Star Housing Finance Ltd Crosses Rs. 500 crs AUM, Aims to Serve Over 10,000 Homebuyers

Star Housing Finance Limited (Star HFL), a retail-focused housing finance company, has crossed Rs. 500 crs Assets Under Management (AUM). The company, which specializes in low-ticket loans, operates in tier II and tier III towns, as well as semi-urban areas, primarily serving the Economically Weaker Section (EWS) / Low Income Group (LIG) segment. Star HFL has achieved this milestone through its 30+ operational branches and staff of 250+ employees. The company plans to serve over 10,000 homebuyers in the next 6 to 8 quarters. The Government of India's renewed focus on Affordable Housing through PMAY 2.0 and recent budget announcements is expected to create a favorable macro environment for housing finance companies like Star HFL.