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Home First Finance Company India Limited is an Indian housing finance company in the affordable housing segment based in Mumbai and founded in 2010. It provides home loans, mortgage loans and home construction loans. [5] [6] Its equity shares are listed on Bombay Stock Exchange and National Stock Exchange. [7]
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 ...
Motilal Oswal Financial Services was set up by Motilal Oswal and Raamdeo Agrawal as a broking house in 1987. [5] The company entered into investment banking in 2005, followed by private equity fund in 2006. [6] In February 2006, the company acquired Peninsular Capital Markets, a Cochin, Kerala based broking company for Rs. 35 crore. [7]
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). [1] [2] He was also a founder and director of Home First Finance Company, [3] a Housing Finance company focused on providing housing finance to first time home ...
The Finance Act, 2019 has amended the National Housing Bank Act, 1987. The amendment confers the powers of regulation of Housing Finance Companies (HFCs) to the Reserve Bank of India. NHB registers and supervises Housing Finance Companies (HFCs), keeps surveillance through On-site & Off-site Mechanisms and co-ordinates with regulators.
The organisation provides finance for setting up of new towns and also works as consultancy services for the projects of designing and planning relating to Housing and Urban Development programs in India as well as abroad. HUDCO won UN-Habitat Scroll of Honour Award for the contributions to the development of housing in 1991. [7]
In 2013–14, the company received the Housing Finance Company (HFC) License from the National Housing Bank (NHB) for its wholly-owned subsidiary Capital First Home Finance Limited. Capital First also launched new products like SME business loans, personal loans, and affordable housing, and scaled up the existing businesses. Between 2014 and ...
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.