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The Reserve Bank of India’s decision to maintain the status quo for the second time is a welcome move and in line with the expectations. This affirms the view that interest rates will only have one direction which is downwards. This is a big positive for the home buyer as they know that their EMIs down the line will only decrease further. A lot of fence sitters are expected to jump in, and the developers are likely to cash in on this pent-up demand. We firmly believe that we are at the ...
Reaction on RBI Policy By Piyush Bothra, Square Yards
Below View On RBI Policy By Piyush Bothra, Co-founder and CFO, Square Yards The Reserve Bank of India’s decision to maintain the status quo for the second time is a welcome move and in line with the expectations. This affirms the view that interest rates will only have one direction which is downwards. This is a big positive for the home buyer as they know that their EMIs down the line will only decrease further. A lot of fence sitters are expected to jump in, and the developers...
Reaction on RBI Policy By Piyush Bothra, Square Yards
Square Yards, India’s largest integrated real estate platform, announced today that it has clocked a GAAP revenue of Rs 670cr in FY23 with 70% Y-o-Y growth over the last financial year. The Gross Transaction Value (GTV) stood at INR 22,870 Cr, up 67% Y-o-Y while the number of transactions doubled during the year. The company outperformed its FY23 forecast by 11%, achieving its fastest growth year and most profitable quarter ever. Q4, FY23 revenue stood at Rs 236.6cr, up 58% Y-o-Y as ...
Square Yards Reports Record Revenue of Rs 670 Cr in FY23; Achieves Impressive 70% Y-Y Revenue Growth and Profitable Q4
Mr. Rahul Purohit, National Sales Head, Square Yards Auspicious days like Navratri have ignited the homebuying binge in North India as Gudi Pawda and Ugadi in western and southern parts. Considered a good time to invest in assets for long-term, such occasions witness enhanced buyer activity and property sales. Developers in these regions have once again coincided their launches with this festive period and clubbed their inventory offerings with attractive deals and offers to woo potential ...
Developers are leaving no stone unturned to rein in maximum homebuyers and register bountiful property sales Says Mr. Rahul Purohit
Bangalore, Karnataka, India: International Brand Equity (IBE) announces India’s Best Real Estate Brands List 2022–2023, an annual study conducted by International Brand Equity's consumer choice brand research team across major cities in India to analyze the most successful real estate brands The complete list of 2023 India's 100 Best Real Estate Brands will be announced on March 24, 2023, during the inaugural ceremony of the IBE's "8th India Property Awar...
International Brand Equity Announces India's Best Real Estate Brands List 2022 - 2023
Mumbai: Square Yards, India’s largest proptech platform, announced the launch of its Real Estate Metaverse, a fully immersive and interactive real world like environment that allows users to explore real estate on a digital twin of an entire city, visualize the neighborhoods in a 3D built environment and walk in as an avatar interacting within a collaborative marketplace. Square Yards has been granted multiple global patents on immersive, virtual & collaborative e...
Square Yards unveils Real Estate Metaverse; Industry leaders to embrace the Digital Revolution
Below is quote on Budget Expectation by Mr Piyush Bothra, Co-founder and CFO, Square Yards Real estate is one of the most important sectors for growth and job creation. This sector has seen positive trends after a prolonged bear phase and expects a good handholding in the upcoming Union Budget 2023 from the government at this critical juncture. Given the rising interest rates and overall inflation, property buyers want the standard Rs 2 lakh tax deduction on interest paid on...
This sector has seen positive trends after a prolonged bear phase and expects a good handholding in the upcoming Union Budget 2023 Says Mr Piyush Bothra, Square Yards
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