Saturday, November 28, 2009

Ray White eyes expansion in India

Australia-based property group Ray White has
formed a partnership with Gulshan Properties,
a South Delhi-based real estate agent, to expand
its business in India. Gulshan Group will provide
franchise opportunities and the first of these are to
be appointed in Goa under the supervision of
Gulshan Properties, according to a top Ray White official.

“The Ray White group has expressed an interest in
having a partnership in Delhi and the Gulshan Group
provides a perfect platform for the growth of the Ray
White business model throughout India,” said Brian
White, chairman, Ray White.

“Gulshan Properties will align its New Delhi
office with the Ray White Group with plans
for further expansion throughout India,” White further added.

Established in 1902, Ray White, a name
synonymous with
the real estate industry and related services,
has evolved into Australasia’s most successful
real estate business, now approaching 1,000 individual
offices in Australia, New Zealand and South East Asia.
Last year, the company has sold over $25 billion worth of property.

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