1. Indian real estate news

Berkshire Hathaway enters the Indian market

Berkshire Hathaway HomeServices entered India around two months ago and now they are working on the expansion plans. According to this ET news (source), they have plans to acquire local companies in India—a model that has worked for them for expansion in Spain, Germany and the UK.

Rafael Noriega, the managing director for global expansion says—”The company has a large exposure in commercial and property management as well as advisory business, and to expand in India, it is looking for local tie-ups.“Cooperating with local agencies is fundamental like we do in many other markets like Berlin and Milan,”

They are a very strong brand led by a visionary leadership. Shrey Aeren, the managing director and country head of Berkshire Hathaway Home Services Orenda India says—“We are also looking at co-working and data centre advisory. In the residential segment, we have done some tie-ups in Gurgaon where we will have exclusive international mandate. First year, we are looking at selling $300 million property,”

International real estate companies entering into Indian market with clear and strategic plans is a good sign for India’s commercial real estate landscape. They bring a wider perspective for the use of technology, and more business models that can only benefit the local market.

People reacted to this story.
Show comments Hide comments
Comments to: Berkshire Hathaway enters the Indian market

Write a response

Your email address will not be published. Required fields are marked *

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contact 9814210011, 9855063463, [email protected]

Join us today!

Join us for real estate industry updates, news, new projects, trends, reports, and new property updates.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

As the consumer products are becoming technology driven whether for connected devices at home, the voice technology, using integrated apps for house maintenance, it clearly impacts how you select a new home to buy in Mohali and Zirakpur. Whether you are looking for app enabled security system, the power consumption patterns, or the air quality […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]