India Sotheby’s Intl Eyes 40% Revenue Growth

India Sotheby’s Intl Eyes 40% Revenue Growth
25/11/2020 , by , in News/Views

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.

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