Khush Housing Finance Private Limited (KHFL), a fast growing housing finance company seeking to empower house-owing aspirations of economically weaker sections and urban poor in India, yesterday opened its first office in the city.

This is the company’s eighth overall, and seventh Khush Center in the state of Maharashtra. As a part of company’s tradition, the very first customer from the city inaugurated the branch.

“We are proud to sustain the momentum,” said, Milind Gowardhane. “Nashik is a key city, full of aspiring first time home owners. We at KHFL believe in empowering aspirations and towards this we are working to realise the Prime Minister Narendra Modi’s vision of ‘Housing for All’.

We are dedicated to offer solutions to millions of Indians across cities to own their dream home by availing affordable housing finance, customised to their needs as well as their convenience.

We at KHFL are proud to set up our operations in the city and be a catalyst for positive change for the citizens going forward,” he added.

KHFL plans to set up 30 offices across the country in the next three years. “We are also looking to expand our presence in the other states by opening new offices in the coming months.

We are driven to at least create 1,000 new home owners across India by 31st March, 2017 and thereby firmly establish our credentials as a preferred partners to aspiring homeowners from the economically weaker sections in the country, as well as our lenders,” Milind Gowardhane further stated.

KHFL offers affordable housing finance solutions to economically weaker sections (EWS) and urban poor – usually ignored by the traditional banking institutions owing to lack of documentation, income proof, residential proof, etc.

It offers customised solutions to those aspiring homeowners by ascertaining their credit worthiness through employment of unconventional parameters without impairing the asset quality.

The company also signed a Memorandum of Understanding with National Housing Bank for Credit Link Subsidy Scheme under Pradhan Mantri Awas Yojana, to facilitate improved affordability to the customers.