Piramal Capital & Housing Finance Limited, which is set to acquire Dewan Housing Finance Corporation Limited (NSEI:DHFL) will likely put on sale the latter's property developer loan portfolio of about INR 531.65 billion as it moves toward becoming a retail mortgage lender. The group is working on an internal strategy to carve out the developers' loan portfolio from the book, said people with knowledge of the matter. A final decision will be taken soon after the acquisition is completed. "It will likely sell the builder loan business to any other entity specialising in real estate loans only at a later date after it formally acquires the home financier," one of the persons cited above told ET.