RE/MAX India launches Exclusive Luxury Collection office in Mumbai .
Aspires to do business worth INR 1000 Cr within the next fiscal FY2019-20
Mumbai, June 8, 2019: The world’s largest real estate network RE/MAX has expanded its footprints by entering the prime Mumbai real estate market by launching RE/MAX Collection. The Mumbai chapter will focus on the premium homes segment along with commercial, renting and leasing services. This multi-billion dollar real estate networks and lifestyle company aims to earn INR 1000 Cr within the next fiscal FY2019-20. After successfully capturing the Surat and Hyderabad markets, this new venture will help the company gain its foothold in the financial capital of India.
The RE/MAX Collection will deal with high-end luxury apartments in the maximum city. With Mumbai’s steady growth and exceeding performance in the housing segment, RE/MAX will curate the finest properties under one roof. This will be the first ever exclusive venture in the city to cater to the ultra-luxury housing segment.
“We are delighted to come together with RE/MAX India. The RE/MAX Collection offers elegance, sophistication and much more to well-heeled homebuyers and sellers in the city. With key projects nearing completion and availability of abundant inventories, RE/MAX will strive to offer top-notch services to the home buyers community in Mumbai. Specialized marketing tools, sophisticated services, attention to detail, and a distinctive experience in dealing with luxury properties are among the many reasons of this collaboration and that is why I feel RE/MAX Collection will undeniably do well in the Mumbai real estate market. Said Prakash Patel, Broker owner.
RE/MAX India also launched first of its kind Relators training Programme in which the company will focus on skill development and training people who are interested in joining a professional career path in Real Estate. This endeavour would lead to more than 5000 self-employed entrepreneurs or real estate agents in the country by 2021.
On the launch, Mr. Gaurav Marya, Managing Director, RE/MAX India said “Mumbai has always been special to us. The city is steadily climbing the charts to be among the top 20 costliest real estate markets in the world. We have closely studied the sale and rent patterns in Mumbai and always wanted to take our premium services there. RE/MAX has earned the credibility of being trustworthy and knowledgeable through constant market researches. Mumbai is a ready market and the time is perfect to reap benefits with less effort. The RE/MAX Collection – luxury office will further strengthen our brand presence in Mumbai. With the advent of RERA and huge land parcels being opened up, doing business in Mumbai will be an exciting journey and a sheer delight.”
Commenting on training program, Mr. Marya said “With the aim & need to constantly endeavor to upgrade skills and competencies among the real –estate broking services RE/MAX being the pioneers of the world’s leading franchisors of real estate brokerage services feel the need and urge to successfully meet the growing expectations of aspiring entrepreneurs in Real Estate Industry. In this program Individuals would be learning, discussing and developing a common mission for themselves and industry as a whole. They would be trained about visioning the future of the real estate, and learning about strategic leadership.
Specialized marketing tools, sophisticated services, attention to detail, and a distinctive experience in dealing with luxury properties are among the many reasons why RE/MAX Collection will undeniably do well in the Mumbai real estate market. Right from investment assets to holiday homes across the world, RE/MAX has experience in dealing with a multitude of varied micro markets.
RE/MAX was founded in 1973, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 115,000 agents provide RE/MAX a global reach of more than 100 countries and territories. Nobody sells more real estate than RE/MAX, when measured by residential transaction sides. RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a wholly-owned subsidiary of RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc. (NYSE:RMAX).
In India, the RE/MAX concept combines maximum commissions and the best support services to attract top agents and will also increase the number of new entrants to the real estate industry. At RE/MAX, agents share office overheads, pay management fee, and in return receive a wide variety of real estate services like international as well as national referrals, high commissions, benefits from national as well as region centric advertising campaigns, superior training, professionalism and growing market share.