India Sotheby’s Intl Eyes 40% Revenue Growth
India Sotheby’s International Realty expects 40 per cent growth in revenue during this fiscal as demand for ultra-luxury homes priced above ₹5 crore has improved in the last six months despite the Covid-19 pandemic.
India Sotheby’s International Realty, an exclusive master franchisee of US-based Sotheby’s International Realty, offers advisory services for luxury properties. To gain market share, the company has grown the team strength by over 30 per cent since the Covid-19 pandemic began. The deal sizes in the UHNIs category have ranged between ₹65 crore and ₹100 crore plus in the last three to four months and the momentum of high-value transactions would continue next year.