If we look at the dictionary for the meaning of 'what is housing stock' we will see that the total number of houses or apartments in an area is called housing stock. The two terms housing stock and housing finance stocks are very much interrelated although they have different meanings. So, what is housing finance stock?
Get home loans from a preferred bank at the lowest interest rate at NoBroker!The Housing Finance stock is another type of non-banking financial company which helps in the principal business of financing acquisition or construction of houses. So, Housing Finance Company is responsible for development of plots and construction of houses.
Best housing finance stocks in India:
Some of the best housing finance stocks in India includes:
- HDFC
HDFC is one of the biggest finance companies in India right now. The current market value of the company is Rs.3,76,119.60 Cr. HDFC has provided around 4.28 lakh Cr. housing loans to its customers. The Government is taking initiatives to help every citizen get home, and thereby HDFC Ltd is benefiting from it.
- LIC
LIC Housing Finance is another leading housing finance company in the housing finance stock. The market value of the company is Rs.27,178 Cr. LIC has provided Rs.1.95 Lakh Cr. home loans to its customers.
- Bajaj Finance Ltd
One of the leading housing financing companies among others in Bajaj Finance. The market value of the company is Rs.205,259.35 Cr. The company is known for its excellent performance as well as excellent growth. Bajaj Finance has provided home loans to many citizens in India.
This was all about
housing finance stocks. I hope you find this informative.
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What Are The Best Banks For Home Loans?
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What is housing stock?
Amrita
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2022-05-27T09:58:05+00:00 2022-05-27T11:57:04+00:00Comment
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