Anoop Saxena and Hemant Shinde from Star HFL, Smt. Anupriya Patel, Minister of State for Health and Family Welfare of India and Bollywood actor Kunal Kapoor
Mumbai,
October 9, 2024: Star
Housing Finance Limited (Star HFL), a leading retail-focused housing finance
company specializing in low-ticket loans, has been recognized at the
prestigious ET Business Leaders 2024 Awards. The award, in the category of
Outstanding Housing Finance Company for the Low-Income Group, was received by
Mr. Hemant Shinde and Mr. Anoop Saxena, Chief Operating Officer, on behalf of
the company.
The award
was presented by Smt. Anupriya Patel, Minister of State for Health and Family
Welfare of India, Shri Rajendra Agarwal, Former Member of Parliament, Lok
Sabha, and Bollywood actor Kunal Kapoor at a ceremony organized by Optimal
Media Solutions - A Times of India Group Company.
The award
comes at a pivotal time for Star HFL, as the company has recently crossed ₹500
crore in Assets Under Management (AUM), marking a key milestone in its growth
journey. This achievement aligns with Star HFL’s commitment to expanding its
presence in the housing finance market, focusing primarily on tier II and tier
III towns and semi-urban areas across states including Maharashtra, Madhya
Pradesh, Rajasthan, Gujarat, Tamil Nadu, and the NCR.
Mr.
Hemant Shinde expressed his heartfelt appreciation upon receiving the ET
Business Leaders 2024 Award, stating, "This award is a proud milestone for
our organization, affirming our commitment to financial inclusion by providing
affordable housing solutions to those who need them the most. It is a testament
to the dedication of our team and the trust that our customers place in us
every day. I would also like to extend my sincere gratitude to Mr. Prashant
Karulkar (Mentor) for his invaluable guidance and support throughout our
scale-up journey.”
Mr. Anoop
Saxena, Chief Operating Officer of Star HFL, added: “Our focus has always been
on simplifying the home-buying process for low-income families, ensuring access
to housing finance in underserved areas. This award motivates us to continue
driving sustainable growth while making a meaningful difference in the lives of
first-time home buyers.”
With a
strong network of over 30+ operational branches and a team of more than 300+
employees, Star HFL has successfully served over 5,000 families to date. The
company’s mission is to deliver retail home loans under RBI's Priority Sector
Lending norms, often in alignment with the Pradhan Mantri Awas Yojana (PMAY)
guidelines. As of June 2024, Star HFL’s AUM stands at ₹471.41 crore, showcasing
consistent growth and impact.
The
recognition at the ET Business Leaders 2024 Awards further highlights Star
HFL’s role as a key enabler in India’s affordable housing sector, contributing
to the nation’s vision of "Housing for All." The celebration of this
award and milestone took place across Star HFL’s offices, energizing the team
as they continue their journey toward greater achievements.
About Star Housing Finance Limited (Star HFL)
Star Housing Finance Limited (Star HFL) is a retail housing finance
company. The Company has been operational in the low-cost housing space. Star
HFL provides long term housing finance assistance to EWS/LIG families towards
purchase/construction of low-cost housing units (affordable housing) in its
operational geographies. Star HFL is a professionally managed Company with a
presence across states of Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, NCR
and Tamil Nadu. Star HFL is registered as a Primary Lending Institution (PLI)
under the Pradhan Mantri Awas Yojana (PMAY). Star HFL has its Registered &
Corporate Office in Mumbai, Maharashtra.
Please
visit https://www.starhfl.com/ for more information
For
further media queries, please contact:
Sonia
Kulkarni, Hunk Golden and Media
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