Ray White heads to India

Ray White heads to India

Australasia’s largest real estate and property group, Ray White, has joined forces with another family-owned property company in India. Ray White Chairman Brian White said the group has formed a partnership with Gulshan Properties, which was established 50 years ago and is one of India’s top five real estate companies.

Mr White said Gulshan Properties will align its New Delhi office with the Ray White Group with plans for further expansion throughout India. “The Ray White Group has expressed an interest in having a partnership in Delhi and the Gulshan Group provide a perfect platform for the growth of the Ray White business model throughout India,” Mr White said. “It is expected that the Gulshan Group will provide franchise opportunities and the first of these are to be appointed in Goa under the supervision of Gulshan Properties.”

Gulshan Properties is based in Lajpat Nagar, Delhi, with the second office in an area known as New Friends Colony. The company was founded by Gulshan Nayya, who has been joined in the business by his sons Puneet Nayyar and Neeraj Nayyar.

“The Gulshan Group is one of the top five realtors in India and has been honoured for being the best employer in the Indian real estate industry,” Mr White said. “They are the largest single provider of apartments and residential housing for sale and purchase throughout Delhi and have a total of 90 staff. “Beyond the agency business, the Gulshan Group is well known for their community support to the Shri Ram Bhajan Trust which provides educational help to children in the local area.”

The Ray White Group, established in Queensland more than a century ago, has offices across Australia and New Zealand as well as Indonesia, China, Thailand and the United Arab Emirates.