Indiabulls Housing Finance: Opens New Service Centre in Porur, Chennai..!

aIBHFL, India’s 3rd largest HFC, inaugurated its new Service Centre in Porur, Opp Ramachandra Hospital, Chennai.
 aIBHFL’s new service centre lies on the 100 feet road connecting to Poonamallee & Porur in Chennai.
aThis centre will facilitate customers staying in various vicinities like Sriperumbudur, Oragadam, Poonamallee, St. Thomas mount & Tiruvallur.
aThe company now has its presence at T. Nagar, Velachery, Anna Nagar (All in Chennai) & Coimbatore in Tamilnadu.

With an aim of providing the house buyers of Chennai an easy access to its housing loan products, Indiabulls Housing Finance Ltd (IBHFL), India’s 3rd largest Housing Finance Company (HFC), inaugurated its new Service Centre in Porur, Opp Ramachandra Hospital, Chennai recently.



The IBHFL’s move is in line with its objective of extending its presence in Northwest Chennai. IBHFL’s new service centre lies on the 100 feet road connecting to Poonamallee & Porur in Chennai. It also has 48 hours approve facility for its customers, focusing on the middle class home loan seekers. This centre will facilitate customers staying in various vicinities like Sriperumbudur, Oragadam, Poonamallee, St. Thomas mount & Tiruvallur. The company now has its presence at T. Nagar, Velachery, Anna Nagar (All in Chennai) and Coimbatore.

Mr. Sachin Chaudhary, Business Head - Mortgages, IBHFL, said, “We are extremely pleased to open our new Service Centre at Chennai. The new office will provide all the required assistance to prospective house buyers & guide them at every step of buying their dream house.”

Along with competitive interest rates & processing fees, the company extends attractive offers on acquiring housing loans.

Indiabulls Home Loans.. offered by Indiabulls Housing Finance Ltd. is emerging as the preferred brand in housing finance in India today. Indiabulls Home Loans provides assistance to house buyers at every step to ensure that buying a home becomes a happy & hassle-free experience. Along with competitive rates & schemes, the company offers multiple incentives of acquiring a hosuing loan. It guides house buyers in all aspects of home buying, such as selecting a suitable property, checking approvals of the project, filing documents, registration of the property, choosing the EMI (Equiated Monthly Instalment) and tenure of the loan to accommodate financial resources, and much more.

IBHFL’s consolidated total revenues for the year ended March 31, 2013 stood at Rs. 4778 Crores as against Rs. 3828 Crores for the last year, registering a growth of 24.82  %.

Loan book has grown to Rs. 34,425 Cr at the end of FY 2012-13, a growth of 25% over the loan book at the end of FY 2011-12 of Rs. 27,521,Cr. CRAR of 18.47 % will enable company to continue to sustain its growth rate without any dilution in the near term. Gross and Net NPAs have remained stable at 0.79 % and 0.33 % respectively at the end of FY12- 13

IBHFL provides quick, convenient & competitively priced home loans to both salaried and self employed segments. It has over 3,000 approved projects and a sales team of over 2,000 dedicated and trained employees. IBHFL has so far assisted nearly one lakh customers to own a home of their own and has a pan-India presence with above 200 branches spread across the country.

Apart from offering its services in the metro regions of the country, IBHFL places special emphasis on providing services to tier II and three III towns as well.

About Indiabulls..!

Indiabulls Group is one of the India's leading business houses with business interests in Power, Financial Services, Real Estate and Infrastructure. Indiabulls Group companies are listed in Indian & overseas financial markets. The Total Net worth of the Group is Rs. 19,502 Crore.

Indiabulls Housing Finance Ltd; (IBHFL) is India’s third largest Housing Finance Company (HFC). The firm is registered as a Housing Finance Company (HFC) and is regulated by the National Housing Bank (NHB). IBHFL is a leading HFC in India, providing quick, convenient and competitively priced home loans to both salaried and self employed segments. It has over 4,000 approved projects and a sales team of more than 2,000 dedicated and trained employees.

For Further details kindly Contact:

Nasreen Shaikh,
Manager, Corporate Communications & PR – Indiabulls Group,
Tel : 022 - 61891530
Mail: nasreen.s@indiabulls.com; mediaquery@indiabulls.com

U.Christopher Charles, Mob: 98424 75706 Email: chennaiconceptpr@gmail.com

R.Vellaichamy, Mob: 98845 52209, Concept PR.
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