LIC Housing Finance Limited’s Mega Property Fair, “UNGAL ILLAM” is back with more exciting offers for home buyers!!!
- The 22nd edition is being held on 16th & 17th of November 2019 at Rajah Muthiah Hall, Egmore, Chennai.
- This Mega Property Fair offers prospective property buyers choices from over 100 projects.
- Customers can avail spot loan sanctions and processing fee refund offers.
Chennai - Nov 16, 2019: The 22nd edition of LIC
Housing Finance Ltd’s Exclusive Mega Housing Property Fair, “UNGAL ILLAM 2019” is
being organized at Rajah Muthiah Hall, Egmore, Chennai on 16th & 17th of November 2019. The Fair is
inaugurated by Mr. Siddhartha Mohanty, Managing Director and CEO, LIC HFL today at 10:35
AM. The Title Sponsor
for this year’s edition is Nova Lifespace Pvt. Ltd. The Fair is an ideal
opportunity for home buyers to get exciting deals on numerous properties on
display.
 |
(L to R) N. Mahesh, Chief Manager (Marketing); Mr. Siddhartha Mohanty, MD & CEO,
LIC HFL; Udayakumar Navani, Regional Manager, Southern Region
|
Mr. Siddhartha Mohanty, MD & CEO,
LIC HFL: “UNGAL ILLAM, over the course
of two decades and more has become a marquee
Property Fair event in Chennai after a modest beginning in 1997 with 15
participants. It has gained wide
acceptance amongst Customers and Property Developers as one stop shop for
property needs. This year too, we have good participation from Developers.
Customers can find broad range of properties that suits their budget. On the loan
assistance front, customers can avail benefits like spot loan sanction and refund
of processing fee offers.”
This year’s Fair
has participation of more than 40 Builders / Developers who have on display
over 100 projects ranging from low budget to luxury category. The Fair brings
under one roof properties of varied ranges and financing options from LIC HFL.
LICHFL Officials at the Fair are providing on the spot guidance
regarding the technical aspects and loan eligibility to enable customers make
informed decisions. Customers can identify properties according to their
eligibility & budget and can avail spot loan sanctions. Customers’
opting for housing loans from LIC Housing Finance Ltd. can avail benefit of
full refund of processing fee provided the loan is applied before 30th November
2019 and disbursement is availed before
31st December 2019.
 |
Mr.
Siddhartha Mohanty, MD & CEO, LIC HFL inaugurating Exclusive Mega Housing Property
Fair, “UNGAL ILLAM 2019”
|
The Company’s home
loan interest rate starts at 8.35% onwards with maximum tenure of 30 years. Additionally,
eligible borrowers under Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme
(CLSS) can get subsidy of up to Rs.2.67 Lakhs on their Home Loans.
Southern Region of LIC HFL has around 19% of the loan book of the Company. The Southern
Region comprises states of Tamil Nadu, Puducherry and Kerala. It is represented
through a network of 49 Marketing
Offices and 5 Back Offices. Chennai
and its suburbs alone have 19 marketing
offices. For the year
ended on 31st March 2019, the Region disbursed around Rs. 7342 Cr.
About LIC Housing Finance Ltd: LIC Housing Finance Ltd (LICHFL) is
one of the largest Housing Finance Companies in India having one of the widest
networks of offices across the Country and representative offices at Dubai
& Kuwait. In addition, the Company also distributes its products through
branches of its subsidiary, LICHFL Financial Services Ltd. LIC Housing Finance
Ltd was promoted by Life Insurance Corporation in 1989 and a public issue was
made in 1994. It launched its maiden GDR offering in 2004. The Company enjoys
the highest rating from CRISIL & CARE indicating highest safety about the
ability to service interest and repay principal.
On Twitter:
https://twitter.com/chennaipresnews/status/1195701569708183552?s=20
On Twitter:
https://twitter.com/chennaipresnews/status/1195701569708183552?s=20
💢💢💢
