REBI plans realty chain in East

Real Estate Bank India (REBI), is planning to set up 3,000 franchisees across the country, with about 48 outlets in West Bengal in the next few years.

Across the eastern region, REBI would open 200 stores, said Hemant Sikaria, regional head of REBI, on the occasion of launch of two-day expo, Franchise Expo 2008-09.

This would be a platform for entrepreneurs and business houses to explore business opportunities in real estate.

REBI was present in places like Bangalore, Bhubaneshwar, Chennai, Coimbatore, Delhi, Hyderabad, Jabalpur, Jaipur, Lucknow, Ludhiana, Mysore, Surat, Trichy, Truvandrum and Varanasi.

“India’s realty segment is the only industry with a track record of 30-35 per cent growth per year in terms of investment. With the realty sector booming in east, we are confident that to be able to provide solutions to all real estate requirements of the people here,” Sikaria said.

REBI provides a single window service for brokerage services, financial services, database services and relocation services.

REBI claimed it had tie-ups with organizations like KPMG and TCS to leverage on their business process validation and technology platform.