(Adds IHC's comments in paragraph 4, details on India's housing finance market in paragraph 5) Oct 2 (Reuters) – Abu Dhabi's International Holding Co (IHC) will acquire a 43.5% stake in Sammaan Capital for 88.50 billion rupees ($997.7 million), in a major bet on India's fast-growing housing finance market. Sammaan, a non-banking financial company focused on mortgage-lending, said on Thursday it will issue 330 million equity shares and 306.7 million convertible warrants to Avenir Investment RSC, an IHC affiliate, at 139 rupees apiece. Following the deal, Avenir will be classified as a promoter and will take control of the company. The transaction is subject to approvals from the Reserve Bank of India and the Competition Commission of India, and will trigger a mandatory open offer to existin

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