Homing In

Schmidt, Lucinda
June 2008
Forbes Asia;6/30/2008, Vol. 4 Issue 12, p82
The article reports on the launching of Wizard Home Loans by Australian entrepreneur Mark Bouris in a joint venture with General Electric (GE) Money in India. The author stated that Bouris is focusing on the large emerging middle class and its growing demand for housing. In addition, the National Housing Bank has stated that only 3% of the Indian population has a home loan but it's been growing at 30% a year.


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