Wednesday, Jun 20 2018 | Time 05:38 Hrs(IST)
image
image
  • US withdraws from U N Human Rights Council -US Ambassador Haley
  • FIFA World cup: Russia beats Egypt by 3-1
  • Russia on brink of knockout stage after win over Egypt
  • England hit record 481 in ODI thrashing of Australia
  • Soccer-Brazil winless but not worrying yet, says Coutinho
Business Economy Share

Piramal launches retail offering in Delhi-NCR market; invests Rs 10K cr

New Delhi, Mar 14 (UNI) With the aim to leverage existing funding relationships in Delhi-NCR, Piramal Housing Finance on Wednesday introduced a retail offering in the market which will complement its existing wholesale business and will enable them to offer the entire spectrum of financial products in real estate.
“Piramal Finance already has a strong presence in Delhi-NCR market. The strength of these relationships is evident in the quality of partners and projects – The wholesale business in Delhi-NCR has selectively funded close to INR 10,000 crores (across debt and equity) with Tier 1 development partners with a strong track record of execution, since initiating coverage of the region on an integrated basis in March ’14,” said Piramal Finance & Piramal Housing Finance Managing Director Khushru Jijina.
Mr Jijina said, “We are excited to launch our housing finance offerings to Delhi-NCR - a critical market for us. Since its launch in September 2017 in the Mumbai Metropolitan Region alone, our housing finance business is expected to cross INR 1000 crore by March 2018 in disbursed loans and sanctioned amounts. With a dedicated team, a roll out strategy in place to target Delhi-NCR market and a sharp focus on customer centricity, we plan to replicate our Mumbai success in NCR and beyond as we look to triple our retail HFC AUM by March 2019.”
The company as of now has tied up with 30 projects in Delhi-NCR with 15 preferred developers spread over seven micro markets in Gurugram (Haryana) and Noida (Uttar Pradesh).
UNI DJK ADG 1947
More News
Public deposits are safe in Govt banks: Goyal

Public deposits are safe in Govt banks: Goyal

19 Jun 2018 | 7:59 PM

New Delhi, June 19 (UNI) Finance minister Piyush Goyal assured on Tuesday that the public deposits in the Public Sector Banks (PSBs) are extremely safe.

 Sharesee more..

Power capacity additions: 5 GW by 2022 & 30 GW by 2030

19 Jun 2018 | 7:49 PM

New Delhi, Jun 19 (UNI) Ministry of New & Renewable Energy declared medium and long term target for off-shore wind power capacity additions, which are 5 GW by 2022 and 30 GW by 2030, a statement said.

 Sharesee more..

Kottayam-Kochi Rubber Market Rates

19 Jun 2018 | 7:17 PM

Kottayam, June 19 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR Rs 12600
RSS FIVE Rs 12150
ISNR TWENTY: Rs 11900
SIXTY PERCENT LATEX: Rs.

 Sharesee more..

Heimtextil India & Ambiente India fair from June 27

19 Jun 2018 | 7:11 PM

Mumbai, June 19 (UNI) Running into its 5th edition, Heimtextil India & Ambiente India will open doors this month from 27 - 29 June at Pragati Maidan, New Delhi.

 Sharesee more..
Range Rover Sport SVR, SVAutobiography bookings open

Range Rover Sport SVR, SVAutobiography bookings open

19 Jun 2018 | 6:57 PM

Mumbai, Jun 19 (UNI) Bookings for dynamic Range Rover SVAutobiography and Range Rover Sport SVR has started, Jaguar Land Rover India announced.

 Sharesee more..
image