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Edelweiss Housing targets loan-book size to 6,000 cr

Edelweiss Housing, a branch of financial service provider Edelweiss Group, aims at taking its total loan-book size to Rs 6,000 crore by 2015, a top company official said.

The firm has a loan book size of 900 crore and has set up its housing finance in 2010.

Anil Kothuri, Edelweiss Housing Finance Executive Vice-President, told that the company started its operations in September 2010 in Mumbai. Presently, they are operating in nine cities. He also said that the company is expecting to expand its operations in 10 more cities in the next two years.

He said the firm is aiming to build up a loan book of 6,000 crore by FY 2015.

Edelweiss has 3,000 employees and has its operations in Mumbai, Delhi, Pune, Ahmedabad, Hyderabad, Bangalore, Baroda and Surat, he said.

To read more real estate news:

Home sales down due to jump in property prices

Source: Economic Times

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