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

Carlyle Plans to Sell Remaining Stake in PNB Housing

MUMBAI: Carlyle Group, a US-based private equity firm, is planning to divest its remaining stake in PNB Housing Finance through a block trade valued at $308 million (₹2,604 crore) set for Friday, as outlined in a term sheet from IIFL Capital. The sale will be conducted through Quality Investment Holdings, a Carlyle affiliate, which is putting up its full holding of 27.1 million shares, constituting a 10.44% stake in the mortgage company. The established floor price for this transaction is ₹960 per share, reflecting a 5% discount to PNB Housing’s April 30 closing price of ₹1,010.20 on the National Stock…

Housing FinanceLatest Stories

Carlyle Group Sells 10.44% Stake in PNB Housing for ₹2,712 Cr

NEW DELHI: Carlyle Group, a global investment firm, has fully exited its stake in PNB Housing Finance by selling its 10.44% ownership for Rs 2,712 crore through open market transactions on Friday. The US-based Carlyle Group, via its affiliate Quality Investment Holdings PCC, sold over 2.71 crore shares of PNB Housing Finance on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Quality Investment Holdings PCC sold over 1.73 crore shares on the NSE while the Carlyle arm disposed of 98.07 lakh shares in eight separate transactions on the BSE. The average price for these transactions was Rs…

Housing FinanceLatest Stories

NHB Anticipates RMBS Firms to Raise ₹10,000 Cr in FY26

Sure! Here’s a rewritten version of the content: Representative image MUMBAI: The country’s first-ever residential mortgage-backed securities were listed on Monday. The housing finance regulator, NHB, anticipates that firms will raise over Rs 10,000 crore through this method in the current fiscal year. The National Housing Bank-backed RMBS Development Company (RDCL) listed its inaugural set of securities worth Rs 1,000 crore, maturing in 20 years with a 7.26% monthly coupon, on the NSE. NHB’s Managing Director and CEO, Sanjay Shukla, stated that he anticipates up to 10 additional transactions this fiscal year, which will allow lenders to raise between Rs…

Housing FinanceLatest Stories

Bank of Baroda Slashes Home Loan Rates by 40 bps for New Borrowers

Bank of Baroda has cut its home loan interest rates by 40 basis points for new applicants. The starting rate is now 8.00% per annum, down from the previous 8.40%. The adjusted rates, which depend on a borrower’s credit score, are available for new home loans and home improvement loans. Loans of ₹15 lakh and higher qualify for the updated rates, as announced in the bank’s press release. Additionally, the bank is providing a 0.05% per annum concession for female borrowers and a 0.10% reduction for those under 40 years old on new properties and home loan transfers. The bank…

Housing FinanceLatest Stories

Sundaram Home Finance to raise ₹6,000 crore in FY26

Representative image CHENNAI: Sundaram Home Finance has announced its intention to raise over Rs 6,000 crore to enhance its growth in the current financial year. The funding will be achieved through various means including refinancing from NHB, bank loans, debentures, and fixed deposits, as stated by an official. Sundaram Home Finance reported a 26% increase in net profit for the January-March 2025 quarter, reaching Rs 71.57 crore compared to Rs 56.80 crore in the same quarter of the previous financial year. Disbursements in the reviewed quarter amounted to Rs 1,929 crore, up from Rs 1,469 crore in the previous year’s…

Housing FinanceLatest Stories

Aptus Value Housing Finance Q4 FY25 Profit at Rs 207.02 Crore

CHENNAI: Aptus Value Housing Finance India Ltd, a home loan company, reported a consolidated profit of ₹207.02 crore for the January-March 2025 quarter, reflecting an increase from ₹164.03 crore during the same period last year. For the financial year ending March 31, 2025, profit rose to ₹751.24 crore, up from ₹611.89 crore in the previous year. “I am pleased to announce that FY25 has been a successful year for Aptus, characterized by significant progress and robust growth in Assets Under Management (AUM),” commented Managing Director P Balaji. “During FY2025, we expanded our footprint by opening 38 new branches, boosting our…

Housing FinanceLatest Stories

Aadhar Housing Finance’s Q4 FY25 Profit Jumps 21% to Rs 245 Crore

NEW DELHI: Aadhar Housing Finance announced a 21% increase in net profit to Rs 245 crore for the fourth quarter of 2024-25, compared to Rs 202 crore in the same quarter the previous year. The company’s total income for the quarter rose to Rs 834 crore, up from Rs 692 crore in the same period last year, as stated in a regulatory filing. Interest income also saw a rise, climbing to Rs 722 crore from Rs 596 crore a year earlier. Total expenses increased to Rs 517 crore, compared to Rs 433 crore the previous year. Gross non-performing assets fell…

Housing FinanceLatest Stories

Star Housing Finance’s FY25 Profit Up 25%

Representative image MUMBAI: Star Housing Finance Limited (Star HFL), a BSE listed company focused on affordable home financing across various states, has reported significant annual financial results showcasing growth in assets under management (AUM) and stable asset quality. For the fiscal year ending March 31, 2025, Star HFL reported a total revenue of Rs. 94.96 crores, reflecting an impressive 54.06% year-on-year growth. Profit after tax (PAT) increased by 25%, reaching Rs. 11.10 crores, up from Rs. 8.88 crores in FY2023-24. In the fourth quarter of FY2024-25, the company achieved total revenue of Rs. 27.89 crores and PAT of Rs. 2.93…

Housing FinanceLatest Stories

LIC Housing Finance Q4 FY25 Net Profit Soars 25% to ₹1,368 Cr

NEW DELHI: LIC Housing Finance announced a 25.4% increase in net profit, reaching Rs 1,368 crore for the fourth quarter ending March 2025, compared to Rs 1,091 crore in the same quarter of the previous fiscal year. The company reported total income of Rs 7,283 crore for the March quarter of FY25, an increase from Rs 6,937 crore in the corresponding quarter of FY24. For the fiscal year 2024-25, the net profit increased by 14% to Rs 5,429 crore, up from Rs 4,765 crore in FY24. LIC Housing Finance shares closed at Rs 624.90, gaining 1.31% from the previous close…

Housing FinanceLatest Stories

35% Drop in Home Loan Borrowers, Avg Mortgage Rises in Gujarat

AHMEDABAD: Gujarat’s housing finance landscape is revealing an interesting trend — while the total amount of loans being disbursed is increasing, the number of borrowers is on the decline. In FY 2025, the total housing finance in the state rose by 8.9%, reaching Rs 58,399 crore, up from Rs 53,590 crore in FY 2024. Conversely, the number of loan accounts plummeted by over 35%, from 6.9 lakh to just 4.46 lakh, according to the State Level Bankers’ Committee (SLBC) – Gujarat. The figures indicate a shift: fewer individuals are purchasing homes, yet those who do are borrowing larger amounts. The…