HDFC launches its operations in London, UK

Housing Development Finance Corporation Ltd (HDFC) has announced that Indians in England can now look forward to owning to a piece of the motherland. In an endeavour to facilitate the Indians in England acquire property in India. The Company has launched its operations in London. It will provide advisory services on housing finance and property acquisition in India. The Company’s office will be located at London.

Commenting on this occasion Mr Keki Mistry, Managing Director, of the Company said, "The buoyancy in Indian economy, coupled with the recent Real-Estate boom is attracting a large number of Indian's abroad to invest in a property in India. It is estimated that the total Asian Population in the UK is around 3.5% of which over 1.8% are Indians, with London having the largest concentration. This new office will provide the us an excellent strategic position in assisting Indians in own a property in their home Land."

Ms Renu Sud Karnad, Executive Director, of the Company added, "Our presence in UK comes at an appropriate time when Indian real-estate is on an upswing. With twenty-nine years of existence in the industry, HDFC has gained an in-depth knowledge of the real estate market, and the expertise to guide customers through their entire property buying process. Now Indians based here can avail of our services, whether it is assistance in property search, builder credibility evaluation, expert advice on the legal processes, technical evaluation of the property, or with their home loan requirements. Our endeavour is to empower customers to make a more informed decision while buying the property."

Source : Equity Bulls

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