Welcome to Pioneer Housing Finance Academy

E-1/25, Sector-7, Rohini
Delhi - 110085

011-27043805
phfa2018@gmail.com

News & Articles

Posted On: 2021-10-27 Author : R.S. Garg

SCALE BASED REGULATION (SBR): A REVISED REGULATORY FRAMEWORK FOR NON- BANKING FINANCIAL COMPANIES (“NBFCS)ISSUED BY THE RBI ON 22ND OCTOBER, 2021...

Read More

Posted On: 2021-08-14 Author : R.S. Garg

The Regulatory Framework applicable to Housing Finance Companies (HFCs)...

Read More

Posted On: 2020-07-03 Author : R.S. Garg

PS.O.2405(E).—In exercise of the powers conferred by sub-clause (iv) of clause (m) of sub-section (1) of section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security...

Read More

Posted On: 2020-07-03 Author : R.S. Garg

Paragraph 4.1.17 of the Master Direction –Non-Banking Company – Housing Finance Company (Reserve Bank) Directions, 2021 defines the expression “Housing Finance company”...

Read More

Posted On: 2020-02-09 Author : R.S. Garg

Penalties have been prescribed in the financial sector for non-compliance /breaches /violations of the statutory provisions including regulations, directions, guidelines, orders or circulars issued under the Securities...

Read More

Posted On: 2020-09-02 Author : R.S. Garg

It is a common knowledge that risk and rewards go together. Like any other business, home loan or mortgage lending business also have various kinds of risk associated with it e.g. credit risk, operational risk, marketing...

Read More

Posted On: 2020-09-02 Author : R.S. Garg

The issue I propose to bring to focus in this paper is about the housing needs of the people who require houses on temporary basis, the reasons for such requirements, how currently their housing demands are met and what...

Read More

Posted On: 2020-09-02 Author : R.S. Garg

The Finance (No.2) Act, 2019, has amended the National Housing Bank Act, 1987 conferring certain powers for regulation of Housing Finance Companies (HFCs) with Reserve Bank of India(RBI). The provisions of the said Act came...

Read More

Posted On: 2020-07-30 Author : R.S. Garg

It is my pleasure to introduce the Pioneer Housing Academy, an initiative of OM Vitta Evam Gyan Vikas Samiti

Read More

Posted On: 2020-07-03 Author : R.S. Garg

At the outset, we thank the Reserve Bank of India (RBI) for giving opportunity to the stake holders to offer comments on the changes proposed to the regulations applicable to HFCs. Before we proceed with our comments...

Read More

Posted On: 2020-05-13 Author : R.S. Garg

Considering the thrust of the Government on housing more particularly affordable housing and evolution of a conducive environment for conducting housing finance business in the country over a period of time, number...

Read More

Posted On: 2020-02-14 Author : R.S. Garg

Prepayment penalty or levy or charges or foreclosure charges by whatever name called is a pre-agreed amount between a borrower and a lender which the borrower is required to pay to the Lender in a borrowing arrangement...

Read More

Posted On: 2019-05-06 Author : R.S. Garg

Prepayment penalty or levy or charges or foreclosure charges by whatever name called is a pre-agreed amount between a borrower and a lender which the borrower is required to pay to the Lender in a borrowing arrangement...

Read More

Posted On: 2019-03-07 Author : S. K. Chadha

Historical Background: Housing is a basic human need. The Vastushastra and town planning is not new in this part of the world. It has traces even in cities of Indus Valley Civilization (Harappa & Moen-jo-daro).

Read More

Posted On: 2019-01-30 Author : Pioneer Housing Finance Academy

Sharda University has introduced “Housing Finance” subject as a mandatory subject in the MBA (Banking and Finance) Program. MBA Student passing out in the current year will be taught the subject in the lst semester commencing from January 7, 2019.

Read More

Posted On: 2019-01-30 Author : R.S. Garg, Chairman, Pioneer Housing Finance Academy & former Executive Director, National Housing Bank, New Delhi

The National Housing Bank Act, 1987 *

Read More

Posted On: 2019-01-30 Author : R.S. Garg, Chairman, Pioneer Housing Finance Academy & former Executive Director, National Housing Bank, New Delhi

NATIONAL HOUSING BANK New Delhi,
10th June, 2010*

Read More

Income Tax - Sections 80C and 24*
Posted On: 2019-01-30 Author : R.S. Garg, Chairman, Pioneer Housing Finance Academy & former Executive Director, National Housing Bank, New Delhi

Number of concessions /rebates are provided under the Income-tax Act to house owners, home financiers, developers, those letting out their houses as also those residing in rental premises...

Read More

Legal Reports or Reports On Title*
Posted On: 2019-01-30 Author : R.S. Garg, Chairman, Pioneer Housing Finance Academy & former Executive Director, National Housing Bank, New Delhi

Before we accept the property to be mortgaged as security for our loan, it is necessary to enquire into the borrowers title over the same. For this purpose a report on title is prepared to indicate whether...

Read More

Charge On Property*
Posted On: 2019-01-30 Author : R.S. Garg, Chairman, Pioneer Housing Finance Academy & former Executive Director, National Housing Bank, New Delhi

Dictionary meaning of the word “ charge” is to impose a burden, duty, obligation, or lien; to create a claim against property; to assess; to demand; to accuse; to instruct a jury on matters of law...

Read More

Types of Property Titles*
Posted On: 2019-01-30 Author : R.S. Garg, Chairman, Pioneer Housing Finance Academy & former Executive Director, National Housing Bank, New Delhi

In property law, title in its broadest sense refers to all rights or bundle of rights that can be secured and enjoyed under the law. Title to property ordinarily signifies that the holder has full and absolute ownership...

Read More

Credit Linked Subsidy Scheme (CLSS)
Under Pradhan Mantri AWAS YOJNA (URBAN)*
Posted On: 2019-01-30 Author : R.S. Garg, Chairman, Pioneer Housing Finance Academy & former Executive Director, National Housing Bank, New Delhi

Several initiatives have been undertaken by the Central Government either on its own or in collaboration with the State Governments to provide housing for all its citizens by 2022, when India completes 75 years of its independence...

Read More