Piramal Finance enters into housing finance segment – ET RealEstate

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Mumbai: Piramal Finance Ltd, the non-banking finance company of the Piramal Group, has set up a housing finance company that will offer home loans through realty developers and direct lending to.

Piramal Finance enters into housing finance segment The housing finance company will offer home loans as well as loans against property and construction finance for small developers PTI | September 27, 2017, 18:00 IST

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MUMBAI: Financial services player JM Financial has got the regulatory approval to launch a housing finance subsidiary. the company had said it would enter the affordable mortgage segment along with.

Piramal Finance forays into housing finance segment – Piramal Finance forays into housing finance segment Piramal Finance has announced that it is entering the retail housing finance business through its wholly-owned subsidiary, Piramal Housing Finance, which will offer home loans, as well as loans against property and construction finance for small developers

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"Through the wholesale business, we already have sanctioned Rs 3,250 crore to developers in Pune. Now, through the housing finance business, we will offer home loans, loan against property and small-ticket construction finance to the developers in the Pune market," Piramal Finance Managing Director Khushru Jijina was quoted in the media as saying.

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Piramal Finance launches its Housing Finance offering in the. – RM Correspondent Piramal Housing Finance, the wholly owned subsidiary of Piramal Finance, expands its presence in the Delhi-NCR market with the launch of 3 branches in Delhi, Gurugram and Noida. The retail housing finance business will offer home loans, loan against property and smaller ticket construction finance to the developers in Delhi-NCR.

Mumbai, Sep 27 : Piramal Finance on Wednesday announced its entry into the retail housing finance business through its wholly-owned subsidiary Piramal Housing Finance. "Under a licence received from the National Housing Bank to operate, the housing finance vertical will offer home loans as well as loans against property and construction finance.

Piramal Housing Finance enters Pune, to add 4-5 cities in six months Piramal Finance, the financial services arm of diversified firm Piramal Enterprises, on April 24, 2018, said it has expanded its housing finance business to Pune, marking its foray into the market.