Demographical Impact On Growth Of Housing Finance In Pune And Aurangabad

Abstract

People first satisfy their need for food and clothing and then want to satisfy their need for shelter. Everybody desires to have a sweet home to rest and relax. In most of the cases, for the middle class people, their house is the most valuable asset owned by them in which their life-long savings are invested. Shelter or home gives a person protection against wind, sunshine and rain. It gives protection for his family and for his property. Ownership of home also provides everyone pride and psychological satisfaction. It brings family together and gives a rightful place in the world for him to take rest. In this paper presents the economic factors and demographic factors impacting the growth of housing finance in Pune and Aurangabad.

Keywords- housing finance, financial institution, banks