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

Home loans surge nearly 4x to ₹37 lakh crore by March 2025

NEW DELHI: According to the Economic Survey 2025-26, housing finance has seen a significant expansion, with outstanding individual home loans increasing nearly fourfold to ₹37 lakh crore by the end of March 2025. The share of home loans in relation to GDP grew from 8% in 2015 to 11% in 2024-25, indicating robust growth in this sector. Post-COVID, housing sales have surged, further driving demand for home loans. The report states, “The ‘real estate and ownership of dwellings’ sector has contributed approximately 7% to annual GVA on average over the past decade, underscoring its critical role in services-led growth and…

Housing FinanceLatest Stories

Easy Home Finance Raises $30M from Investcorp, Claypond, SMBC

Mumbai-based Easy Home Finance has raised $30 million in a funding round led by global asset management firm Investcorp. Existing investors, including Ranjan Pai’s Claypond Capital and SMBC Asia Fund, also participated. This investment brings the total funding to $80 million. In an interview with RealtyDailyNews, founder Rohit Chokhani stated that the funds will mainly be used to expand their loan offerings and strengthen their presence in smaller towns. “Currently, we operate in 14 states and 106 cities. Our goal is to penetrate deeper into smaller towns with populations exceeding 500,000,” Chokhani stated. Easy Home Finance not only manages its…

Housing FinanceLatest Stories

Roha Group Secures ₹400 Crore from Private Credit Investors

Roha Housing Finance, a subsidiary of Roha Group, has successfully raised ₹400 crore from alternative credit investors via a structured private credit transaction involving a promoter-owned vehicle. Key participants included ICICI Prudential Corporate Credit Opportunities Fund, Nippon India Credit Opportunities Fund, and ASK Alternate Private Credit Fund. The capital will be utilized to bolster Roha Housing Finance, increasing its assets under management from approximately ₹1,250 crore to around ₹5,000 crore in the coming years, as per sources. The funds are being raised through Compulsory Convertible Debentures (CCDs) and Compulsory Convertible Preference Shares (CCPS), which serve to strengthen capital at the…

Housing FinanceLatest Stories

PNB Housing Finance Q3 FY26 Net Profit Rises 7.71%

NEW DELHI: PNB Housing Finance has reported a net consolidated profit growth of 7.71% for the quarter ending December 31, 2025. The profit after tax reached ₹520.55 crore in Q3 FY26, up from ₹483.27 crore in the same quarter of the previous financial year, as stated in a BSE filing. The net consolidated total income for Q3 FY26 stood at ₹2,120.66 crore, reflecting a 9.14% increase from ₹1,943.11 crore recorded during the same period last year. As of December 31, 2025, the company’s net worth was ₹18,502.28 crore. The debt-equity ratio was 3.63, total debts to total assets ratio stood…

Housing FinanceLatest Stories

RBI Urges NBFCs, HFCs to Uphold Underwriting Standards

Sure! Here’s a rewritten version of the content you provided: MUMBAI: On Monday, Reserve Bank Governor Sanjay Malhotra emphasized the necessity for robust underwriting standards and meticulous asset quality monitoring during a meeting with senior officials from selected non-banking financial companies (NBFCs). This engagement is part of the Reserve Bank’s ongoing dialogue with regulated entities. The Governor convened with managing directors and chief executive officers (MDs and CEOs) of various NBFCs, including government-backed firms, housing finance companies (HFCs), and microfinance institutions. In his opening remarks, the Governor acknowledged the vital role NBFCs and HFCs play in promoting credit flow. He…

Housing FinanceLatest Stories

NHB Flags PMAY 2.0 Disbursal Delay, Urges Finance Firms to Act

MUMBAI: The National Housing Bank (NHB) is advocating for increased adoption of PMAY 2.0, highlighting slower-than-anticipated disbursements in the interest subsidy scheme, as per sources involved in discussions with home financiers and regulators. In a recent meeting with chief executives of major housing finance companies (HFCs), the NHB leader expressed concerns that disbursements were “not meeting expectations” and encouraged lenders to intensify their focus on the program, according to officials who participated in the discussions. “The goal is to significantly enhance PMAY 2.0, yet the disbursement pace has been underwhelming,” remarked an official with insight into the matter. “The regulator…

Housing FinanceLatest Stories

Aviom India Housing Finance Promoter Presents Full Settlement Plan

Representative AI image KOLKATA | MUMBAI: The promoter of Aviom India Housing Finance is currently in bankruptcy proceedings and has submitted a revised repayment proposal. This development follows Unity Small Finance Bank winning the bidding for Axiom in a challenge auction. Promoter Kajal Ilmi indicates that the offer includes an upfront payment of ₹554 crore, with the remainder (60% of the owed amount) to be settled over the next 28 months. This upfront payment consists of ₹360 crore in cash available on the company’s books. Aviom India’s administrator, Ram Kumar, has not responded to emailed inquiries and has acknowledged 60…

Housing FinanceLatest Stories

Unity Small Finance Bank Wins Auction for Aviom India Housing

MUMBAI: Unity Small Finance Bank has successfully bid for the bankrupt Aviom India Housing Finance, offering an upfront payment of ₹977.5 crore, according to sources familiar with the matter. Initially, six companies expressed interest in acquiring Aviom India Housing Finance under the National Company Law Tribunal (NCLT) process, with three ultimately participating in the auction held last week. Areion, a fund backed by Omkara Asset Reconstruction Company, and Authum Investment and Infrastructure were the other two bidders in the auction conducted by Ram Kumar, the RBI-appointed administrator and former general manager of Punjab National Bank. “The bidding involved 13 rounds,…

Housing FinanceLatest Stories

LIC Housing Finance cuts new home loan rates to 7.15%

NEW DELHI: LIC Housing Finance Ltd announced on Monday that it has lowered its interest rate on new home loans to 7.15 percent. The new rates will take effect from December 22, 2025, with interest starting at 7.15 percent for newly sanctioned home loans. This decision comes as homebuyers continue to cautiously evaluate their purchasing choices, and the reduction is anticipated to enhance homebuyer sentiment. LIC Housing Finance aims to make home ownership more accessible with this initiative. This reduction follows the Reserve Bank of India’s Monetary Policy Committee’s recent 25 basis points repo rate cut. Published On Dec 22,…

Housing FinanceLatest Stories

IFC to Invest ₹300 Crore in Grihum Housing’s RMBS

NEW DELHI: The International Finance Corporation (IFC) aims to enhance homeownership among low- and middle-income families by investing up to ₹300 crore (approximately USD 30 million) in Residential Mortgage-Backed Securities (RMBS) issued by Grihum Housing Finance, a company specializing in affordable housing finance. This issuance aims to stimulate private capital for affordable mortgage lending and develop India’s RMBS market, according to a statement released by the IFC, an entity of the World Bank Group, on Friday. RMBS instruments are securities backed by collections of retail residential mortgages. They enable housing finance providers to transform loan cash flows into tradable securities,…