Sotheby’s International Realty Affiliates LLC will soon have presence in India, having signed an agreement with RealPro Infra Private Ltd. to develop the brand.
RealPro Infra co-owner and CEO Amit Goyal will open the first North India Sotheby’s International Realty office in New Delhi in September, the companies said. Offices in Gurgaon, Noida, Chandigarh and Jaipur are also planned.
“The luxury residential real estate market in India is beginning a period of expansive growth, and the Sotheby’s International Realty brand will meet the needs of high net worth individuals internationally looking for luxury homes in India and overseas using the brand’s global platform,” Goyal said in a statement. “We also envision future appointments of exclusive representation of luxury residential properties. India’s luxury residential market is poised to grow rapidly, supported by strong economic growth, and we are in an ideal position to lead this growth by leveraging the Sotheby’s International Realty global platform.”
The Sotheby’s International Realty network has more than 15,000 affiliated sales associates in 52 countries and territories worldwide. North India Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.
“Northern India is one of the most exciting, beautiful and fastest-growing markets in the world, with a developing luxury real estate market,” said Philip White, president and CEO of Sotheby’s International Realty, in a statement. “Expansion into India was one of our core objectives for this year, and I am proud to welcome Amit and his team to our global network.”