Star Housing Finance Ltd. (Star HFL) has strengthened its presence in the Mumbai region by inaugurating a new office in Vashi. This strategic move aligns with their mission to provide credit access to first-time homebuyers offering long-term housing finance solutions for affordable housing purchases. The Vashi branch, staffed by a team of housing finance experts will serve areas including Panvel, Belapur, Airoli, Ulwe, Taloja and Dronagiri. Star HFL aims to further expand its physical presence in key locations across the Mumbai region recognizing the diverse micro markets within this vast territory and the growing demand for housing solutions.
Star Housing Finance Limited, a BSE-listed company, specializes in providing rural-focused housing finance, primarily targeting affordable housing. Their mission is to help first-time homebuyers from the Economic Weaker Section and Low-Income Group achieve their dream of homeownership through simplified processes.
Since September 2009, Star HFL has been dedicated to offering housing finance solutions to customers in semi-urban and rural areas, making homeownership accessible. The company is led by a seasoned team of housing finance professionals with extensive regional and national experience.
Star HFL offers retail home loans of up to INR 25 lakhs, in compliance with Priority Sector Lending Norms and PMAY guidelines. The company's headquarters are situated in Mumbai, Maharashtra. Expanding its presence in the Mumbai region, Star Housing Finance Ltd. (Star HFL) has recently inaugurated a new branch in Vashi. This branch will be staffed by a team of housing finance experts well-acquainted with the Mumbai and neighboring areas.
This move perfectly aligns with Star HFL's core mission of providing credit access to first-time homebuyers. Their goal is to offer long-term housing finance solutions that enable individuals to purchase affordable housing units. Krishna Thorat, the Regional Director for the Mumbai Region at Star HFL confirmed that the Vashi branch is just one of several physical offices the company plans to establish in the Mumbai region. The Vashi branch will serve the surrounding areas, including Panvel, Belapur, Airoli, Ulwe, Taloja, and Dronagiri.
Sandeep Kadam, the Chief Business Officer of Star HFL also shared his views, stating that the Mumbai region is vast, encompassing micro markets that include semi-urban and quasi-rural areas. Therefore, it makes strategic sense for Star HFL to establish a physical presence in key locations. Star HFL's new Vashi office underscores their dedication to meeting the housing finance needs of the Mumbai region, especially in areas with thriving real estate markets and ambitious homebuyers.
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