openPR Logo
Press release

Destimoney on the Path of Achieving 400 Crore Business in Current Quarter

02-27-2013 02:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Destimoney Enterprises Private Limited

/ PR Agency: Mutual PR
Brijesh Parnami, CEO- Distribution at Destimoney Enterprises Pvt. Ltd

Brijesh Parnami, CEO- Distribution at Destimoney Enterprises Pvt. Ltd

Mumbai: Destimoney Enterprises, one of India’s leading mortgage solution providers, is working towards achieving a business of around INR 400 crores in the fourth quarter of the present fiscal year. Destimoney achieved a target of INR 345 crores in the third quarter. The fourth quarter sales are expected to rise as RBI's policy is definitely a key to boosting real estate market sentiment and is sending out positive signals to global investors.

Destimoney CEO, Distribution, Mr. Brijesh Parnami said “Borrowers would see better days ahead as banks are cutting lending rates following the RBI's decision to cut short term lending rate as well as unlock INR 18,000 crore by slashing cash reserve ratio (CRR) by 0.25 per cent.” Destimony plans to achieve 12-14% of its target of loan disbursal from low housing price below INR 25 Lacs and achieve the remainder from loans above INR 25 lacs.

Mr. Brijesh Parnami further added, “The statements are coming from leading bankers that they will pass on the benefit of Reserve Bank of India reducing its short-term lending rate and CRR to customers. This states that borrowers can now look forward to their EMIs coming down soon. We feel that there is room for monetary transmission which in turn would trigger growth prospects for Destimoney Enterprises across India.”

Destimoney Enterprises plans to focus on enhancing Loan against Property and Business Transactions towards achieving Q4 budgets. The company has a PAN India presence with North being the best performing region in the last quarter. The company achieved 40% of its business in the last quarter from Delhi and 25 % from Mumbai region. The company plans to expand its business in the last quarter to regions like Indore, Bhopal, Raipur & Nagpur to reach a wider population for providing mortgage solutions. An appropriate interest rate environment generated further to RBI’s policy would intend to support the growth of Destimoney Enterprises throughout India.

About Destimoney:

Destimoney is a consulting and advisory firm in Housing Finance. They are one of India's largest mortgage solutions providers and provide professional mortgage advice to those seeking loans. Equally important, Destimoney helps to choose the best loan provider from the leading mortgage financiers. They are one of the largest mortgage solutions providers with pan India presence in all major cities of India. Destimoney has a renowned pedigree of their shareholder group, robust IT infrastructure, dependable risk management process, strong compliance, prompt customer support and research-based investment support.

Destimoney Enterprises offers Home Loans, Lease Rental Discounting Loans, Loans against Plot, Loans against Commercial and Residential Property, Personal Loans and Business Loans. When you engage the services of Destimoney, the entire process of taking a loan – managing the documentation to disbursal- is handled by them. Equally important, Destimoney helps you choose the best home loan and loan against property provider from the entire banking and financial institutions.

Destimoney Enterprises Private Limited
Plot No-9, Mansarovar Garden
Opp. Shaheed Bhagat Singh Park
New Delhi-110015

Website -
Emil ID -
Toll Free Number - 180030001015

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Destimoney on the Path of Achieving 400 Crore Business in Current Quarter here

News-ID: 253424 • Views: 2595

More Releases for India

Medical Tour India | Affordable Treatment In India
We at MedCredible look after the well being of the patients seeking treatment in India. Our support staff support is well trained in handling various situations arising due to cross border differences. All the patients can avail of high-quality treatment at an extremely affordable cost in a compassionate environment combined with ethical practices. With options of over 100 + Hospitals and Institutions, we at Medcredible ensure that we connect the
01-17-2011 | Health & Medicine
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will