1 CORPORATE INFORMATION
 
 Dewan Housing Finance Corporation Limited (''DHFL''), ''the Company'' was
 incorporated in India on 11th April, 1984 and is carrying on the
 business of providing loans to retail customers for construction or
 purchase of residential property and loans against property. The
 Company is registered with National Housing Bank under Section 29A of
 the National Housing Bank Act, 1987. DHFL has its registered office in
 Mumbai and has 122 branches, 72 service centres, 24 camp locations, 8
 regional processing units and 4 central processing units in India and 2
 representative offices in UAE and UK.
 
 The Company has 3 subsidiaries viz. DHFL Holdings Private Limited,
 First Blue Home Finance Limited and First Blue Financial Consultants
 Limited.
 
                                           (Rs. in lacs)
 
                                    31.03.2012     31.03.2011
 
 2   Contingent Liability
 
 Guarantees provided by the Company    22,473           7
 
 Claims against the Company not 
 acknowledged as debts                     54          28
 
 2.1 The Company has given corporate guarantee in favour of
 intitutional subscriber of secured, redeemable, non convertible
 debentures issued by its subsidiary First Blue Home Finance Limited fo
 Rs. 25,000 lacs and interest thereon.
 
 3 Estimated amount of contracts remaining to be executed on capital
 account and not provided for (net of advances) is Rs. 160 lacs (Rs. 5,768
 lacs).
 
 4 Capital Work in Progress includes Rs. 17,618 lacs (Rs. 16,000 lacs) paid
 as advance consideration for acquiring office premises under
 construction, and Rs. 450 lacs paid in lieu of part consideration towards
 sale of leasehold land in earlier years.
 
 5 The Company has paid dividend of Rs. 8 lacs (Rs. 659 lacs) and Rs. 1 lac
 (Rs. 112 lacs) as tax on distribution of dividend to new shareholders on
 account of final dividend for the year 2010-11 as required under the
 Listing Agreement as those shares were allotted prior to record date
 for the dividend payment and after the date of earlier year balance
 sheet.
 
 6 The managerial remuneration including perquisites, Rs. 168 lacs (Rs. 157
 lacs) paid to Chairman and Manging Director and Rs. 30 lacs (Rs. 30 lacs)
 as comission to other directors.
 
 7 As per Accounting Standard (AS-18) on Related Party Disclosures
 details of transactions with related parties as defined therein are
 given below:
 
 A) List of related parties with whom transactions have taken place
 during the year and relationship:
 
 1) COMPANIES
 
 (i) Subsidiary Companies
 
 a.  DHFL Holdings Pvt. Ltd.
 
 b.  First Blue Home Finance Ltd.
 
 (formerly known as Deutsche Postbank Home Finance Ltd.)
 
 c.  First Blue Financial Consultants Ltd.
 
 (formerly known as DPB Financial Consultants Ltd.)
 
 (ii) Associate Companies
 
 a.  DHFL Vysya Housing Finance Ltd.
 
 b.  DHFL Property Services Ltd.
 
 c.  Aadhar Housing Finance Pvt. Ltd.
 
 d.  DHFL Insurance Services Ltd.
 
 e.  Arthveda Fund Management Pvt.Ltd.
 
 f.  Dish Hospitality Pvt. Ltd.
 
 g.  Wadhawan Holdings Pvt. Ltd.  h.  Wadhawan Retail Pvt. Ltd.
 
 2) KEY MANAGEMENT PERSONNEL
 
 a.  Shri Kapil Wadhawan Chairman & Managing Director
 
 b.  Shri Anil Sachidanand Chief Executive Officer
 
 c.  Shri Rajeev Sathe Chief Operating Officer
 
 d.  Shri Anoop Pabby Head Corp Strategy Group
 
 8 Figures for the previous year have been regrouped, rearranged and
 reclassified wherever necessary.  Accordingly, amounts and other
 disclosure for the previous year are included as an integral part of
 the current year''s financial statement and are to be read in relation
 to the amounts and other disclosures relating to the current year.
 
 9 Figures in brackets represent previous year''s figures.