Coldwell Banker India increase in size its network in Mumbai.

Q: Hey, do you know that Coldwell Banker India is going to launch Coldwell Banker Milestone Properties in Andheri west.

Rituraj,

23rd February 2015

Real estate News in Mumbai

properties in andheri east

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Replies (5)

As per Mona Jalota, vice president for operations and strategy, Coldwell Banker India sees good potential in the Pune residential market. They have taken a region-specific approach to offer high-quality real estate brokerage services for its working population.

Shantanu Kumar, Mumbai

7th August 2015

Comment

Now a days all the major international property consultants are focussing majorly on commercial realty sector in Chennai and there are not many focussed on the residential segment.

Pune, the city has a large base of homebuyers from the IT and manufacturing sectors who seek affordable EMI options and minimal maintenance charges. They are targeting 2% share of the total retail brokerage possibilities ranges at about Rs 400 crores.

Shantanu Kumar, Mumbai

7th August 2015

As per the Coldwell Banker India's latest report on Pune realty trends, With 85% of Pune buyers in search of options worth less than Rs 30 lakh, 14% for homes between Rs 30-60 lakh and 1% with a Rs 60 lakh-1 crore budget.

Javed,

7th August 2015

Hi buddies.....
It is come to hear that Coldwell Banker India recently entered the Pune market, where it has a franchising model for select partners only and will be appointing around 20 agents in the first year of its operation. The company has taken significant steps in expanding its presence across India. In a span of 6 months they have forayed into 9 cities.

Shantanu Kumar, Mumbai

7th August 2015

Comment

I think it is a good decision by any company. Because, for a city that is growing in all direction. The parent company Coldwell Banker enjoys a market share of 30% in the US. The Indian arm aims to get 5- 7% market share in the country within the next 3-5 to yrs.

Sunil Kulkarni, Pune

7th August 2015

@Himani,
Coldwell Banker organization has strength of 84000 sales associates and brokers, presence in 49 countries and territories and with more than 3000 Coldwell Banker offices all over the world, Company is set to transform the Real Estate sector changing the entire scenario even for the smallest of property transaction.

Javed,

23rd February 2015

Comment

Hello Himani!!!!,
By offering extraordinary and innovative real estate services, Coldwell Banker Milestone Properties try to work for the real estate post holders through trained professionals having knowledge about the sector. Understanding the market sentiments, needs and demands, the firm settled at opening its office in the largest suburb of Mumbai, bearing its population of 1500000 and the rising demand for residential and commercial space in Andheri. Situated in the west of the city, this area is a huge market in terms of rentals and re-sales.

Javed,

23rd February 2015

Comment

Well Javed,
With the growth in the economy fuelling strong real estate growth, consumers are searching for more transparent and professional transaction process in India thus calling for more skilled real estate experts. Coldwell Banker Milestone Properties, therefore, is yet another important end in the journey of Coldwell Banker India in making significant efforts to bring best uses, processes, and tools to the Indian real estate brokerage market which remains extremely sectioned.

Himani,

23rd February 2015

Hi!
Coldwell Banker India located in Andheri West of the central Mumbai, the company is jointly owned by three entrepreneurs, Vivek Gautam, Pankaj Goenka and Mittul Nagpal who want to make a difference in the way Real Estate is carrid out in India. Coldwell Banker Milestone Properties is the 3rd franchisee of Coldwell Banker India in Andheri after Coldwell Banker Prop consults Realty and Coldwell Banker Blackwell Realty, the Coldwell Banker network strength to eight franchisees in the city.

Himani,

23rd February 2015

Comment

As per the latest news, the company has entered the Pune market and is eyeing a business of Rs 400 crore from its network. The company is planning to appoint 30 franchisees by the end of 2015 and take this to 100 by 2018.

Sunil Kulkarni, Pune

7th August 2015