DHFL eyes 25% rise in home loans disbursals

DHFL Home Loans
Country's renowned housing finance company, DHFL, is expecting steady growth in its loan book size in Kerala in the next three years, during which it is visualizing over 25% surge in home loan disbursement in Kerala with the implementation of the 'Housing for All by 2022' and Smart City projects. In addition, it also expects Kochi market to witness growth of 30% in its loan book disbursements. DHFL has registered a growth rate of about 20% in loan disbursement in Kerala during the nine month period of 2016-17 in comparison with the corresponding period of the last financial year. Southern home loan market contributes 22% to the DHFL's home loan book. In view of this, it is also expanding its deposit portfolio in the southern region which currently stands at Rs. 1,296-cr contributing 20% of the company's deposit portfolio which stands close to Rs. 6,525-cr as on December 31, 2016, claimed official sources.