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Religare Housing Development Finance Corporation Ltd (RHDFC) has entered the southern markets, opening eight offices in various States in recent months, Deepak Joshi, President and Chief Business Officer, said.
The housing finance company, a subsidiary of Delhi-headquartered Religare Finvest, is almost entirely focused on “affordable housing” and would focus on this segment even in the southern States, he told BusinessLine here. It has started operating in Tamil Nadu, Karnataka and Telangana. Joshi sees tremendous potential for “affordable housing” in the South. The Centre must declare infrastructure status for affordable housing or provide it with more tax breaks to push the segment, if Prime Minister Narendra Modi’s vision of “Housing for All” is to be realised by 2022, he added.
RHDFC currently provides homehome improvement and home extension loans, and self-construction loans.
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