Agni Property launches the next paradigm in Business of Property in Indian Market
Agni Property today formally unveiled the next paradigm in the business property in Indian market in the presence of its board of directors Mr. Pranav Ansal, MD and Vice Chairman, Ansal API Group of Industries, Mr. Sunjay J. Kapur, Vice Chairman & M.D, Sona Koyo Steering Systems Ltd, Mr. Rishi Khosla, CEO, Copal Partners, UK and Mr. Samarjit Singh, MD, Agni Property & President APP in New Delhi.
Part of the Agni Group which has offices in India, London and a presence in Dubai, Agni Property is a one-stop real estate avenue offering an entire range of property related services which include buying, selling, renting, home loan and financing options, legal services and other value added services with a clear agenda for serving the purpose of the consumers.
At the launch of Agni Property, Managing Director, Samarjit Singh said, "Clients enjoy total peace of mind when buying, selling or leasing through Agni Property, since we undertake due diligence on every property to make sure there are no loose ends or unwanted surprises later on. What’s more, we treat all clients on par, be it an individual with a one-off sale or purchase requirement or a corporate with multiple requirements and repeat requests." He added furhter, "Currently, approximately 70 per cent of the Company’s equity vests with the promoters and management, while investors hold 30 per cent stake"
India’s first truly professional Property Broking Company, Delhi-based Agni Property is making its presence felt through planned offices in Mumbai (three), Delhi (two), Bangalore (two), Jaipur, Lucknow, Ahmedabad, Indore, Pune, Mysore, Chennai, Kolkata, Goa, and Hyderabad. Currently with four offices, in New Delhi, Gurgaon, Noida and Chandigarh, it will now open offices in the Western region in the first quarter of 2009-10 and, thereafter, the Southern region in the last quarter of 2009-10 at a total investment of approximately Rs60 crore across target regions. Following the hub-and-spoke model, the Company then plans to expand into tier II and tier III cities.
With offices in London as well as a presence in Dubai – which includes formal tie-ups with leading developers – international sales also contribute to the Company’s revenue, particularly considering the sizeable NRI (non-resident Indian) and PIO (person of Indian origin) population in these two cities.
In a short span since inception, Agni Property has more than 500 registered users and more than 100 completed transactions. The Company is already close to breaking even within 11 months.
To facilitate faster turnaround in deals and real-time responses across multi-city offices, Agni Property uses the latest technologies Agni Goldmine and Agni Magic. Whether a client is looking for the best commercial or residential deal, the company’s vast database, Agni Goldmine, comes up with multiple options at the click of a mouse. Agni Goldmine also includes a photo bank of all its available property listings as well as step-by-step 3D walkthroughs for a proper look and feel of the place. Even before a customer actually sets foot on a property, he can ascertain whether a property matches his personal yardsticks or not. This facilitates a client’s speedy decision on property purchase, within hours if required, where it once took weeks, months or years of often fruitless search.
With membership in NAR India (National Association of Realtors) and APP – Delhi NCR (Association of Property Professionals), Agni Property ensures that global best practices are followed internally, while simultaneously leading the way with other stakeholders such as the Gorvernment to usher the necessary regulations in the realty sector.
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Article Source: ArticlesBase.com - Agni Property launches the next paradigm in Business of Property in Indian Market