~Expects over 30% surge on home loan disbursements in Chennai~
~Noble initiative towards fulfilling the Governments vision of Housing for All by 2022~
~Customers to choose from over 100 affordable housing units starting Rs. 15 lakh onwards~
Chennai, June 6, 2018: DHFL, one of India’s leading housing finance companies will be organizing a property cum finance exhibition on June 9 and 10, 2018 at Ananda Thirumana Maaligai, No 220 GST Road, Chrompet, Chennai – 600044 from 10 am to 8 pm. Customers will be able to choose from over 100 affordable housing units starting Rs.15 lakh onwards. DHFL Griha Utsav is a noble initiative towards realizing the Government’s vision of ‘Housing for All by 2022’. Entry to this exhibition is free.
Commenting on the exhibition, Mr. Harshil Mehta, JMD and CEO, DHFL said, “Over the last three decades, DHFL has been providing affordable housing finance to the LMI segment in the tier 2 and 3 towns. The Company has developed unmatched industry expertise, a strong distribution network and deep understanding of the LMI customer. This has allowed us to offer a range of comprehensive and customized financing solutions to the LMI segment across Tier 2 and 3 towns. The ‘DHFL Griha Utsav’ exhibition reinforces our dedication and commitment to empower the LMI segment to own their dream home”.
Mr. Mehta added, “We are expecting over 25% growth in home loan disbursements from Tamil Nadu and 30% growth in home loan disbursements from Chennai.”
The DHFL Griha Utsav in Chennai will not only offer competitive interest rates but also offer customers spot sanctions on their home loan and attractive discounts on processing fees. Most of the housing units will be covered under the Pradhan Mantri Awas Yojana which will provide an interest subsidy benefit of upto 2.67 lakhs for first home buyers, provided the customer fulfils the eligibility criteria for the home loan.
DHFL currently operates out of 38 branches in Tamil Nadu and through these branches we further service over 100 neighboring locations. DHFL offers a range of home loan products including home loan, home extension loan, home improvement loan, plot loans, mortgage loan, project loan and non-residential property loan to all customer segments across India, retaining its concerted focus on the low and middle income segment.
DHFL offers an array Deposit Products for Individual, Trusts and Corporate investors, which ensure high yield with convenience of safety and liquidity. These Fixed Deposit Products are rated CARE AAA and BWR (FAAA) ensuring high safety. Additionally, the company also offers project loans essentially for development of affordable housing projects.
The company Asset Under Management (AUM) grew 33 % to 1,11,086 crore for the year ended March 31, 2018.