Sotheby’s International Realty is growing brand in India

Sotheby’s International Realty is growing brand in India
Jan 2016 , by , in news old, News/Views

North India Sotheby’s International Realty has said that we are extremely proud to be responsible for growing the Sotheby’s International Realty brand in India.

North India Sotheby’s International Realty is the Indian arm of the US-based brokerage firm Sotheby’s International realty network.

“North India Sotheby’s International Realty offers extraordinary real estate opportunities and we frimly believe that our experience and relationship will help make this a great success,” said Philip A White, President and CEO for Sotheby’s International Realty.

Plans for India

North India Sotheby’s International Realty President Ashwin Chadha has said that 2016 is certainly an exciting year for us as we are set to achive some signification milestones and further expand our growing tea. We are incredibly optimistic about the year ahead as well as our continued business expansion.

“With both rupee depreciating against dollar and price softening, North India Sotheby’s International Realty expects a surge in investment by NRIs in Indian real estate sector as it offers excellent investment opportunity,” he added.

At the same time, ultra-high net worth individuals from India will pursue opportunities for stable residential real estate investment growth in major urban hubs abroad.

“Our affiliation with Sotheby’s International Realty allows us to offer our clients access to extraordinary properties locally and around the world while still providing the highest level of service,” said Amit Goel CEO, North India Sotheby’s International Realty.

Brokerage firm has said that Indians are the third biggest international investor community with $8 billion investment in the US realty market after Canadians and Chinese.

However, Indians have invested more than $2 billion in the Dubai real estate market in the first half of 2015 only.

On August 2014, Sotheby’s International Realty had signed an agreement with Indian firm RealPro Infra Pvt Ltd and established its Indian arm under the name North India Sotheby’s International Realty, which caters to the luxury real estate demands of resident and global Indians.

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