Colliers India, a prominent real estate consultancy, has announced its foray into the residential space, signaling a strategic expansion of its services. The company has appointed Ravi Shankar Singh as the Managing Director for Colliers’ Residential Transaction Services in India, reflecting its commitment to addressing the unique needs of high-net-worth individuals in the real estate market.
In a statement, Colliers India outlined that the residential transactions business will be dedicated to understanding and fulfilling the requirements of high-net-worth individuals looking for strategic real estate investments. Badal Yagnik, CEO of Colliers India, expressed the firm’s vision of delivering impactful solutions and accelerating success for clients and stakeholders. Yagnik stated, “Getting into the residential space has been in the works for a while, and we believe Ravi Shankar Singh, with his distinguished expertise and vast experience, is well-equipped to drive the business.”
Ravi Shankar Singh, the newly appointed Managing Director, is set to leverage his strategic acumen and industry expertise to lead the sales efforts and offer comprehensive advisory services tailored for upmarket residential properties. Colliers India envisions Singh playing a pivotal role in steering the residential expansion, aligning with the changing dynamics and increasing demand in the high-end residential market.
“The residential market has immense potential as the homebuyer sentiment and purchasing power get stronger. The sales process has greatly evolved with much higher consumer involvement demanding quality service,” commented Ravi Shankar Singh on the strategic move.
As the real estate landscape continues to evolve, Colliers India’s expansion into the residential sector is poised to cater to the evolving demands of a discerning clientele. The move aligns with the firm’s commitment to staying at the forefront of industry trends and offering specialized services that enhance client experiences.
With Ravi Shankar Singh at the helm, Colliers India looks forward to making significant strides in the residential real estate sector, contributing to the growth and innovation within the industry. As the residential market gains prominence, Colliers India aims to provide tailored solutions and uphold its reputation as a trusted advisor in the dynamic real estate landscape.
Sources By Agencies