US-based Forbes Global Properties announced its foray into the Indian real estate market to offer brokerage services for luxury homes and also build two projects covering 10 million square feet in Mumbai and Delhi in tie-up with landowners. Formed in December 2020, Forbes Global Properties entered India through membership network model. It already has a presence in 26 countries where 17,000 agents are providing real estate services to clients. Indian venture 'India Forbes Global Properties' will pay membership fee to the global firm. A K Sharma will be the Chairman of the Indian venture.

Source: Forbes January 28, 2024 22:31 UTC