After entrenching well in the wholesale realty and infra finance business, Piramal Enterprises announced its plans to enter the retail housing finance business. Piramal Finance, its wholly owned subsidiary, is all set to approach the National Housing Bank (NHB) for incorporating a housing finance company (HFC) as its subsidiary. With a current overall loan book of over Rs.19,170cr, Piramal Finance has been present in the wholesale finance business for long, catering to the financing needs of developers across residential and commercial real estate projects. It provides early stage equity until later stage debt, construction finance for residential and mezzanine and structured debt as well as lease rental discounting for commercial projects. It also caters to the non-real estate sectors like operating infrastructure, said an official spokesperson.