Thursday, Sep 24, 2020 | Last Update : 07:20 PM IST

184th Day Of Lockdown

Maharashtra122438091634833015 Andhra Pradesh6317495518215410 Tamil Nadu5473374919718871 Karnataka5268764233778145 Uttar Pradesh3588932895945135 Delhi2492592133045014 West Bengal2283021989834421 Odisha184122149379763 Telangana1726081419301042 Bihar169856155824870 Assam159320129130578 Kerala13863398720554 Gujarat1247671051913337 Rajasthan116881972841352 Haryana113075908841177 Madhya Pradesh108167836182007 Punjab99930754092860 Chhatisgarh8618347653680 Jharkhand7267358543626 Jammu and Kashmir65026421151024 Uttarakhand4177729000501 Goa2875322726360 Puducherry2319118065467 Tripura2227215441245 Himachal Pradesh124387836125 Chandigarh102987411123 Manipur9010683859 Arunachal Pradesh7385540813 Nagaland5544445110 Meghalaya4733252838 Sikkim2447190529 Mizoram158510120
  Business   Companies  28 Apr 2019  Brokerage firm 360 Realtors to hire 1,000 people this fiscal

Brokerage firm 360 Realtors to hire 1,000 people this fiscal

PTI
Published : Apr 28, 2019, 6:04 pm IST
Updated : Apr 28, 2019, 6:04 pm IST

The company sold 6,000 units worth Rs 4,100 crore during 2018-19.

360 Realtors competes with of PropTiger.com, ANAROCK, Square Yards among others in organised property brokerage business. (Representional Image)
 360 Realtors competes with of PropTiger.com, ANAROCK, Square Yards among others in organised property brokerage business. (Representional Image)

New Delhi: Property brokerage firm 360 Realtors will hire 1,000 employees this fiscal year and is actively looking for acquisition in the US market to grow its business in India and overseas, a top company official said.

Gurugram-based 360 Realtors currently has over 50 offices across India and overseas with a sales force of more than 1,000 people. Its revenue grew by 46 per cent to Rs 152 crore during the last fiscal. The company sold 6,000 units worth Rs 4,100 crore during 2018-19.

 

"We have set a target to sell 12,000 units this fiscal. To achieve this, we need people. We will be hiring about 1,000 people this financial year," the company's founder and MD Ankit Kansal told PTI.

With 30 per cent of sales in value terms coming from non-resident Indians (NRIs), he said, the company is actively looking to acquire a brokerage firm in the US to market Indian properties.

The discussions are underway with some of the US-based brokerage houses that are marketing Indian properties in America.

360 Realtors competes with the likes of PropTiger.com, ANAROCK, Square Yards, Investor Clinic and Wealth Clinic in the organised property brokerage business, which has now come under the ambit of new realty law RERA (Real Estate Regulatory Authority).

 

On the overall real estate market, Kansal said, it has once again started turning bullish on the back of regulatory reforms and healthy economic growth.

"Developers are also coming up with numerous attractive schemes such as developer subvention, attractive prices and freebies, thereby giving a buying boost," he added.

Kansal said, housing prices are likely to remain stable for at least another 6-8 months. Over the last year, the company has incubated verticals such as a unique broker aggregation platform, strategic advisory services for developers and a media house to achieve higher growth, he said.

Tags: rera, real estate regulatory authority, 360 realtors
Location: India, Delhi, New Delhi