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Square Yards expands presence in Malaysian market

Press Trust of India  |  Mumbai 

Realty portal Square Yards today said it has expanded its presence in the Malaysian market by opening another office in

Along with the international expansion, the company is also expanding in upcountry and tier 2 locations within and has opened eight new offices in cities like Lucknow, Kanpur, Patna, Ghaziabad, Dehradun, Meerut, Varanasi and Allahabad, Square Yards said in a statement here.

With this expansion, Square Yards has now extended its reach to 10 countries and 32 cities across the world. It already has offices in major international hubs such as Dubai, Singapore, Hong Kong, London, Sydney and Toronto, among others.

"has a sizeable Indian Diaspora of almost two million, many of whom would prefer investing back in We would also be assisting them in considering local Malaysian properties as well as other attractive international property options such the UAE, and Australia," Square Yards Principal Partner Sopan Gupta said.

On the domestic front, he said, "Affordable housing is what is driving housing demand in Tier 2 cities. Many new housing projects in these cities offer ticket sizes that fit within the parameters of affordable housing.

"These projects are sought after not only by local residents, but also investors from metros and overseas. With our network of offices, we will be able to provide seamless services to such investors."

Going forward, the company plans to increase its footprint to 15 more tier 2 cities in and at least five more international cities, Gupta said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 15 2017. 16:57 IST