Harshil Mehta of DHFL believes the guidelines may also get
extended for middle income group (MIG) which costs around
Rs 12-15 lakh in tier-2 and tier-3 cities.
Giving a boost to affordable housing, the Reserve Bank of India (RBI) eased norms last
week for home loans of up to Rs 10 lakh. CNBC-TV18 spoke with Harshil Mehta, CEO,
DHFL to know the positives of this announcement for his company and the industry.
According to Mehta, the new RBI guideline will largely benefit the economically weaker
sections (EWS) or the low income group (LIG) segment where the stamp duty registratio is
anywhere between 12 -16 percent of the cost of unit which was earlier excluded from
calculating the loan eligibility. Mehta believes the guidelines may also get extended for
middle income group (MIG) which costs around Rs 12-15 lakh in tier-2 and tier-3 cities.
Dewan Housing stock price On March 11, 2015, Dewan Housing Finance Corporation closed at
Rs 497.05, down Rs 23.25, or 4.47 percent. The 52-week high of the share was Rs 569.70 and the 52-
week low was Rs 211.00.
The company's trailing 12-month (TTM) EPS was at Rs 41.20 per share as per the quarter ended
December 2014. The
stock's price-to-earnings (P/E) ratio was 12.06. The latest book value of the company is Rs 246.59 per
share. At current value, the price-to-book value of the company is 2.02.
extended for middle income group (MIG) which costs around
Rs 12-15 lakh in tier-2 and tier-3 cities.
Giving a boost to affordable housing, the Reserve Bank of India (RBI) eased norms last
week for home loans of up to Rs 10 lakh. CNBC-TV18 spoke with Harshil Mehta, CEO,
DHFL to know the positives of this announcement for his company and the industry.
According to Mehta, the new RBI guideline will largely benefit the economically weaker
sections (EWS) or the low income group (LIG) segment where the stamp duty registratio is
anywhere between 12 -16 percent of the cost of unit which was earlier excluded from
calculating the loan eligibility. Mehta believes the guidelines may also get extended for
middle income group (MIG) which costs around Rs 12-15 lakh in tier-2 and tier-3 cities.
Dewan Housing stock price On March 11, 2015, Dewan Housing Finance Corporation closed at
Rs 497.05, down Rs 23.25, or 4.47 percent. The 52-week high of the share was Rs 569.70 and the 52-
week low was Rs 211.00.
The company's trailing 12-month (TTM) EPS was at Rs 41.20 per share as per the quarter ended
December 2014. The
stock's price-to-earnings (P/E) ratio was 12.06. The latest book value of the company is Rs 246.59 per
share. At current value, the price-to-book value of the company is 2.02.
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