National housing bank (NHB) is believed to be considering a proposal which allows lenders to lend up to 90% of the property value as home loan. This would be applicable for loans worth over Rs. 20 lakhs.
Currently, banks lend maximum of up to 80% of the property value. Increase in LTV can be a good move as it will reduce the down payment burden for the home loan buyers who used to contribute at least 20% of the property value till now.