Kahaani ghar ghar ki

RBI has just released the Report of its Household Finance Committee and here are a few key findings from the same. India household allocate 77% of their savings to real estate. This stands in stark contrast to the USA (44%) and Germany(37%). The love affair with real estate exists at all levels of the income pyramid. At the bottom end of the income distribution 60% of Indian households have real estate compared to 1% in the US and UK (think small farms and village homes). Apart from the usual suspec