PropUrban extends global reach with launch of offices in London and others

New Delhi [India], Mar 15 : After the successful launch, PropUrban, the Global Real Estate Investment Advisory, Transaction (and) Consulting (O2O - Online to Offline) platform, proudly announces the opening of its London, Dubai, Chennai and Hyderabad offices today.

Headquartered in Bangalore, this milestone marks an important step for PropUrban in enhancing engagement and responsiveness to support the growth of its overseas business.

With offices in Chennai and Hyderabad, PropUrban aims to promote its channel partners' properties locally as well as in the global markets.

On the other hand, PropUrban aims to target the NRIs and other investors who are looking at cross-border investments with their Dubai and London offices, like hand holding an investor in London looking to invest in Middle East markets and vice versa.

The global advisory firm will also assist clients and sell UK inventory to Indian clients which will yield higher ROI.

"We're very excited about our new offices across, as it marks the next stage in our development and we look forward to continuing our growth at an even faster rate from our new base.

Currently, we have collaborated with few prominent UK builders whose properties are being showcased to selected investors in India and the Middle East," said founder and CEO, Mir Jaffer Ali.

"With RERA and the Demonetization drive, Indian real estate is poised to become more transparent and organized, thus, attracting several NRIs.

With many Indians working in GCC and other countries it presents a huge opportunity to tap such clients who are looking to invest within India.

Likewise, several HNIs and UHNIs are also exploring opportunities to invest overseas. PropUrban aims to cater to such clients. Meanwhile, within India, we have stretched our wings to other locations in the South to tap the market potential," added Ali.

PropUrban already has 8 employees in Chennai, seven each in Hyderabad and London and 10 in Dubai. Depending on the market scenario by August 2017, PropUrban plans to extend its team by recruiting another 50-60 employees for both local and international offices.

Source: ANI