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On Financial Times ranking report of 500 high-growth companies from the APAC region, Square Yards, India’s foremost property brokerage brand was featured as one of the fastest-growing companies in terms of generating revenue over the last 4 years. With businesses shifting their focus from scale to survival amid the market slump, Square Yards efficaciously thrived as a high-growth business and proved itself resilient over the coming years. This highlight is a robust indication of the annual endeavour of companies that make an exemplary contribution in a challenging economic environment. The FT’s ranking of 500 high-growth companies from the APAC region comes at an inauspicious time for businesses. The FT list was compiled with Statista, a research company that ranks entrants from across the Asia-Pacific by compound annual growth rate (CAGR) in revenue between the years 2015 and 2018. India was one of the countries that provided 140 of the companies on the list, more than any other country. Despite the nationwide lockdown, Square Yards successfully sold properties through one of its kind digital platform. Starting from presales with online virtual tours & 3D walkthroughs, this digital platform is integrated with multiple payment gateways and post-sales modules for submission of online applications with digital signatures for a hassle-free home buying (Buy Property Online) process. Square Yards has tied up with some of the leading real estate developers for its digital platform and offered exclusive offers on properties, the company facilitated hundreds of Digital Home Sales globally during this lockdown. During this economic uncertainty when several businesses across the globe were reeling under the pressure to withstand, Square Yards unprecedently sailed smoothly through these barriers to surge ahead of its competitors. The company has been doing tremendous business and in the coming months, it endeavours to capture a large chunk of the market before the closure of this fiscal year. For a detailed report on this read the articles we were featured in: Financial Times: https://on.ft.com/2xEVDFF Published Date: 21 April 2020 The post Square Yards featured amongst the Asia-Pacific High Growth Companies Amid Economic Uncertainty appeared first on The Square Times.
22-04-2020Long before the era of global lockdowns, organizations had been transforming value chains and processes through technology products and global distribution networks to shield their business models and sustain from the downturn. India’s largest real estate platform, Square Yards has been diligently working to position itself across the ecosystem and diversifying its roots across locations, target segments and products to help leverage the synergies. Square Yards backed by technology and a large global distribution footprint, has not only been able to continue its strong sales momentum through the current crisis but has also set outstanding record by achieving highest monthly transaction numbers amid the Lockdown. The prop-tech startup successfully sold over ~3100+ units online, worth INR ~1600+ crore, during the lockdown period. Its market share of various top developers’ distribution portfolios has exponentially moved from 5-20% to 60-70% over the last 3 months; while the overall market share has moved up from ~3% to ~15-18%. Square Yards since its inception has witnessed exponential growth and within the first few years became India’s largest Digital Real Estate brokerage and mortgage marketplace. Square Yards today ranks as a top 20 consumer tech start-ups in India in terms of GTV (~USD1bn+), top 50 in terms of revenue (~USD45mn) and is one of few Indian start-ups which has successfully expanded globally across 9 countries. The proptech start-up was recently featured in the Financial Times ranking of 500 High Growth companies in APAC and among the top 50 Fastest Growing Companies in India by Economic Times – Statista. Square Yards’ tech, uses a combination of search and discovery tools like heatmaps, recommendation engines, advanced 3D visual aids, virtual sales offices in mobile apps, bird’s eye views of neighbourhoods, enabling real estate sales personnel to easily conduct property showings remotely through integrated video conferencing. On the transaction front, Square Yards facilitate fully secured online payment gateways that make bookings and future instalment payments more secure, while digital signatures, enabled on all soft legal Property ownership paperwork make the process easier than conventional sales. Square Yards continues to work hard and position itself as a leader in consolidating this fragmented market through technology, passion and a core philosophy of action over ideas. For a detailed report on this read the articles we were featured in: The Economic Times – https://bit.ly/3hBPgoK Published Date: 11th Jun 2020 The post Square Yards is all set to capture market share and build an integrated ecosystem using Technology appeared first on The Square Times.
16-06-2020
