Dewan Housing
Dewan Housing Finance Corporation (DHFL) is looking to tap Maharashtra’s semi urban and rural market for housing finance lending business. DHFL, a private housing finance company, has around 11,000 customers in and around Pune with a portfolio size of Rs 1,000 crore. Rakesh Makkar, president & chief distribution officer, DHFL points out that Pune is [...] Continue Reading »
HDFC posted a marginal growth in the net profit; however LIC Housing and Dewan Housing both reported a severe drop in the financial market. During the month of June 2011, both of these financial sectors reported a severe decline in sanctioning loans and there are few borrowers approaching them for funding. The actual impact is [...] Continue Reading »
International Finance Corporation (IFC) is strengthening its affordable housing team in India. Senior investment and property development managers and green specialist from its global office are expected to join the Indian arm by August. The low-cost housing initiative is currently headed by Subrata Dutta Gupta who was earlier involved in IFC’s housing finance business. It [...] Continue Reading »
