Star Housing Finance has entered into co-lending partnership with Vastu Housing Finance Corporation, India’s leading affordable housing finance company. This collaboration aims to assist over 5,000 first-time home buyers across multiple Indian states, with a focus on semi-urban and rural markets. The partnership reflects both organizations' shared mission of advancing financial inclusion by offering accessible and affordable home financing to economically weaker sections (EWS) and low-income groups (LIG), particularly those traditionally excluded from the formal credit system.
Through this co-lending model, Star Housing Finance will be responsible for loan origination, underwriting, and servicing in line with all extant regulations. Vastu Housing Finance Corporation will contribute capital support, participate in co-underwriting, and offer a robust technology platform and risk-sharing framework - enabling both institutions to scale operations while managing risk efficiently.
Star Housing Finance (formally known as Akme Star Housing Finance) is primarily engaged in the business of providing loans to individuals, corporate and developers for the purchase, construction, development and repair of houses, apartments and commercial properties in India.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 540.05 |
| Housing & Urban Dev. | 197.00 |
| Bajaj Housing Financ | 91.83 |
| Piramal Finance | 1673.65 |
| PNB Housing Finance | 924.40 |
| View more.. | |
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