DHFL organizes ‘Griha Utsav’ in Hyderabad
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DHFL organizes ‘Griha Utsav’ in Hyderabad

07-06-2018

DHFL organizes ‘Griha Utsav’ in Hyderabad

~Expects over 30% surge on home loan disbursements in Hyderabad~

~Noble initiative towards fulfilling the Governments vision of Housing for All by 2022~

~Customers to choose from over 100 affordable housing units starting Rs.20 lakh onwards~ 

 

DHFL, one of India’s leading housing finance companies will be organizing a property cum finance exhibition on June 9 and 10, 2018 at Sri Kalyan Gardens, NH65, Madhava Nagar Colony, Miyapur, Hyderabad, Telangana from 10 am to 8 pm. Customers will be able to choose from over 100 affordable housing units starting Rs. 20lakh 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 Telangana and 30% growth in home loan disbursements from Hyderabad.”

The DHFL Griha Utsav in Hyderabad 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 MantriAwasYojana 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 15 branches in Telangana and through these branches we further service over 60 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 Rs. 1,11,086crore for the year ended March 31, 2018.

About DHFL

DHFL was founded in 1984 by Late Shri Rajesh Kumar Wadhawan, with a vision to provide financial accessibility to lower and middle income customer segments among semi-urban and rural populace in India. Led by Mr. Kapil Wadhawan, Chairman and Managing Director, DHFL is one of the leading housing finance companies in India with a large network across the country that caters to millions of customers in the LMI category. DHFL has been rated CARE AAA (Triple A) and assigned BWR AAA from Brickworks Rating.

Over the last 34 years, DHFL has provided customers with a vast array of home loan products including loans on homes, residential plots, construction, LAP or loan against property as also mortgage, non-residential and project loans. The company’s wide network, deep understanding of customer needs gathered over time, enables DHFL to offer customised financial access to LMI customers in India’s smallest towns. With strong business fundamentals and proven industry expertise, DHFL is a highly respected and trusted financial services company with a concerted focus towards enabling home ownership to the LMI customer segment in India. DHFL’s CSR efforts are an integral part of the Company’s ethos, fulfilling critical societal needs through Economic Empowerment through Financial Literacy, Skill Development, Rural Development with focus on Drought Mitigation and Early Childhood Care and Education (ECCE), implemented with measurable outcomes. DHFL also has representative offices in Dubai, London and the UAE. For further information, please visit www.dhfl.com