Housing Finance Startup, Khush Housing Finance, provider of House Loan to economically weaker sections and urban poor in India, has opened its first office in the state of Gujarat at Ahmedabad.
“Gujarat is the state that set the narrative of growth and development in the country. Being a dynamic and industrious society, the state has a host of youngsters aspiring to become first-time homeowners” said Amit Magia, CEO & Managing Director, Khush Housing Finance Pvt Limited. It had been allotted a certificate of registration from National Housing Bank, (A subsidiary of RBI) in October 2015.
Its target customers are people with low to medium income group. KHFL also helps in availing subsidy from central government under their scheme- Pradhan Mantri Awas Yojana, where in it gives credit Linked Interest Subsidy. wherein the subsidy pay-out would be Approximately Rs. 2.20 lakh per house for both the categories ie. Low Income Group and Economically Weaker Sections subject to the eligibility criteria.
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