Hotline: 1800 102 2007
X
Search Business Opportunities
Jul, 15 2019

Piramal Housing Finance enters Madhya Pradesh with launch of its housing finance biz in Indore

Moving forward, the company is aiming to introduce its housing finance operations in Navi Mumbai and Palava in the next 3-6 months.

Piramal Capital & Housing Finance, the fully-owned subsidiary of Piramal Enterprises Limited, has launched its housing finance business in Indore, foraying into Madhya Pradesh.

In the Indore market, the company will offer its housing finance offerings including home loans, loans against property and small ticket construction finance for home buyers (salaried and self-employed).

PCHFL’s housing finance business has 16 branches across 15 cities, with a robust network of over 800 developer relationships and more than 3,000 channel partners. Moving forward, the company is aiming to introduce its housing finance operations in Navi Mumbai and Palava in the next 3-6 months.

Khushru Jijina, Managing Director, Piramal Capital & Housing Finance Limited, said, “Indore is an important growth market for PCHFL. This launch marks our foray into Madhya Pradesh and is aligned to our strategy to expand our housing finance presence where there is a growing demand for real estate and home loans. Currently, the housing finance business contributes 10% to PCHFL’s overall loan book, which is expected to increase to 15-18% by March 2020.”

Comment
image
Related opportunities
  • Car wash / Ceramic Coating / Detailing
    About Us:   You can define WHEELER CLEANER in myriad ways, but..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required 900
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mysore Karnataka
  • Furniture/Home Decor & Furnishing
    About Us: At Atom, we provide customised Home Interiors and Home..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Bakery & Confectionary
    About Us: The Churro Co. is quintessential cafe chain for Mumbai..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Robotics & Technical Training
    IndiaFIRST® ROBOTICS - a name known for India’s First ever Modular robots..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size Rs. 50 K - 2lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities