Real estate advisory company IndiaHomes has entered into a JV with UK based Unesta, a specialist property consultancy. This new JV would be offering a complete range of services to NRIs and PIOs for buying real estate in India.
Unesta.com, powered by IndiaHomes will be launching online portal to serve the NRI buyers who are interested to invest in Indian properties.
The new venture is built upon IndiaHomes’s extensive plans to have a global footprint. Under the joint venture agreement, ‘Unesta Homes’ will be setting up offices in all major cities in the UK, US, UAE and Singapore.
Related Article: News Roundup: 7 Stories You Don’t Want To Miss This Week [17-22 Nov]
Samarjit Singh, Managing Director, IndiaHomes, said, “By partnering with Unesta, IndiaHomes is taking a step forward to expand its global reach. This is particularly exciting, in context of capturing the growing influence of NRIs in the Indian Real Estate market.”
“We couldn’t have found a better partner than India Homes. In addition to being India’s No. 1 real estate advisory company, the company also shares Unesta’s aspiration to make the experience of buying property in India hassle free for NRIs”, said Vikram Goyal, CEO, Unesta.
IndiaHomes offers a complete turnkey of services to its customers in both the primary as well as secondary real estate market. It also help customer in getting bank loans apart from core buying/selling/rental of residential properties. The entire range of service is offered free of cost to the customer. Earlier this year, it had raised INR 150 Cr. in a funding led by New Enterprise Associates(NEA) and existing investors Helion and Foundation Capital.
However, as per a report by Techcircle, IndiaHomes has acquired Unesta for $2 Mn.