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Emaar celebrated its special relationship with Square Yards and other proptech players of the world in a grand style. Brand ‘Square Yards’ was featured on the iconic Burj Khalifa among the top global real-estate players! It’s the first Indian company to achieve this feat. At the ‘Annual Broker Awards 2020’ by EMAAR last Sunday, Square Yards was ranked 10th as the ‘Best Performer of the Year’ for its outstanding performance in terms of revenue generated for Emaar. The fastest growing real-estate broker has been relentlessly working hard towards capturing the market share and expanding its business across various related domains of the real-estate world. Square Yards platform has been offering integrated consumer experience for years now. It has excelled in many dimensions of the real-estate sector in 10 odd countries around the world. Square Yards has surely made yet another international mark! Watch Video Below : –
19-02-2020Square Yards, India’s foremost property brokerage brand, efficaciously sold over 400 housing units worth more than Rs 200 crore in the last 10 days despite the ongoing nationwide lockdown. For enabling hassle-free and end to end real estate transactions, Square Yards launched a one of its kind digital platform. With the deployment of this platform the company has sold 420 units that were valued between ₹ 200 Crore to ₹ 250 Crore. Non-Resident Indians (NRI’s) contributed to 50 percent of the sales while Godrej Properties housing projects in Delhi-NCR and Pune contributed the maximum to its sales volume. This smart digital platform automatizes the complete value chain of a real estate transaction, catering to online virtual tours and 3-D walkthroughs, a real-time inventory blocking engine integrated with payment gateways and post-sales modules for submission of online applications with digital signatures. Anil Ambani-led Reliance Group’s private equity arm had invested USD 12 million in Square Yards back in November 2016. In September 2019, Square Yards raised USD 25 million through preferential issue of equity shares to investors including Times Group. Square Yards, since its inception in 2014 has raised USD 50 million in equity and over USD 25 million in debt financing. The company had clocked revenue of Rs 220 crore in the 2018-19 financial year. For a detailed report on this read the articles we were featured in: Outlook India: https://bit.ly/3dP7bGv Business Standard: https://bit.ly/3aGRPBI Published Date: 01 APRIL 2020
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