HDFC launches its operation in London, UK

HDFC BankIndians in England can now look forward to owning a piece of their motherland. In an endeavour to facilitate the Indians in England acquire property in India, Housing Development Finance Corporation Limited (HDFC) has launched its operations in London. It will provide advisory services on housing finance and property acquisition in India.

HDFC’s office will be located at 403, 1 Northumberland Avenue Trafalgar Square, London WC2N 5BW.

Commenting on this occasion Mr Keki Mistry, Managing Director, HDFC 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 us an excellent strategic position in assisting Indians in owning a property in their home land.?

Ms. Renu Sud Karnad, Executive Director, HDFC 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.?

HDFC, set up in 1977, is India’s premier housing mortgage company, which has turned the dream of owning a home into a reality for millions of Indians. It defined standards in the housing sector, be it in processes, service or product innovations and has grown to provide not just finance but also complete solution to the customers’ housing requirements.

Its strength has been its pioneering value-added services, with a specialist team of trained staff that empathises with customers and offers free counselling and legal assistance for a variety of individual housing needs, while ensuring that customer interests are protected.

Source: Moneycontrol.com

 

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8 Responses to “HDFC launches its operation in London, UK”


  1. 1 GANESH Nov 17th, 2006 at 12:52 pm

    Hi,

    Do u provide a NRI (like opening of NRI a/c) services from this branch.

    Regards

  2. 2 jitendra patel Dec 29th, 2006 at 10:58 am

    hi i am very happy because hdfc now in uk

    and what about hdfc bank because i got 3 year exp. in banking in hdfcbnak in india

    thnks
    jitendra

  3. 3 dhiraj Jan 30th, 2007 at 10:44 am

    can I deposit money here in london, if I have opened a NRE account in india.
    PLz reply

    Thanks

    Dhiraj

  4. 4 harish Apr 23rd, 2007 at 9:49 am

    Does HDFC provide property search services in India for NRIs in UK?

  5. 5 Pankaj Apr 26th, 2007 at 8:39 am

    HI,

    I have already taken out a NRI Home Loan from HDFC, India.

    Can I,
    a) Make EMI (Equated Monthly Installments) locally (London) rather than having to send money in my NRE A/c first ?

    b) Can take out Mortgage with HDFC, London to buy a property in U.K. ?

    thanks
    Pan

  6. 6 Bhavi Patel Nov 14th, 2007 at 12:25 am

    Hello!

    I am very happy to know that HDFC Ltd is know in London. I was working with HDFC Ltd at Surat branch for 1 year.If in a way i can be part of this firm i ll be really glad.

    Bhavi

  7. 7 mubashara May 4th, 2008 at 3:16 am

    hi i have got a housing loan in india ahmedabad , can i pay the emi here in uk please reply ASAP

    thanks

    mubashara

  8. 8 Jatinder Kainth Jul 8th, 2008 at 6:31 am

    i am very happy to learn that HDFC is coming too London should be good for business, look forward to it

    Excellent

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