Delhi’s dreamers of homeownership have fresh hope as the government unveils a new DCHFC outlet in Rohini Sector-16. Launched by Cooperation Minister Ravindra Indraj Singh, this initiative promises cheap loans at 7.30% interest, targeting the common man sidelined by high bank rates.
The ceremony on January 24 drew crowds from northwest Delhi, including officials and Alipur councillor Yogesh Rana. As DCHFC’s second Delhi outpost post-Siri Fort, it signals aggressive expansion in affordable housing finance.
Singh lambasted past regimes for ignoring cooperatives, vowing to prioritize low and middle-income earners. ‘Our government is turbocharging DCHFC with new branches to fulfill housing aspirations,’ he declared.
Instructions were clear: craft a roadmap for additional outlets citywide, amplify marketing, and digitize operations for swift, transparent approvals. The minister revealed DCHFC’s robust Rs 1,600 crore capacity, long operational but poorly publicized.
In Rohini’s expansive residential landscape, this branch arrives at a pivotal time amid upcoming growth. Singh mandated exhaustive promotion—ads, RWA invites, dealer networks—to blanket every household with awareness.
Future plans include saturating all Delhi zones with branches, leveraging policy reforms to fortify the cooperative backbone of the city’s economy. ‘Every citizen deserves a shot at their own roof,’ he said, painting DCHFC as the people’s finance champion.