NHHFDL

New Habitat Housing Finance and Development Limited (NHHFDL), promoted by the Wave Group is one of the newest entrants in the Housing Finance sector. With a vision to be established as a distinguished player in the Housing Finance sector, the company aims to provide customized Housing Finance solutions with personalised services to its customers. The company is offering a wide array of products like Home loans, Home Improvement/ Extension loan, Balance Transfer/ Top-up Loan, Loan Against Property etc.

The Government of India has put a thrust on Affordable housing and supportive policy framework. It has also raised the agenda of financial inclusion and development of smart cities in the Country. Contributing to the Government’s vision, NHHFDL aims to provide easy housing finance solutions to its customers.

Keeping in mind various requirements and impediments in obtaining home loan, the company is offering flexible EMI options to the formal and informal sector in all income groups. Working in the real estate sector for over a decade, the Wave Group had realized the need for an institution that provides easy Housing Finance options to various customers including self-employed individuals. Initially starting the business from Delhi/ NCR, the company will focus on increasing its footprints in Tier II & Tier III cities with an ultimate aim of having pan-India presence and positioning itself among the dominant players in Housing Finance Industry.

Wave Group

Wave Group is a leading business conglomerate that has expanded across industries to create a niche for itself. The integral beliefs of the group are founded on hard work and team spirit. It has been steered by the long term vision of the Late Mr. Kulwant Singh Chadha since 1963. Today, the Wave Group boasts an impressive portfolio of businesses, including sugar manufacturing, distilleries and breweries, real estate, malls and multiplexes, beverages, sports, education and entertainment.

Wave is a socially responsible multiproduct company committed to deliver incredible brand experience through innovation and technology. Wave Group’s policy has been to efficiently and effectively optimize its diverse businesses, thus resulting in exponential growth in the Group’s productivity, its ability to transform industries and in creating opportunities for entirely new market segments. The Wave Group attributes a major part of its success to its visionary, the erstwhile Chairman Mr. Gurdeep Singh (Ponty) Chadha. His pioneering vision to conquer new heights and fulfil the dreams of all its stakeholders has been the key to driving the Group to continuously set new benchmarks. Continuing the legacy, Mr. Rajinder Singh Chadha (Chairman) and Mr. Manpreet Singh Chadha (Vice Chairman) have taken the mantle to constantly look for ways to improve all businesses the group does and create opportunities for new market segments to favourably impact the lives of all its stakeholders.

www.thewavegroup.com

Management Team

MR. RAJINDER SINGH CHADHA, CHAIRMAN, WAVE GROUP

With an experience of over 30 years, Mr. Chadha is responsible for the Group’s strategic decision making along with corporate finance activities. He embarked his journey into business by operating a transport company at Delhi and Moradabad while pursuing his higher education. At a nascent age he established the Paper Mill, the success of which is contributed to his arduous hard work and commitment. At present, he administers the Sugar Manufacturing, Entertainment, Paper and other businesses under the Wave umbrella. Mr. Rajinder Singh Chadha along with Mr. Gurdeep Singh Chadha (popularly known as Mr. Ponty Chadha) were instrumental in steering Wave’s growth story across business portfolios of the group. With his leadership skills and never to give up attitude, Wave group is expected to grow bigger and better.

MR. MANPREET SINGH CHADHA, VICE CHAIRMAN, WAVE GROUP

Son of Mr. Ponty Chadha, Mr. Manpreet Singh Chadha has played a critical role in the diversification of the Wave Group. With over 19 years of experience, he managed the Sugar and Entertainment Business before leading the Wave Group’s prominent venture into the real estate industry. His progressive approach is driving the company in exciting new directions, as he continues to strengthen the management teams within the organisation.

MR. RAJINDER SINGH CHADHA, CHAIRMAN, WAVE GROUP

With an experience of over 30 years, Mr. Chadha is responsible for the Group’s strategic decision making along with corporate finance activities. He embarked his journey into business by operating a transport company at Delhi and Moradabad while pursuing his higher education. At a nascent age he established the Paper Mill, the success of which is contributed to his arduous hard work and commitment. At present, he administers the Sugar Manufacturing, Entertainment, Paper and other businesses under the Wave umbrella. Mr. Rajinder Singh Chadha along with Mr. Gurdeep Singh Chadha (popularly known as Mr. Ponty Chadha) were instrumental in steering Wave’s growth story across business portfolios of the group. With his leadership skills and never to give up attitude, Wave group is expected to grow bigger and better.

DIRECTORS

MR. RAKESH KAPOOR, CEO & WHOLE-TIME DIRECTOR, NHHFDL

Mr. Rakesh Kapoor is a techno-finance professional with strong experience of 27 years in the financial sector and 10 years in the Corporate Sector. Out of the total 27 years experience in the Financial sector, he has spent about 22 years with IFCI and attained the position of Chief General Manager and had substantial exposure in project appraisal/ project financing across various sectors, resolution of non-performing assets by way of restructuring including CDR mechanism, negotiated settlements, assignments of debts etc. Later, he spent 5 years with IFCI Factors (a subsidiary of IFCI) as Managing Director and was responsible for all round development of organization viz. Business, People, System and Processes during that period from the start up stage. During his tenure with IFCI, Mr. Rakesh Kapoor has also represented as IFCI Nominee on various high level committees constituted by Government of India with regards to policy initiatives in respect of Sugar, Co-generation and Ethanol industry.

MR. MOOL CHAND GAUBA, DIRECTOR, NHHFDL

Mr. M. C. Gauba has 4 decades of Banking experience. He joined Canara Bank in the year 1972 & worked in various capacities in Branch/ Offices in the Union Territory of Delhi & States of Haryana, UP and Karnataka. Superannuated in May 2012 as General Manager (Prime Corporate Credit Wing), he has handled total Credit Portfolio of Rs.1.12 Lac Crores comprising of 10 Large Corporate and Overseas Branches at London and Hong Kong.

He has an intensive exposure to funding of Infra Projects like Road, Power (Wind, Thermal & Solar), Telecom, Ports, Rail (Metro) etc. besides traditional project Funding.

He was on the Board of Canara Bank- HSBC-OBC Insurance Ltd. as Director for 2years & 6 Months. He was also a member of various Committees like Investment Committee, Credit Committee, Risk Management Committee, I.T Committee, Committee on Monitoring of RRBs and HR Committee on Staff Welfare

MR. SAJEVE DEORA, DIRECTOR, NHHFDL

Mr. Sajeve Deora, a qualified Chartered Accountant and also a Certificate holder of Arbitration course. He has been associated with enterprises engaged in manufacturing, real estate & services and act as an independent member of Board of Directors of companies in India and overseas & also member of Arbitral Tribunals. He has been providing Management, Advisory and Consulting Services in respect of restructuring, mergers, takeovers, litigation etc. He also have expertise in the field of Financial and Business Engineering, Banks, filings under Asset Reconstruction Companies, Recovery tribunals etc.

MR. PRADEEP SACHDEVA, DIRECTOR, NHHFDL

Mr. Pradeep Sachdeva is a qualified Chartered Accountant having an overall experience of almost 27 years in the field of finance, accounting and taxation. He is associated with Chadha Group since September, 2003. Before joining Chadha Group, he was working with M/s Milk Food Limited, a listed entity, for 18 years.