The Company was incorporated as MEHTA HOUSING FINANCE PRIVITE LIMITED
on 23.11.1993 and was subsequently converted into Public Limited
Company by way of passing a special resolution at the Extra Ordianry
General Meeting of the Company held on 28th August, 1994.
PRESENT BUSINESS OF THE COMPANY
The Company has started building the Housing Finance portfolio and
has deployed an amount of Rs. 50 lacs on the same. The company, right
from the inception, will concentrate in establishing the Housing loan
port-folio in and around Ahamadabad and as such 100% of the total
loans to be sanctioned will be to various government and
semi-Government employees placed concentrating on loans upto Rs.
The Company is engaging in providing long term housing finance for
purchase or construction of house/flats to individuals. The company
will finance builders, developers selectively to increase the supply
of housing stock.