To spearhead its operations in international markets, Dewan Housing Finance Company, the second largest housing finance company in the country, is opening its branch office in London in a fortnight.
The office will sell loans to non-resident Indians, who are planning buy property in India.
DHFL already has a branch office in Dubai and tied up with UAE Sponsorship Centre LLC, part of NMC Group, to sell its products, including home loans and home improvement loans, to NRIs in UAE for buying residential properties in India.
The company has plans to open offices in the US, Singapore and other parts of West Asia such, such as Oman and Qatar in the next couple of years.
"The NRI community is totally underserved. We want to tap the vast business potential arising from 2.5 crore (Rs 25 million) NRIs working abroad,'' said Kapil Wadhawan, vice chairman and