Pre-Budget Quote from Ajay Jaiswal, Chief Operating Officer, IIFL Home Finance Limited

“We are eagerly awaiting the upcoming union budget, with a keen focus on the revival of the affordable housing sector. Our foremost expectation from the government is to prioritize affordable housing initiatives, particularly by revitalizing schemes like PMAY (Pradhan Mantri Awas Yojana) for the Economically Weaker Sections (EWS) and Low-Income Groups (LIG). The introduction of PMAY 2.0 would be particularly welcome, as it would infuse much-needed liquidity into the housing finance sector for EWS and LIG segments.

We hope to see measures that simplify and expedite home loan disbursals, especially for customers in tier 2 and tier 3 cities. Such initiatives not only drive economic growth but also empower individuals and families across India to achieve their dream of homeownership in rapidly growing urban centres. We are optimistic that the budget will usher in a more inclusive and accessible housing finance environment, enhancing homeownership prospects for diverse segments of our society.”