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Indian realty platform Square Yards plans expansion

By John Michonski 0 Comments NEWS, Market News

 

Indian aggregation platform Square Yards has announced plans to expand globally, with vertical and geographic expansion in mind.

The company is planning to expand to Bahrain, Kuwait, and the Netherlands in the coming weeks, increasing beyond their current 10 country portfolio.

Square Yards has posted an 84% increase in the past year, closing 11,000 deals across the world and logging growth of 116% year-on-year.

"This was our third successive year of almost 100% growth in most of the key metrics. The healthy performance in 2017, despite big-time reforms like GST & RERA that caused disruption in the market, is on account of all our business verticals including real estate, mortgages and the broker aggregation," said Tanuj Shori, CEO of Square Yards.

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