The company's strategic focus includes showcasing premium properties in 14 Tier 1 cities such as Delhi, Mumbai, Hyderabad, Bengaluru, and Chennai.
With a thriving demand for upscale properties in India, the luxury real estate market is experiencing a renaissance post-COVID. In response to this trend, Forbes is set to make its mark in the Indian real estate sector with the introduction of India Forbes Global Properties. This extension of Forbes Global Properties is tailored for high-net-worth individuals, investors, and real estate enthusiasts, providing exclusive access to a meticulously curated collection of sought-after properties.
The company's strategic focus includes showcasing premium properties in 14 Tier 1 cities such as Delhi, Mumbai, Hyderabad, Bengaluru, and Chennai, aligning with the heightened demand for upscale living post-pandemic.
Michael W. Jalbert, CEO of Forbes Global Properties, expressed excitement about the vast opportunities India presents to discerning buyers. Matt Beall, Board Chair, echoed this sentiment, highlighting the platform's commitment to presenting a diverse range of properties that reflect India's rich cultural heritage.
A.K. Sharma, Chairman of India Forbes Global Properties, shared his delight in launching Forbes Global Properties in India, aiming to epitomize luxury in the country's real estate. Mona Vij, Director of India Forbes Global Properties, highlighted Forbes' aspiration to set new standards and establish a global benchmark for luxurious living in India.
The platform's initial offering will be in New Delhi, featuring a 7-acre plot with a high-end retail street, club, and a luxurious hotel. Additionally, a partnership with Orange Smart City in Navi Mumbai will see the development of 1200 acres of land.
Beyond entering the luxury and super-luxury segment, Forbes Global Properties in India plans to acquire brokerage firms and offer a comprehensive range of services, including property development and management, advisory, financial services, facility management, hospitality services, and event and recognition services.