Muthoot Finance Celebrates the Completion of 200 Aashiyana Homes


Muthoot Finance has successfully accomplished the milestone of constructing and delivering 200 homes as part of their rehabilitation initiative – Muthoot Aashiyana. In order to celebrate this milestone, the company has organized a meet and greet event for all the beneficiaries at Gokulam Convention Center, Kaloor, Ernakulam. The event was inaugurated by the Chief Guest – Padma Shri. Jayaram – a celebrated actor in the South-Indian film industry, presided over by Shri. George Jacob Muthoot – Chairman, The Muthoot Group, followed by the keynote address by Shri. George Alexander Muthoot – MD, Muthoot Finance. Shri. George Thomas Muthoot – Joint Managing Director, Muthoot Finance, Shri. George M George – Deputy Managing Director, Muthoot Finance; Shri. KR Bijimon – Executive Director, Muthoot Finance was present at the event. The ceremony was facilitated by Shri. T. J. Vinod – Ernakulam MLA; Shri. Anwar Sadath – Aluva MLA; Dr. Maithrei – MD, Archana Hospital, Thodupuzha; Shri. V. J Lukose – Land Donor, Koothattukulam Aashiyana Project and Smt. Rosakkutty Abraham – Secretary at Women’s Council.

Muthoot Aashiyana initiative was instigated by the devastating floods in Kerala in the same year which witnessed thousands of families losing their homes. Muthoot Finance has allocated a cumulative spend of Rs. 20 cr towards the scheme. The construction was planned in the worst-hit areas by the floods including Paravoor, Alwaye, Chengannur, Aranmula, Thiruvalla, Kozhencherry, Kuttanad, Kumarakom, Thodupuzha, Malappuram, Chellanam, Trichur and Idukki. The ongoing projects under Muthoot Aashiyana are 14 housing projects in Edavanakkad, Kochi, 20 housing projects in Rewari, Haryana, and 10 housing projects in Haridwar, Uttarakhand.