Affordable housing took center stage in Delhi today with the opening of a fresh DCHFC branch in Rohini Sector-16. Minister Ravindra Indraj Singh cut the ribbon, reinforcing the AAP government’s pledge to democratize home loans through cooperatives.
January 24’s event in northwest Delhi attracted departmental heads, local leaders like Yogesh Rana, and enthusiastic residents. This expansion from the Siri Fort base aims to decongest services and reach underserved pockets.
Blasting historical neglect, Singh outlined the shift: low-rate loans for cooperatives, EWS, and middle-class buyers. New branches like this one embody that vision, with tech enhancements ensuring seamless processing.
Directives flew thick—blueprint more outlets, supercharge publicity via ads and direct mails to RWAs, and scale digital capabilities. DCHFC, with its Rs 1,600 crore war chest, has flown under the radar too long, the minister noted.
Rohini’s potential as a housing hotspot makes this timely. At 7.30% rates, it’s a steal compared to market averages. Comprehensive campaigns will ensure no corner of Delhi misses out.
The roadmap? Branches in every direction, policy boosts, and data-driven outreach to societies. Singh envisions DCHFC as an economic powerhouse, delivering sasta ghar to millions and revitalizing cooperatives.