Category: Housing Finance

Follow the latest trends in housing finance, including home loan rates, mortgage policies, RBI updates, and government schemes. Stay informed about financial products and regulations that impact homebuyers, investors, and lenders in the real estate market.

Housing FinanceLatest Stories

Can Fin Homes Q2 FY26 Net Profit Rises 18.89%

NEW DELHI: Can Fin Homes (CFHL) has announced an 18.89% increase in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax for Q2 FY26 reached ₹251.42 crore, up from ₹211.48 crore for the same period last year, according to a BSE filing. The company reported a net consolidated total income of ₹1,049.45 crore for Q2 FY26, reflecting a growth of 9.01% from ₹962.69 crore in the corresponding quarter of the previous fiscal year. As of September 2025, the loan portfolio stood at ₹39,657 crore, compared to ₹36,591 crore in the same quarter last year,…

Housing FinanceLatest Stories

HFCs Gain NHB Support to Diversify Funding, Lower Loan Costs

MUMBAI: Housing finance companies (HFCs) are set to experience reduced borrowing costs following the National Housing Bank’s (NHB) approval of partial credit enhancement (PCE) for bonds they issue. This initiative aims to enable HFCs to pass on the benefits of lower funding costs to borrowers, particularly those in the affordable housing sector. In a letter dated October 6, the NHB notified housing finance companies that it would offer PCE on secured non-convertible debentures (NCDs) they issue, with the goal of helping them “diversify their funding sources” and “reduce reliance on banks.” The NHB stated that the facility would only be…

Housing FinanceLatest Stories

Sammaan Capital Eyes Affordable Housing Boost After IHC Investment

Sammaan Capital is set to enhance its focus on affordable housing loans following a $1 billion investment from Abu Dhabi’s International Holding Company (IHC), as stated by CEO Gagan Banga in an interview with Reuters. With affordable housing being a crucial growth sector, Banga mentioned that the IHC’s investment will provide “even greater momentum” as Sammaan aims for an assets under management (AUM) target of 1 trillion Indian rupees (approximately $11.27 billion) by the financial year 2027. To facilitate this expansion, Sammaan plans to establish around 10 new branches each month, predominantly in tier-4 and tier-5 cities and outlying areas…

Housing FinanceLatest Stories

Warburg Pincus to inject ₹500 crore into Truhome Finance

MUMBAI: Truhome Finance, focusing on affordable housing, is set to receive an additional ₹500 crore funding from its primary shareholder, Warburg Pincus, later this month, as confirmed by a senior official. This new investment will increase Warburg Pincus’s total commitment to over ₹2,000 crore in the entity, previously known as Shriram Housing Finance. “Warburg has previously invested ₹1,200 crore in new funding and ₹400 crore in compulsorily convertible debentures. They are now set to contribute ₹500 crore more by the end of October,” said Ravi Subramanian, managing director and CEO of the lender, in a statement to PTI. He noted…

Housing FinanceLatest Stories

Banks Boost Loans to Wealthy for Mortgage Growth

MUMBAI: To spark mortgage growth, banks are focusing on the luxury housing market, designing tailored loan products to cater to increasing demand for high-end properties in major cities and their affluent suburbs. “The premium segment continues to thrive, and that is where the growth lies,” stated Manu Singh, head of housing finance at Kotak Mahindra Bank. “Buyers are seeking larger, luxury homes, often looking for second or third residences in Alibaug or Gurgaon. We view home loans as relationship products; our goal is to be a trusted banking partner for the affluent throughout this journey.” In Mumbai and Delhi, luxury…

Housing FinanceLatest Stories

Easy Home Finance Secures Long-Term Funds from Franklin Templeton

Home financing startup Easy Home Finance has successfully raised $35 million in a funding round spearheaded by Ranjan Pai’s family office, Claypond Capital, alongside Japanese financial giant Sumitomo Mitsui Banking Corporation’s Asia Rising Fund. The startup has secured long-term financing through an NCD issuance with Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF). This investment was facilitated through the Franklin India Credit AIF, a fund tailored for private credit opportunities. The funding will bolster the company’s expansion in promising housing regions and strengthen its capital foundation. “The support from Franklin Templeton significantly validates our strong credit framework, inclusive business…

Housing FinanceLatest Stories

Skybridge Ventures Acquires 24.5% Stake in India Home Loan

MUMBAI: Skybridge Ventures LLP has announced its acquisition of a 24.5% stake in India Home Loan Ltd through an off-market transaction. This acquisition underscores Skybridge Ventures’ confidence in the future growth prospects of affordable housing and retail financing in India, as stated by the Mumbai-based firm. Skybridge acquired over 34.99 lakh shares, constituting the 24.5% stake in India Home Loan Ltd, although specifics regarding the deal size were not disclosed. Based on the closing share price of India Home Loan on Friday, the value of the acquired stake amounts to Rs 14.85 crore. “India Home Loan Ltd has developed a…

Housing FinanceLatest Stories

Sundaram Home expands to Karnataka, targets ₹60 crore in EB loans

CHENNAI: Sundaram Home Finance has entered the Karnataka market with plans to disburse Rs 60 crore in its first year of operations in the state under its Emerging Business segment. In the initial stage of expansion, the Chennai-based firm intends to open 8-10 branches in Tier II and III towns in Karnataka, according to a press release issued on Tuesday. Sundaram Home Finance is a subsidiary of Sundaram Finance Ltd. The company currently operates over 50 branches in Tamil Nadu and Andhra Pradesh within the Emerging Business segment, having disbursed Rs 200 crore in this category last year. The Emerging…

Housing FinanceLatest Stories

Grihum Housing Finance to Appoint Ex-Citi Banker as CEO

MUMBAI: TPG-backed mortgage lender Grihum Housing Finance is preparing to appoint Arjun Chowdhry, a former Citibanker, as its new Managing Director and CEO, according to insider sources. He is anticipated to join the firm next month. Chowdhry, who has over two years of experience as the head of retail lending and credit cards at Axis Bank, resigned last month to embark on an entrepreneurial journey. “TPG and the board believe Arjun’s expertise in underwriting credit card customers will greatly benefit strategies aimed at low-income clients, often perceived as higher risk,” noted a knowledgeable official. Messages sent to Chowdhry and Grihum…

Housing FinanceLatest Stories

Altum Credo secures ₹170 crore from British International Investment

NEW DELHI: British International Investment (BII) has invested ₹170 crore in Altum Credo Home Finance, a company focused on affordable housing finance. This funding will enable Altum Credo to expand its operations in its current regions within India and to bolster its IT infrastructure, enhancing operational efficiency, customer experience, and digital service delivery. The firm primarily addresses the home finance needs of first-time buyers from low-income groups, boasting assets under management (AUM) exceeding ₹1,000 crore. Published On Aug 25, 2025 at 09:45 AM IST Join a community of over 2 million industry professionals. Subscribe to our newsletter for the latest…