Agni goes pan India with its property broking biz

Published: April 8, 2009

New Delhi: Realty broking firm Agni Property will invest Rs 60 crore for making a pan India presence in the next one year. Agni Property, which claims to be India’s first professionally managed, real estate and property broking company, currently present in the northern region, has planned to open offices in the western and southern states in the next financial year.

Founder and MD of Agni property, Samarjit Singh revealing his idea about the professionally managed broking company said that his capabilities in the services sector and the potential in the real estate market were the main driving forces to go for this venture.

“I have an expertise in the services sector. Moreover real estate is one segment in India where there are hardly any professional players in the property services and remains largely untapped,” Singh illustrates.

Talking about the expansion plans, Singh underlines that the company would primarily focus on Tier II and Tier III cities. Talking about the business potential lying in the middle class buyers, Singh feels Agni’s business model is buoyant enough to do well in the non-metros too.

“Out target is the middle class people spanning across 21 state capitals and other industrial hub,” Singh states.

When asked how a professional brokerage company would make a difference to the presence of already available but segmented market, in terms of broking services, Singh says that the company offers a range of real estate-related services, including buying selling, renting, finance options and legal services under one ‘brand name’ which gives it a distinction over the rest. “Our idea is to have a complete market transformation by thoroughly professionalizing services and boosting the confidence of the common people in the property sector,” Singh specifies.

“Clients enjoy a complete peace of mind while buying, selling or leasing through Agni Property, since we undertake due diligence on every property and strive hard to ensure that there are no loose ends or unwanted surprises later on,” Singh concludes.

Source: Indian Express

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