LIC Housing Finance Ltd inaugurates mega property exhibition Ungal Illam 2016: Marketing & Sales by Jain Housing
UNGAL ILLAM 2016, is the exclusive mega property fair organized by LIC Housing Finance Ltd (LIC HFL) at Chennai. The 19th edition of the fair is being conducted from 9 th to 11 th September 2016 at Chennai Trade Centre, Hall 3, Nandambakkam,Chennai. The show traces back to its humble beginning in 1997 with participation of 15 builders. Encouraged with the overwhelming response over the years, Ungal Illam has been a much awaited event for prospective home buyers. Started as a modest property exhibition, Ungal Illam has evolved as a marquee event during the last 18 years with many reputed builders of Chennai participating in it.The fair is being inaugurated by Ms Sunita Sharma, Managing Director and CEO, LIC HFL on 9 thSeptember 2016 at 12.15 PM. The Title Sponsor of the event is M/s Jain Housing & Constructions Ltd. The Gold sponsors of the event are M/s BSCPL Infrastructure Ltd, M/s Lokaa Developers Pvt Ltd,M/s Ruby Builders and Promoters & M/s Arete Homes by Prime Life Space. In total, more than 75 builders are participating in the event, showcasing more than 500+ projects. About 15,000 footfalls are expected this year. ENTRY IS FREE. On display during the event will be properties ranging from affordable homes to luxury high end apartments. It is also expected that new projects will be launched by some builders during this mega show. Prospective customers can look forward to value deals and discounts from the participating builders. The major attraction for customers is that they can get spot sanction of loans from LIC HFL. This will help them identify properties according to their eligibility and budget. Guidance will be provided by officials of LIC HFL regarding the technical aspects and their loan eligibility which will help buyers make informed decisions. During the event, LIC HFL offers NIL PROCESSING FEES. The company also offers maximum tenure of 30 years for all its housing loan products to resident Indians. Young borrowers can benefit from a higher loan quantum due to increase in term of 30 years apart from lower EMIs. About LIC Housing Finance Ltd LIC Housing Finance Ltd is one of the largest housing finance companies in India having one of the widest network of offices across the country and representative offices at Dubai & Kuwait. In addition, the Company also distributes its products through branches of its subsidiary LICHFL Financial Services Ltd. LIC Housing Finance Ltd was promoted by Life Insurance Corporation in 1989 and a public issue was made in 1994. It launched its maiden GDR offering in 2004. The company enjoys the highest rating from CRISIL CARE indicating highest safety with regard to the ability to service interest and repay principal.