Sotheby International come together with Delhi based realty group
Betting big on Indian realty, Sotheby’s International Realty Affiliates LLC — a group company of global auction house Sotheby’s International — has signed an exclusive agreement with Delhi-based real estate consultancy firm RealPro to develop its brand in India by setting up a brokerage firm.
North India Sotheby’s International Realty is set to start operations in New Delhi from September 2014. Later, it will expand to Gurgaon, Noida, Chandigarh and Jaipur. India is one of the most exciting, beautiful and fastest growing markets in the world, with a developing luxury real estate market said Philip White who is the president and chief executive officer, Sotheby’s International Realty Affiliates LLC.
This deal in between a Delhi based real estate consultancy and Sotheby International Realty Affiliates will be helping in changing rather reforming the realty scenario in NCR. Since the past few months the realty market here has been experiencing a low turnover. This is being definitely expected to change. The partnership with this international realty affiliation will help the Delhi based property brand to enhance its brand name as they will be associated with the former.
Source: The Times of India
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