Square Yards News Today

Square Yards also has a presence in Dubai and some other countries, Its revenue stood at Rs 672.4 crore in the preceding 2022-23 fiscal.

Square Yards reported robust financial performance in FY 24, achieving EBITDA profitability and strong revenue growth. Tanuj Shori leads the company with diverse revenue sources. The company targets further growth in FY25.

Delhi-based proptech startup Square Yards, which is expected to file its listing documents with capital markets regulator soon, has topped the $100-million (Rs 834 crore) ......

In MMR, including Mumbai real estate market, micro-markets like Virar West, Ulwe, Kandivali West, and Badlapur East reported around 5,000 residential transactions valued over Rs 2,400 crore.

Moneytree Realty, a real estate brokerage firm, aims for Rs 500 crore in sales during its first year of operation, focusing on residential transactions. The company has partnered with prominent developers in Delhi-NCR and Mumbai, leveraging the thriving residential segment. Initially targeting Delhi and Mumbai, Moneytree Realty aims to capitalize on increased demand in areas like Noida and Gurgaon, where transparency brought by RERA has boosted buyer confidence.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Integrated real estate platform Square Yards reported a revenue of Rs 247 crore during Q3 FY24, marking a 53% YoY increase. The Gross Transaction Value (GTV) reached Rs 10,574 crore, up 85% YoY, contributing to the companys 9-month revenue for FY24, which now stands at Rs 644 crore. Fintech and real estate services fueled the momentum, constituting 90% of the overall revenue. Financial Services exhibited a 2x growth run rate of USD 300 million disbursals per month, while real estate services pic...

Budget News: Realtors on Thursday hailed the Budget proposal of launching a scheme to help middle-class people buy or build their own homes, saying this will boost demand for residential properties and help in the overall growth of the real estate sector.

Advocates say it is necessary to penalise and make real estate agents share the responsibility in home selling as they are important mediators in terms of transactions.

India Business News: SEBI's decision to allow Small and Medium REITs will propel the growth of fractional ownership of rent-yielding real estate assets. Proptech platforms