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Aavas Financiers LimitedUpdates, 21-03-2025: Press Release

21-03-2025 · 11:27 am

Aavas Financiers has achieved a noteworthy milestone, surpassing ₹20,000 Crores in Assets Under Management (AUM). This accomplishment underlines the company's ongoing commitment to supporting accessible and affordable housing finance for low- and middle-income individuals across India. Over the past decade, Aavas has disbursed ₹33,500 Crores to more than 3.62 lakh customers, showcasing a consistent trajectory of growth and strong asset quality.

With 373 branches in 14 states, 80% of which are located in Tier 2 to Tier 5 towns, Aavas remains dedicated to financial inclusion, focusing on digital partnerships to expand its reach, particularly among new credit and mortgage customers. The housing sector in India is poised for growth, driven by a young population, rising incomes, and government initiatives aimed at addressing a housing shortage of 100 million units, primarily affecting economically weaker segments.

Aavas aims to solidify its position as India's leading affordable housing finance provider, emphasizing its role in fostering financial inclusion and contributing to the country’s development. Investors should note the potential for growth in this segment, driven by favorable market conditions and ongoing demand for affordable housing solutions.

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