HDFC Realty, a wholly owned subsidiary of Housing Development Finance Corporation (HDFC), in association with www. iBidmyHome. com has unveiled multi-property online home auctions, an idea that will help home buyers to bid for their dream homes from top developers at below market prices. The initial launch of this initiative will feature projects in Bengaluru, Chennai, and Kochi. The online home auction will have features like pre-screening of projects / developers, real time auction statistics, online bid submissions, pricing insights, among other things.
HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.
