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Mr V.K. Sharma, Director and Chief Executive of LIC Housing Finance, inaugurated the company’s annual property fair, “Ungal Illam 2012,” on Friday. The three-day fair will be open till Sunday and will have 55 builders showcase their residential projects in and around Chennai.
New projects
At the event, its 15th edition, new projects will be launched and most projects have been approved by LIC Housing. Customers can expect attractive deals, discounts and LIC Housing will provide ‘on the spot loan sanctions’ with special processing fee offer at the venue.
On the occasion the company announced that its home loan disbursement has jumped by 28 per cent in the southern region during 2011-12.
Home loan
Retail home loan disbursement reached Rs 4,798 crore during the year as compared with Rs 3,751 crore previously. The region covers Tamil Nadu and Kerala with 36 marketing offices with headquarters in Chennai.
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