Housing Development Finance Corporation Limited or HDFC (BSE: 500010, NSE: HDFC) is an Indian commercial real estate company based in Mumbai, India. It was founded in 1977 by Hasmukhbhai Parekh. HDFC's distribution network spans 283 outlets that include 66 offices of HDFC's distribution company and HDFC Sales Private Limited.
In addition, HDFC covers over 90 locations through its outreach programmes. HDFC's marketing efforts continue to be concentrated on developing a stronger distribution network. Home loans are also sourced through HDFC Sales, HDFC Bank Limited and other third party Direct Selling Agents (DSA).
To cater to non-resident Indians, HDFC has an office in London, Singapore, and Dubai and service associates in GCC countries.
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HDFC was registered on October 17, 1977 and launched at a function at the Taj Mahal Hotel in Mumbai by the then Union Finance Minister of India on Dassera day, October 22, 1977.
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US$ 3.6 Billion (2011)
US$ 922.0 Million (2011)
