Square Yards mentioned in a press release that it has tied up with over 5,000 impartial actual property places of work to set up co-branded shops throughout high 8 cities below most well-liked accomplice program.
These shops include Square Yards branded signages, offering id to accomplice brokers, amplifying their visibility within the space and rising client footfall, it mentioned.
These companions additionally get most well-liked entry to all merchandise in Square Yards’ ecosystem equivalent to unique stock from grade-A builders, mortgage platform, house furnishing and property administration providers.
Square Yards has recognized most well-liked companions from its current 1,50,000+ agent companions who’ve registered on its mobile-based aggregation platform Square Connect.
Tanuj Shori, Founder and CEO of Square Yards, says, “We have opened our tech platforms to all agents who get free listings plus leads for lifetime in addition to state-of-the-art CRM and marketing tools.”
Under the popular accomplice program, he mentioned the brokers would get full branding and marketing support from Square Yards to enhance their on-line and offline presence.
“We aim to take the number of these co-branded stores to 30,000 by the end of next financial year,” Shori mentioned.
There are shut to 1.5 million impartial actual property brokers in India who contribute to roughly 70 per cent of the brand new house gross sales, nearly 100 per cent of the prevailing house gross sales and 80 per cent of all rental transactions within the nation, the assertion mentioned.
Square Yards is an built-in platform for actual property and mortgages. It gives full providers — search and discovery, transactions, mortgages, interiors, rentals, property administration and post-sales providers.
Square Yards has up to now raised USD 50 million in fairness and over USD 25 million in debt financing since its inception in 2014.