Tag: #HousingFinance

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujarat

May 24, 2025

AHMEDABAD: Gujarat’s housing finance landscape is showcasing a contrasting development—while the overall disbursement of home loans is increasing, the number of individual borrowers is witnessing a significant decline. In FY 2025, total housing finance disbursals in the state reached ₹58,399 crore, reflecting an 8.9% rise from ₹53,590 crore in FY 2024. However, during the same […]

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujaratmore

Star Housing Finance Sees 25% Profit Growth in FY25

May 12, 2025

Star Housing Finance Limited (Star HFL), a BSE-listed company, reported a 25% increase in its profit after tax (PAT) for the financial year ending March 31, 2025. The PAT rose to ₹11.10 crore, compared to ₹8.88 crore in the previous financial year. The company’s total annual revenue jumped to ₹94.96 crore, marking a strong 54% […]

Star Housing Finance Sees 25% Profit Growth in FY25more

Project Financing to Resume This Quarter at PNB Housing Finance: MD

May 3, 2025

KOLKATA: Mortgage lender PNB Housing Finance is poised to resume project financing operations this quarter after a hiatus of three years. The company is leveraging its strengthened asset quality to re-enter the developer financing segment—a space that previously posed challenges. Managing Director Girish Kousgi revealed to The Economic Times that the lender already has a […]

Project Financing to Resume This Quarter at PNB Housing Finance: MDmore

Supreme Court Upholds Piramal Capital’s Resolution Plan for DHFL

April 7, 2025

In a significant verdict, the Supreme Court on Tuesday upheld Piramal Capital & Housing Finance’s resolution plan for the defunct Dewan Housing Finance Corporation Ltd (DHFL). This decision effectively overturned the earlier order by the National Company Law Appellate Tribunal (NCLAT), which had directed the lenders of DHFL to revisit specific aspects of the resolution […]

Supreme Court Upholds Piramal Capital’s Resolution Plan for DHFLmore

NHB Increases Surprise Inspections to Assess Housing Finance Companies’ Operations

April 1, 2025

The National Housing Bank (NHB) is ramping up surprise inspections of mortgage lenders to ensure they are operating properly, following a recent fraud case at Aviom Housing Finance, according to two officials familiar with the matter. These surprise checks are in addition to the regular annual credit reviews NHB conducts for housing finance companies (HFCs). […]

NHB Increases Surprise Inspections to Assess Housing Finance Companies’ Operationsmore

NHB Criticizes Home Financiers for Bundling Insurance Policies with Housing Loans

March 25, 2025

The National Housing Bank (NHB) has strongly criticized home financiers for engaging in the mis-selling of insurance policies tied to housing loans. The regulator has instructed housing finance companies (HFCs) to cease bundling insurance products without fully disclosing their terms and conditions to borrowers. In two separate notices dated December 10, 2024, and March 12, […]

NHB Criticizes Home Financiers for Bundling Insurance Policies with Housing Loansmore

Aadhar Housing Finance Registers 17.17% Increase in Net Profit for Q3 FY25

February 6, 2025

NEW DELHI: Aadhar Housing Finance has posted a 17.17% increase in its consolidated net profit for the quarter ended December 31, 2024. The company’s profit after tax (PAT) rose to ₹239.34 crore in Q3 FY25, compared to ₹204.27 crore recorded in the same quarter of the previous fiscal, as per its filing with the BSE. […]

Aadhar Housing Finance Registers 17.17% Increase in Net Profit for Q3 FY25more

NHB Instructs HFCs to Report Bad Loan Data on the First Day of Every Month.

December 12, 2024

MUMBAI: The National Housing Bank (NHB) has directed the heads of all Housing Finance Companies (HFCs) to submit bad loan data by the first day of every month, according to sources familiar with the matter. This move comes after NHB observed that HFCs were continuing to collect loan payments for the previous month even up […]

NHB Instructs HFCs to Report Bad Loan Data on the First Day of Every Month.more

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Crore

October 21, 2024

Capital India Finance Ltd (CIFL), a small-cap NBFC focusing on MSMEs, has sold its housing finance subsidiary, Capital India Home Loans Limited (CIHL), to Weaver Services Private Limited for Rs 267 crore, as stated in a company filing to the stock exchanges. Weaver Services is supported by a team of former HDFC employees. To fund […]

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Croremore

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.

September 17, 2024

MUMBAI: In a recent ruling, the MahaRERA has offered relief to more than 70 homebuyers who had purchased apartments in the Ruparel Skygreens project in Borivli. The promoter had failed to deliver the properties to the allottees, including those who had opted for the subvention scheme and the construction link plan scheme, by the agreed-upon […]

MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.more

Tag: #HousingFinance

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