Piramal Housing Finance Investors Presentation

Is there an opportunity for us to create a sizeable HFC in India?

(i) 25% of 25 Crores Indian households currently facing housing shortage;

(ii) 10 Crore houses need to get added in next 10 years;

(iii) 2 Crore houses targeted in urban areas under ‘Housing for All by 2022’;

(iv) 30 Lac houses targeted to get added each year in urban areas;

(v) ~3 Lac houses currently added every year.

Investments in excess of US$ 1 trillion are required in housing and allied industry in the next 7 years.

Strong government focus on housing sector

Enhanced transparency and greater accountability in real estate sector due to Real Estate (Regulation and Development) Act will increase the confidence of new home buyers

 100% tax exemption on profits from construction of affordable housing

 Infrastructure status to affordable housing will ensure easier access to credit and help in reducing developers’ cost of borrowing for affordable projects

 Home buyers allowed to withdraw funds from their accumulated Employee Provident Fund corpus for buying homes / pay home loan EMIs

 Low and Middle Income Group to get significantly benefited through Credit Linked Subsidy Scheme under Pradhan Mantri Awas Yojana