ALMAL Group started its financing division in the early 80’s when the Indian Lending market was in its infancy. The Group incorporated a couple of NBFC’s with the sole motto of helping Indian consumers fulfil their aspirations with quick and easy loans – hence the tagline – “Addressing Dreams.”
The Group initially focussed on Hire Purchase business by providing Auto Loans, Car Loans & Equipment Loans at a time when borrowing was very difficult and interest rates were exorbitant. Since then, the Group has been a prime mover in this potentially huge business segment and having achieved significant business transaction and critical mass, has charted out an aggressive growth road map to become a dominant player in the industry by creating substantial value at every stage.
The Group through its various subsidiaries has since the early 90’s started providing real estate finance in various stages of a project such right from the acquisition of land to project completion including leasing. In Real Estate, we focus our efforts mainly in the sectors of retail, residential, commercial offices, SEZ’s and IT/ITES projects. The Group due to its access to a large network of local and global investors, clients, and tenants, has also ensured the optimal realisation of post-completion opportunities.