Sotheby’s International Realty brand debuts in India

Sotheby’s International Realty Affiliates LLC has signed an exclusive agreement to develop the Sotheby’s International Realty brand in India with the opening of North India Sotheby’s International Realty.

Amit Burman, Vice-Chairman of Dabur, has been appointed as the Honorary Chairman of the firm, which is led by Amit Goyal, co-owner and CEO, together with co-owners Ashwin Chadha and Ankit Tyagi, who will serve as President and COO respectively. The team will look into the luxury residential real estate market throughout North.

According to a press release, the first office will begin operations in New Delhi next month followed by Gurgaon, Noida, Chandigarh and Jaipur.

“India is one of the most exciting, beautiful and fastest growing markets in the world, with a developing luxury real estate market,” said Philip White, President and CEO, Sotheby’s International Realty Affiliates LLC.  “Expansion into India was one of our core objectives for this year, and I am proud to welcome Goyal and his team to our global network”, he said.

“We are delighted to become part of the Sotheby’s International Realty worldwide network,” said Goyal.  “The luxury residential real estate market in India is beginning a period of expansive growth and the Sotheby’s International Realty brand will meet the needs of high net-worth individuals internationally looking for luxury homes in India and overseas using the brand’s global platform.”

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The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide.