The latest to be lured by the real estate boom in India is the internationally-acclaimed Sotheby’s International Realty Affiliates LLC who recently signed an agreement with RealPro Infra Private Ltd. to develop the brand in North India. The first North India Sotheby’s International Realty office is slated to open in September 2014 in New Delhi. Besides the one in the capital, offices in Gurgaon, Noida, Chandigarh and Jaipur are also on the cards.
Philip White, President and Chief Executive Officer, Sotheby’s International Realty Affiliates LLC explaining his focused interest in North India said that, “Northern India is one of the most exciting, beautiful and fastest growing markets in the world, with a developing luxury real estate market.” The luxury real estate brand, today boasts of over 15,000 sales associates spread over 720 offices in 52 countries and territories worldwide. In India, the listings for India Sotheby’s International Realty can be found on sothebysrealty.com.
Amit Goyal, co-owner and chief executive officer of the firm believes, “The luxury residential real estate market in India is beginning a period of expansive growth and the Sotheby’s International Realty brand will meet the needs of high net-worth individuals internationally looking for luxury homes in India and overseas using the brand’s global platform. We also envision future appointments of exclusive representation of luxury residential properties. India’s luxury residential market is poised to grow rapidly, supported by strong economic growth, and we are in an ideal position to lead this growth by leveraging the Sotheby’s International Realty global platform.”
[Via – PR-Newswire]