeted at higher income groups, as this is the sector where formal proof of income exists, such as payslips or income tax returns. Since lenders tend to lend to sectors where lending is easiest, the lower segments of the population pyramid will remain unserved or underserved if the system is left entirely to its own devices. Therefore, in every financial system, it is necessary to enable access to finance to the lower segments of the population pyramid. While the upper middle income segment is well served by banks and mortgage lenders, the lower middle income segment has little or no access to banks for mortgage financing; creating huge demand in this segment and lack of access to finance. The fact that the upper segments of the pyramid are well served is evident from the highly competitive mortgage rates prevailing in this sector. There is also a much longer way to go in terms of ensuring the availability of housing finance for the low to middle income groups.

Key words: Housing finance, affordable housing finance companies (AHFCs),performance, India

"Home Loans in India (Issues and Challenges) - A Comparative Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 9, page no.b581-b586, September-2023, Available :http://www.jetir.org/papers/JETIR2309161.pdf

"Home Loans in India (Issues and Challenges) - A Comparative Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 9, page no. ppb581-b586, September-2023, Available at : http://www.jetir.org/papers/JETIR2309161.pdf