Square yards
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| Type of business | E-commerce, Real Estate |
|---|---|
| Available in | English |
| Founded | November 2013 |
| Headquarters | Gurgaon, India |
| No. of locations | 10 countries & 31 cities |
| Area served | India, UAE, Hong Kong, Singapore, London, Australia, Qatar, Oman, USA, and Canada |
| Founder(s) | Tanuj Shori, Kanika Gupta |
| CEO | Tanuj Shori |
| Employees | 1000+ |
| Website | www |
| Launched | November 2013 |
| Current status | Online |
Square Yards is a technology enabled transaction platform. It owns and operates the real estate aggregation and transaction portal squareyards.com and Square Connect mobile app for property brokers. The company claims to be the #1 pan-India distributor by revenues for primary residential real estate in India, and virtual monopoly in key NRI markets. It aggregates 6000 realty projects of around 500 developers and builders and distributes around 27,000 different configurations of homes. It also has a network of 15,000 brokers in 31 cities in India and overseas.
The company has a presence in 10 countries including India, UAE, Qatar, Oman, Singapore, UK, Hong Kong, Australia and Canada. Its customers are serviced by Portfolio Managers and Relationship Managers (like private banking) with Property purchase Documentation, Home Loan/Mortgage Support, Taxation & Legal services, Portfolio management and restructuring etc.
In November 2016, Square Yards raised $12 million from Reliance ADAG group in series A round. Earlier in 2015, Squareyards had raised $11 million in pre-Series A funding from a clutch of investors based in Singapore and Hong Kong.
Square Yards was founded in 2013 by Tanuj Shori, an alumnus of Indian Institute of Management- Lucknow, ex banker with Nomura and Lehman Brothers, and Kanika Gupta in Hong Kong. It is headquartered at Gurgaon, India.
Ṭhe duo spotted an opportunity in NRIs. Many wished to invest in Indian real estate but did not have access to unbiased information to do research and requisite support and post transaction services. When they found the NRI demand flowing in, the company quickly expanded base in India by establishing offices in top metro cities and building relationships with top developers. Over the next one-and-half years, Square Yards established its presence in 15 Indian cities and five countries and claimed to have gained a virtual monopoly in the NRI markets of Singapore, Hong Kong, Dubai, Abu Dhabi and London.
Kanika Gupta was awarded as "Women Super Achiever in Real Estate 2015-16" by Realty Fact Magazine.
Squareyards was awarded as 'The World's Greatest Leaders -Asia & GCC 2015','Corporate Real Estate Marketing Company 2014' by Accommodation Times, 'Realtor Of The Year 2014' by Realty PLUS 'Real Estate Startup Of The Year 2014' by Silicon India, 'Young Achiever Of The Year 2014' by Franchise India and 'Company Of The Year 2015' by Silicon India.
Square Yards has its Indian offices in Gurgaon, Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, Noida, New Delhi, Pune, Navi Mumbai and international offices in Abu Dhabi, Dubai, Sharjah, Hong Kong, Singapore, Toronto, Vancouver, London, Doha, Muscat and Sydney. It has sourcing tie-ups in Malaysia, South Africa, Thailand, USA, and Saudi Arabia.
In November 2016, Squareyards opened its offices in Vancouver and Toronto
In Jan 2016, Squareyards opened in its offices in Australia and Muscat
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