India, February 16, 2015: Indiabulls Housing Finance Ltd.(IBHFL), India’s second largest private Housing Finance Company is expanding its overseas presence, with the inauguration of its first branch in Dubai. The Company already operates a similar Representative Office in London, which caters to Indian expatriate community in UK.
Mr. Gagan Banga, Vice Chairman & MD, IBHFL & Mr. Sachin Chaudhary, Business Head, IBHFL inaugurated the new branch located at Centurion Star, Port Saeed, Opposite Deira City Centre, Dubai, on 16th February 2015.
Speaking on the occasion, Mr. Gagan Banga (Vice Chairman & MD, Indiabulls Housing Finance Limited) said, “Dubai is an important market for us with a sizable NRI and PIO population. IBHFL is one of the few financial institutions, including banks, to have been granted a full Representative Office License by the Central Bank of UAE. This is a significant step forward in our quest to scale up our international footprint to serve the mass affluent Indian Diaspora in the Gulf region. The company leverages on its strong network with builders across the country to offer an array of options to the NRIs in these countries and provide one stop solution to their housing needs in India.”
The IBHFL Advantage:
IBHFL has a vast network of over 214 well appointed and accessible walk-in branches in more than 100 plus towns and cities across India with a well trained staff to offer personalized assistance, right from the initial process of applying for a loan to the time they take possession of their property.
Additionally as a part of its commitment to help customers / NRI’s & PIO’s own a home with ease, The company has taken initiatives to reach out to the builder fraternity whereby its in-house legal and technical team with due diligence have pre approved more than 3000 projects across India. For the NRI’s this not only facilitates them to avail faster loans but also allows them to buy trusted properties.
The company has fulfilled the dreams and aspirations of over 6 lakh happy households and it wishes to serve the NRIs and PIOs in Dubai with the same passion and commitment.