Star Housing Finance Ltd opens new branch in Kanchipuram

Star Housing Finance Limited (Star HFL) (BSE Scrip code: 539017), a semi urban and rural focused HFC has expanded its presence in Tamil Nadu through inauguration of its new branch premises in Kanchipuram.

The branch is situated at 89A, 2nd floor, SG Complex, SVN Pillai Street, Kanchipuram - 631502 and is headed by Mr. Dinakaran, an HFC professional with strong local domain. The office would operate in line with philosophy of providing housing finance assistance to prospective home buyers in adjoining semi urban and rural geographies.

Mr. Rajesh Gopinath, Regional Head, Tamil Nadu was present at the inauguration and expressed confidence to scale up the operations through this office. He said that the branch looks forward to cater to 200 customers in first six months of business operations and should then be ready to expand through spokes around the Kanchipuram hub.

Mr. Kalpesh Dave, CEO, said, "Tamil Nadu is an important market for Star HFL. We have a strong team across functions who have requisite experience and understand the subtle nuances of prospective borrowers and property characteristics in the State. We are committed to expand our presence in Tamil Nadu and the state should increase its overall share in the total business of the Company as we build up the presence. Congratulations to Rajesh and team and wish them the very best."

Source : Equity Bulls

Keywords

StarHousingFinance Expansion TamilNadu Kanchipuram NewBranch