PropUrban extends global reach with launch of offices in London and others

Image
ANI New Delhi [India]
Last Updated : Mar 15 2017 | 5:42 PM IST

After the successful launch, PropUrban, the Global Real Estate Investment Advisory, Transaction & Consulting (O2O - Online to Offline) platform, proudly announces the opening of its London, Dubai, Chennai and Hyderabad offices today. Headquartered in Bangalore, this milestone marks an important step for PropUrban in enhancing engagement and responsiveness to support the growth of its overseas business.

With offices in Chennai and Hyderabad, PropUrban aims to promote its channel partners' properties locally as well as in the global markets. On the other hand, PropUrban aims to target the NRIs and other investors who are looking at cross-border investments with their Dubai and London offices, like hand holding an investor in London looking to invest in Middle East markets and vice versa. The global advisory firm will also assist clients and sell UK inventory to Indian clients which will yield higher ROI.

"We're very excited about our new offices across, as it marks the next stage in our development and we look forward to continuing our growth at an even faster rate from our new base. Currently, we have collaborated with few prominent UK builders whose properties are being showcased to selected investors in India and the Middle East," said founder and CEO PropUrban.com, Mir Jaffer Ali.

"With RERA and the Demonetization drive, Indian real estate is poised to become more transparent and organized, thus, attracting several NRIs. With many Indians working in GCC and other countries it presents a huge opportunity to tap such clients who are looking to invest within India. Likewise, several HNIs and UHNIs are also exploring opportunities to invest overseas. PropUrban aims to cater to such clients. Meanwhile, within India, we have stretched our wings to other locations in the South to tap the market potential," added Ali.

PropUrban already has 8 employees in Chennai, seven each in Hyderabad and London and 10 in Dubai. Depending on the market scenario by August 2017, PropUrban plans to extend its team by recruiting another 50-60 employees for both local and international offices.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 15 2017 | 5:24 PM IST

Next Story