India´s largest consumer goods company Hindustan Unilever has sold its erstwhile headquarters Lever House at Churchgate in south Mumbai to its current tenant, Housing Development Finance Corporation, for around Rs 300 crore.
Tag: Housing Development Finance Corporation
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HDFC, ICICI banks up interest rates
Loan rates by Housing Development Finance Corporation (HDFC) and ICICI Bank have risen. On August 22, the two major private banks announced an increase in their lending rates. HDFC has decided to raise its retail prime lending rate, on which its adjustable rate home loans are benchmarked, by 25 basis points to 16.65 per cent from August 23.
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Net profit of HDFC rises 17%
Net profit of the Housing Development Finance Corporation (HDFC) rose 17.27 per cent to Rs 1,555 crore during Jan-Mar 2013 quarter on a standalone basis. The financial institution attributes the growth in profit to rising loan book and maintaining of margins. Net interest margin of the company was 4.2 per cent while the spread was 2.3 per
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Assam attracts real estate biz, Guwahati holds property show
Assam is emerging fast as an investment hotspot. Recently, a two-day property fair was organised by Housing Development Finance Corporation (HDFC) with an aim to bring real estate leaders and customers under one roof in Guwahati.