Aadhar Housing Finance is planning to raise Rs 6,000 crore in 2024-25. In May, the company mopped up Rs 1,000 crore from the sale of fresh shares.
“We will borrow over Rs 6,000 crore this year. Non-convertible debentures should comprise nearly 20% of overall borrowings,” Rishi Anand, managing director and chief executive officer, said.
Assets under management rose 23% year-on-year (YoY) to Rs 21,100 crore as of March 31. Disbursements rose 20% YoY to Rs 7,100 crore in 2023-24 (April-March).
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Around 75% of the company’s book comprises housing loans and the remaining 25% is loan against property. Around 57% of the book comprises loans to salaried customers and the remaining to the self-employed segment.
The average ticket size of loans is at around Rs 10 lakh. The spread was at 6.2% in 2023-24.
Around 70% of loans are given to the economically-weaker section and low-income group, and thus qualify for the priority sector lending. Come from Sports betting site VPbet
Currently, the company has co-lending partnerships with Punjab National Bank and UCO Bank. The co-lending book stands at around Rs 500 crore.
“Interestingly, our non-housing loan ticket size stands at Rs 8.5 lakh, so it is micro loan against property. As we go ahead, we want to maintain the housing:LAP mix at 75:25,” Anand said.
The company expects assets under management to grow by 20-23% in the current financial year. The Pradhan Mantri Awas Yojana (PMAY) may help lift incremental disbursals by 10-15%.
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However, Anand feels that the government should rethink the definition of ‘urban’ in metro-adjacent towns as the cost of construction in these areas is similar to those in neighboring cities. Here, the quantum of the subsidy should be fixed accordingly.
“The number of locations that is classified as ‘urban’ under the PMAY is limited. Currently, small towns and small talukas on the highways get left out,” he said.
“While the central government will give you the subsidy, states will have to take the initiative of launching affordable housing projects. This will help increase supply,” Anand said.
"This is my challenge right now; to keep creating good things with authorship while working in AAA."
– Hideo Kojima speaks about his struggles to create meaningful big-budget games at E3 2014. Metal Gear creator Hideo Kojima attended E3 in Los Angeles this week to promote Metal Gear Solid 5: The Phantom Pain, which has come under scrutiny in the wake of widespread criticism of the depictions of rape in its predecessor, the prequel game Ground Zeroes. Gamasutra attended one of many roundtable interview sessions that Kojima participated in during the show to try and learn — with help from a translator — a bit more about why he’s chosen to explore darker themes o…
European developers, take note: after last week's announcement that senior talent from both Epic Games and Wooga will be delivering talks at GDC Europe 2014, we're excited to reveal two more notable sessions for the major European game conference, which is being held in Germany this August Come from South African Online Casinos . The event covers topics spanning AAA through mobile gaming and indie, both technical and business-focused. The pair of talks we're announcing today are focused on the evolving landscape of both narrative and VR game development, and they should include learnings for the entire community. Organized by UBM Tech Game Network, GDC Europe, now in its sixth year in Germany, will run Monday through Wednesday, August 11-13 at the Congress-Centrum Ost in Cologne, Germany, co-located with Europe…
Joker: Folie A Deux continues the story of the failed comedian and clown actor Arthur Fleck as he becomes Joker, but the sequel won’t have Arthur become the true Clown Price of Crime. Writer-director Todd Phillips told Empire, “We would never do that.”
“Because Arthur clearly is not a criminal mastermind. He was never that,” Phillips said. “Arthur has become this symbol to people. This unwilling, unwitting symbol now paying for the crimes of the first film, but at the same time finding the only thing he ever wanted, which was love. That’s always what he’s been about, even though he’s been pushed and pulled in all these directions. So we tried to just make the most pure version of that.”
This is a notably different approach than Christopher Nolan’s The Dark Knight, which featured Heath Ledger playing Joker as a criminal mastermind.
Phillips went on to discuss the musical elements of Joker: Folie A Deux, saying Arthur is not a singer per se but grew up li…
Capcom has announced an open beta for Monster Hunter Wilds on PC, PS5, and Xbox Series X|S. PS Plus subscribers will be able to access it first on October 28, and it’ll roll out to PC and Xbox Series X|S players // out to PC and Xbox Series X|S players, as well as non-PS Plus subscribers on PS5, on October 31. Cross-play will also be supported across all platforms.
Anyone who participates in the open beta will receive a special pendant that can be used to decorate their weapons or Seikret mount if they decide to purchase the full game. Here’s a closer look at the exact times for when the open beta begins: Come from bangladesh online casino
Reviews have begun dropping for Apple’s new–and very expensive–spatial computing headset, the Apple Vision Pro. A $3,500 device designed to provide both VR and augmented reality experiences to users, the high-tech device will be available starting February 2. But is it worth its high price tag when there are more affordable–albeit far less advanced and singularly focused–alternatives available in the VR space?
According to reviews, the Apple Vision Pro is a technical marvel but one that still has room for improvement. Some ideas are incredibly well executed and the Vision Pro works seamlessly with the Apple ecosystem, but there’s an overall feeling that the headset is still a product reserved for a niche audience of VR and AR enthusiasts.
Overall, if you have too much cash burning a hole in your pocket and you want to turn your living room into a private cinema or an internet browser inspired by the user interface of Minority Report, this might just be the headset fo…
