Aspire Home Finance Corporation Ltd (AHFCL) inaugurates its first branch in Mumbai Metropolitan Region at Virar

Released on: November 18, 2014, 10:32 am (EST)
Industry: Financial

Mumbai, November 18, 2014 -- /EPR NETWORK/ -- Aspire Home Finance Corporation Limited (AHFCL), a housing finance company focused on increasing housing stock in the country by providing hassle free housing loan assistance to lower and middle income families across India has inaugurated its first branch in Mumbai Metropolitan region at Virar.

The branch is located at Ambo Patil Estates, Bldg No 11, B Wing, Office no 101, Tirupati Nagar, Village-Bolinj, Tal-Vasai, Dist-Thane, Virar-West.
The branch inauguration is in line with AHFCL's regional roll-out strategy and will service the Virar and nearby areas. Services provided by this branch would include Home loans (purchase and resale), plot loans, construction loans, composite loans (plot + construction), home extension loans and home improvement loans. AHFCL would also provide insurance distribution & property advisory services to its customers through this branch.

Inaugurating the new branch at Virar, Anil Sachidanand, Managing Director & CEO of AHFCL said “We are extremely happy to inaugurate our first branch in Mumbai Metropolitan region today. Virar and the adjoining areas of Vasai, Palghar, Boisar and Dahanu are very important markets for us. We stay committed to our business philosophy of enabling access to housing to our target customers and would be going till the last mile with our customers in catering to their requirements thereby ensuring that their experience with AHFCL is the best. We have plans to expand our presence in this region through branches / sales centers”

AHFCL plans to have a pan India presence in the extended suburbs of Metros & Mini Metros towns and Tier II and Tier III cities.

About Aspire Home Finance Corporation Ltd (AHFCL)
Aspire Home Finance Corporation Ltd (AHFCL) is a professionally managed housing finance company with unique combination of financially sound and technically experienced promoters who are well known in their domain for professional ethics and strong execution capabilities. AHFCL is managed by Mr. Anil Sachidanand; who is a veteran of over 25 years in the Home Finance business in India. Mr. Anil Sachidanand (MD & CEO) and a team of experienced Home Finance professionals are responsible for execution of day to day operations of the company, guided by an experienced Board of Directors from the fields of Banking and Finance. AHFCL is promoted by Motilal Oswal Securities Limited (MOSL).

About Motilal Oswal Securities Limited
Motilal Oswal Financial Services Ltd. (NSE: MOTILALOFS, BSE: 532892, BLOOMBERG: MOFS IN) is a well-diversified, financial services company focused on wealth creation for all its customers, such as institutional, corporate, HNI and retail. Its services and product offerings include wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking and principal strategies. The company distributes these products through 1,657 business locations spread across 517 cities and the online channel to over 820,025 registered customers. MOFSL has strong research capabilities, which enables them to identify market trends and stocks with high growth potential, facilitating clients to take well- informed and timely decisions. MOFSL has been ranked by various polls such as the Best Local Brokerage 2005, Most Independent Research - Local Brokerage 2006 and Best Overall Country Research - Local Brokerage 2007 in Asia Money Brokerage Polls for India. MOSL won 4 awards in the ET-Now Starmine Analyst Awards 2010-11, placing it amongst the Top-3 award winning brokers, was ranked No. 2 by AsiaMoney Brokers Poll 2010 in the Best Local Brokerage Category and won the ‘Best Market Analyst’ Award for 2 sectors at the India’s Best Market Analyst Awards 2011. MOFSL won the ‘Best Capital Markets and Related NBFC’ award at the CNBC TV18 Best Banks and Financial Institutions Awards 2011. MOSL also won the ‘Best Equity Broking House’ award for FY11 at the Dun & Bradstreet Equity Broking Awards 2011. MOSL won the ‘Best Performing National Financial Advisor Equity Broker' award at the CNBC TV18 Financial Advisor Awards 2012, for the 4th year in a row. MOSL won ‘Best Equity Broker’ award at Bloomberg UTV Financial Leadership Awards 2012, ‘Retailer of the Year (Banking & Financial Services) award at Retail Excellence Awards 2012, and was ranked 2nd in the “Best Overall Brokerage” category by Asia Money in 2011. Motilal Oswal Private Equity won ‘Best Growth Capital Investor-2012’ award at the Awards for Private Equity Excellence 2013. MOSL was adjudged amongst the Top 20 innovators in BFSI for ‘Leveraging on technology in enhancing customer experience’ at the Banking Frontiers Finnovity Awards 2012, and won the ‘Quality Excellence for Best Customer Service Result’ award at National Quality Excellence Awards 2013.

For further details contact:

Mr. Hari Krishnan
Sr.Vice President - Marketing
Motilal Oswal Financial Services
Ph - +91-22-39825500
Mob- +91-9820520392

Mr. Anirudh Rajan / Alpesh Nakrani
Paradigm Shift Public Relations
Mob- +91-9892343828/ +91-9869121167
Tel- +91-22 22813797 / 98

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