Star Housing Finance Limited (Star HFL) (BSE Scrip code: 539017), a rural focused HFC has inaugurated its new branch in Mahad at Shop no 3, Nakshatra Apartments, Prabhat Colony, Mahad, Raigad 402301. Opening of this branch is in-line with the company's strategy to widen its distribution footprint and business presence in semi-urban and rural geographies across India.
Speaking on the occasion, Mr. Kalpesh Dave, Head - Corporate Planning & Strategy at Star HFL said "With the use of technology and physical touchpoints, we at Star HFL always strive to provide right amount of credit to right customers at the right time. This is an effort to maintain and grow the ties we already have with customers in Mahad and nearby geographies."
Star HFL views Maharashtra as a strong residential market particularly in terms of affordable housing with favourable demographics and increased affordability especially in semi urban areas. Star HFL further plans to expand in the state to meet the growing demand for housing across various districts.