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  • Keys Handed Over of 10 Houses Constructed under Muthoot Ashiana Project

    By NE Reporter on February 13, 2021

    KOCHI:
    As part of the Muthoot Ashiana project, the keys of 10 houses were handed over to those who lost their homes in Chellanam, Ernakulam. Hibi Eden M.P.donated the keys to the beneficiaries in the presence of George Alexander Muthoot, Managing Director, Muthoot Group and George M. George Muthoot, Executive Director, Muthoot Group. The Muthoot M George Foundation, the CSR arm of the Muthoot Group, plans to build 200 houses to rehabilitate families whose houses have been completely lost through its Muthoot Ashiana project.

    Muthoot Group Executive Director George M. George Muthoot distributed Muthoot Home Protector Insurance Policy and Muthoot Group Executive Director George M. Jacob Muthoot gave away the special gifts to the beneficiaries. The 500 sq. ft. house has 2 bedrooms, hall, kitchen and a common bathroom. Five lakh and sixty thousand rupees was spent on the construction of a house.

    The company has set aside around Rs 60 lakh for the 10-house project in Chellanam. We are very proud to be a part of such initiatives that are helping the lives of the
    people of Chellanam who were devastated by the floods and tides, said George Alexander Muthoot, Managing Director, Muthoot Group. Muthoot Group is a company that has always worked for the betterment of the community and believes that by building a home for a family, the family can be easily brought back to normal life, George Alexander added.

    Muthoot Group Managing Director, George Alexander Muthoot presided over the function. Muthoot Group CSR Division Head Babu John Malayil welcomed the gathering. Palluruthy Block Panchayat President Baby Thampi, Chellanam Panchayat President K.D. Prasad, Chellanam Block Panchayat Member Arathi, Chellanam Grama Panchayat 19th Ward Member Anila Sebastian, Chellanam Grama Panchayat 13th Ward Member Krishnakumar, Chellanam Grama Panchayat 20th Ward Member Justin, Vicar of St. George Orthodox Valiyappally, Palarivattom, PI Varghese and Win Society Director Sister Alice Lucose delivered felicitation addresses. Muthoot Finance Ernakulam Regional Manager Vinod proposed the vote of thanks.

    Construction of 200 houses has already been started under the Asiana Housing Scheme, of which 179 houses including those in Chellanam have been completed
    and the keys were handed over. The company said it would complete the remaining 21 houses by March 31, 2021 and hand over the keys of the total 200 houses.

    NE Reporter

    Muthoot Ashiana ProjectMuthoot GroupMuthoot M George Foundation

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    • Muthoottu Mini’s AUM Hits ₹4141.60 Cr in FY25
    • Ambuja Cements and ACC Become India’s Leading Cement Companies with Net-Zero Targets
    • Have Difference of Opinion with the Congress Leadership, Reveals Shashi Tharoor
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    • Muthoottu Mini’s AUM Hits ₹4141.60 Cr in FY25
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    • Have Difference of Opinion with the Congress Leadership, Reveals Shashi Tharoor
    • Curating Comfort: Amit Roy on the Growth and Soul of Watson’s and Beyond
    • Knowledge-process Firm Aaneeta KPO Opens Office in Technopark

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