Hyderabad: By middle of 2008, Wizard Home Loan, a joint venture of GE Money and the Australia based home loan company is planning to add six new cities to its existing business network. Wizard home loan provides Loan against property, home loan refinance and debt consolidation services in addition to its most popular product - the home loan. Launching the company's operation in Hyderabad, Egisto Franceschi, CEO Wizard Home Loans said, “We want to become the most-preferred home loan provider in India with highly competitive pricing.”

According to a study commissioned by the company to understand the dynamics of home loan market in India, consumers in India want competitive pricing, personalized service and expert service. Wizard Home Loans is capable of providing these services to customers in India. The research further pointed towards Hyderabad as a potential real estate market. “In view of this, we have chosen Hyderabad as the second city to launch operations,” he added.

Wizard takes the hassles out of the process of buying a new home. Wizard's dedicated lending manager explains the intricacies of home loans to a customer. A home loan from Wizard can be had in just four days making it one of the fastest turnaround times for home loan approval. Wizard home loans had taken the home loan market in India by storm when it announced a home loan at 9.99 percent in September 2007. Besides lending for the property, Wizard also provides loans for the fixtures and furnishings used in home decor. Customers can have a home loan of up to 90 percent of the property value and can extend the repayment terms up to 25 years in some cases.

Presently Wizard Home Loans is having its offices in Delhi, Noida, Gurgaon, Faridabad, and Hyderabad. The addresses of these offices are listed below for the convenience of our readers:

Wizard - Delhi

• 62, Dayanand Marg, Darya Ganj, New Delhi– 110 002
• A-17, Northex Mall, Rohini Sec-9 Delhi
• F - 14, Plot No 13, Manish Mega Plaza, Sector - 5, Dwarka, New Delhi -110075
• 4/5 B, Asaf Ali Road, New Delhi -110002.
• G - 9, Shivam House, Commercial Complex, Karampura, Opp Milan Cinema, New Delhi -15.
• Shop No. 13, LSC, B- 8 & 9, Vasant Kunj, (Opp. G.D.Goenka Public School), New Delhi - 110070.

Wizard - Gurgaon

• Shop No. SG - 4 , Galleria Market , DLF Phase - 4 , Gurgaon - 122002
• 140, First Floor, DT Mega Mall, DLF CITY - 1, Gurgaon
• SCF 92, First Flr, Main Market, Sector -14, Gurgaon.

Wizard - Noida

• UG-20, Parasvnath Plaza, Sector – 27, Noida, U.P

Wizard - Faridabad

• SCF No.6, Ground Floor Sector 17 Faridabad, Near Ekant Restaurant

Wizard - Hyderabad

• S-30, Shop No. 3&4, Shree Rama Towers, Kukuatally, Main Road, Hyderabad - 500072
• 3-12-64, Balaji Nagar, Near Kamineni Hospitals, L.B. Nagar, Hyderabad-500068
• Shop No. 1&2, 1 - 98/90/24/2 & 3, Near Indian Oil Petrol Station, Ayyappa Society Road, Madhapur, Hyderabad - 500033