The youngest NBFC on the banking street, Aavas Financiers, is today one of India’s fastest growing semi-urban and rural-focused housing finance companies. We believe that the Jaipur-based eight-year-old entity is the next Gruh Finance in the making, a stock that has not only created considerable shareholder value, having not only risen 70x over the past 10 years, but has also become the poster boy of semi-urban housing finance.