Pioneering home finance company HDFC’s vice chairman
Keki Mistry believes that every individual needs to be a home owner
Farrokh Jijina
"Now is the right time for individuals to buy homes,” according to Keki Mistry (pictured), vice chairman and chief executive officer (CEO) of Housing Development Finance Corporation Limited (HDFC), India’s pioneering company in the area of housing finance. While it is a very location-dependent market, "prices have remained fairly flat for a long period of time,” he told Parsiana in an interview in his office in downtown Bombay on May 22, 2017. "At 8.35%, interest rates on housing loans are as slow as they can get,” he avers. Mistry elaborates on the criteria for availing of the government announced subsidy......