MHFC on Facebook

Please do visit (and LIKE !) the new MHFC page on Facebook - link below

MHFC Facebook Page

Tata Housing New Haven Compact - Ahmedabad

Tata Housing launches its next phase in its affordable housing project in Ahmedabad - called New Haven Compact - for info, prices start at 12.4 lakhs for a 1 BHK home.

For detailed info, see company's website:
New Haven Compact - Tata Housing link

This is an automatically approved project for MHFC - and we will finance buyers from our segment (subject to our terms and conditions). For more details, please see MHFC website or call our officer in Ahmedabad - Atul Vaishyak on 9067336929 - or email us on contact@mhfcindia.com

CARE credit rating to MHFC - "BBB" for 50 cr long term debt

see link below to CARE's credit rating of MHFC
CARE Press Release

Tata Housing raises prices by 26% in 5 months

see link to article below re Phase II of Tata Housing project in Ahmedabad

Tata Housing article

ECBs for Housing Finance Companies

announcement re liberalising norms for External Commercial Borrowings ("ECBs") - see links to articles below - it seems that HFCs will be permitted to raise ECBs to finance low income housing projects.

Business Today article

Mint article