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Dewan Housing Finance Corporation Limited

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Dewan Housing Finance Corporation Limited

  • One of India’s leading housing finance companies
  • Presence in 350 locations
  • Significant penetration in tier-I and tier-II towns
  • Focused on lower and middle income segment
  • ⦁ Total Assets Under Management (AUM) crossed Rs 1,06,475.25 crore (US$ 15.23 billion) in FY19 and reached Rs 92,653.19 crore (US$ 13.26 billion) in H1FY20

Dewan Housing Finance Corporation Limited was started in 1984 with a vision to provide homeownership to millions of Indian and ‘Giving India a Home’. The company is part of the Wadhawan Global Capital Group. Over the years, it has become one of the leading financial institutions in India. The company provides home loans, loans against property, small & medium enterprises (SME) loans and loans to real estate developers.

Its total consolidated income reached Rs 12,882.14 crore (US$ 1.85 billion) in FY19 and Rs 4,502.75 crore (US$ 644.26 million) in H1FY20.

 

Company Website: www.dhfl.com

DHFL – Changing Rules Changing Lives

2018 In December, DHFL announced that it will exit its mutual fund business completely
2017 Merger of Aadhar HFC & DHFL Vysya HFC
2015 Acquired 50 per cent stake in Pramerica AMC
2014 Acquired 50 per cent stake in DLF-Pramerica Life Insurance
2013 Established Avanse Financial Services
2011 Acquired First Blue HFC
2010 Established Aadhar HFC in collaboration with International Finance Corporation (IFC)
2003 Acquired DHFL Vysya HFC
1985 Initial Public Offer (IPO) of DHFL
1984 DHFL was established

 

Updated: May, 2019

Real Estate
Retail Estate sector witnessed an annual rise of 170 per cent, attracting US$ 1 billion in 2019.