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Data drive: India needs nearly 10 crore additional housing units by 2022


The panel has suggested exemption of stamp duty for mortgage-backed securitisation.

India needs around 10 crore additional housing units by 2022, which calls for an investment of Rs 115 lakh crore. A committee set up by the Reserve Bank of India has recommended setting up of a government-sponsored intermediary under the National Housing Bank (NHB) for the development of the home loan securitisation market.

The panel has suggested exemption of stamp duty for mortgage-backed securitisation. It has also suggested that loan documentation must be standardised for housing loan and NHB should establish the loan origination standards on a priority basis ...


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