October and November will see further growth in individual retail housing segment, he said.
LIC Housing Finance
is seeing good growth in the affordable segment while premium segment has also seen an uptick.
“In Mumbai, we are registering good growth because of reduction in stamp duty.
As a company, we are seeing growth not only in the metros but also in Tier-II, Tier-III cities,” Mohanty said.
The mortgage lender on Thursday inked a partnership with Boston Consulting Group, which will help it digitise its underwriting processes, improve customer experience, and cut costs.
The exercise will be implemented over the next 21 months and the aim is to achieve at least 90-95 per cent digitisation, from 40-45 per cent now.