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In 2011, Bessemer Venture Partners bought a minority stake in the company for an undisclosed sum. [11] In 2013, Tata Capital Growth Fund picked up a minority stake in the company. [12] Home First Finance turned profitable in 2014. [13] In February 2017, private equity firm True North acquired a majority stake in Home First Finance for over ₹ 600
The company provides housing finance to individuals and corporations for purchase/construction of residential houses. [13] [17] The type of loans offered by company include loans for purchase and construction of a residential units, purchase of land, home improvement loans, home extension loans, non-residential premise loans for professionals and loan against property and repayment options ...
National Housing Bank (NHB), is a regulatory body for overall regulation and licensing of housing finance companies in India. It is under the jurisdiction of Ministry of Finance, Government of India. [2] [3] It was set up on 9 July 1988 under the National Housing Bank Act, 1987. NHB states it has been established with an objective to operate as ...
Pages in category "Housing finance companies of India" The following 10 pages are in this category, out of 10 total. This list may not reflect recent changes .
LIC Housing Finance Limited (LIC HFL) is the largest Housing Finance Company in India, with a registered corporate office in Mumbai. It is a deposit taking housing finance company, and it is a subsidiary of LIC , mainly providing long-term financing to people who purchase or construct residential houses or flats.
The company was launched in May 2006 as India's first mobile payments provider [1] that allowed consumers to use their mobile phones to pay for online and retail purchases, make utility bill payments, purchase tickets, etc. via their bank account, credit card or a prepaid account.
Explain your credit and financial circumstances: As a first-time buyer, you might not have a long credit history, plan to use a gift funds for a down payment or earn income through a gig work or ...
Jaithirth "Jerry" Rao is an Indian businessman and entrepreneur. He is the founder and former CEO of the software company Mphasis.He is the founder of Value and Budget Housing Corporation (VBHC) (now known as VBHC Value Homes Pvt. Ltd.), an affordable housing venture which he founded in 2008 (Official website).