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High housing loan interests and reluctance to borrow are dissuading Indian buyers who have to dig into savings to own a house, a study has revealed. There is significant demand for affordable housing amongst the younger age (25-44 years) in smaller towns than in metros and mini-metros, the study conducted by India Mortgage Guarantee Corporation (IMGC)- Kantar IMRB showed. “Housing sector is poised for a higher growth, especially in affordable housing segment by the Housingfor- all by 2022 Mission and infrastructure status accorded by government, apart from various other measures,” Sriram Kalyanraman, MD&CEO, National Housing Bank said at the launch of the report. Around 38 per cent respondents said that interest rates are too high while equal number of respondents cited lack of savings and unwillingness to borrow as constraints to own a house.