Piramal Capital & Housing Finance to expands to Gujarat
Piramal Capital & Housing Finance (PCHFL), the wholly-owned subsidiary of Piramal Enterprises, plans to expand its housing finance business in Gujarat in the next 6-8 months. A company press release said it  has recently entered Ahmedabad and plans to expand…

Piramal Capital & Housing Finance (PCHFL), the wholly-owned subsidiary of Piramal Enterprises, plans to expand its housing finance business in Gujarat in the next 6-8 months.

A company press release said it  has recently entered Ahmedabad and plans to expand its presence in cities like Surat, Rajkot and Vadodara by 2019.

“Gujarat is an important growth market for us given its Smart City and infrastructure development plans. We are excited to partner with developers in Gujarat to bolster their business as we enter more cities in the coming months,” said Managing Director Khushru Jijina.

It will offer home loans, loan against property and construction finance in the Ahmedabad market.

PCHFL currently has presence in Mumbai, New Delhi, Pune, Bengaluru and Nashik. Apart from Gujarat, it also plans to expand its presence in Chennai, Hyderabad, Jaipur, Nagpur, Navi Mumbai and Indore in the next 6-9 months.

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