Square Yards launches a new interior design site
Interiors

Square Yards launches a new interior design site

 Interior Company, a new portal for home furnishing and interior design services, has been established by India-based real estate marketplace Square Yards. Bengaluru, Delhi-NCR, and Mumbai are the first cities where the new subsidiary is active. Square Yards stated in a press release that Interior Company, which provides a hassle-free interior design experience and white glove services, would soon be accessible throughout India and the Middle East.

“We always had significant demand for interior services from our current ecosystem of real estate customers, some of the country's best developers, and a 200,000+ strong broker network,” said Tanuj Shori, founder and CEO of Square Yards. We chose to create this capacity in-house, using the same concept and building blocks as Square Yards.”

The first focus of Interior Company will be on new home buyers in the primary market who are searching for stunning interiors at a reasonable price. At the same time, the company intends to construct standardised and modular solutions for near-possession and ready-to-move-in units in some of the most prestigious developer projects across major cities.

Interior Company launches a month after Square Yards launched its end-to-end online rental agreement service as part of its growing rental services offering. Revenue increased by 17% year over year in FY20-21, making it the company's most successful year since its founding in 2013.

PropVR, a 3D visualisation platform, and PropsAMC, a data and property management platform, were among the purchases made in FY20-21. Square Yards, based in Gurugram, India, has received $50 million in equity and more than $25 million in debt funding to far, and has a presence in Australia, Canada, and the Gulf.


 Interior Company, a new portal for home furnishing and interior design services, has been established by India-based real estate marketplace Square Yards. Bengaluru, Delhi-NCR, and Mumbai are the first cities where the new subsidiary is active. Square Yards stated in a press release that Interior Company, which provides a hassle-free interior design experience and white glove services, would soon be accessible throughout India and the Middle East.“We always had significant demand for interior services from our current ecosystem of real estate customers, some of the country's best developers, and a 200,000+ strong broker network,” said Tanuj Shori, founder and CEO of Square Yards. We chose to create this capacity in-house, using the same concept and building blocks as Square Yards.”The first focus of Interior Company will be on new home buyers in the primary market who are searching for stunning interiors at a reasonable price. At the same time, the company intends to construct standardised and modular solutions for near-possession and ready-to-move-in units in some of the most prestigious developer projects across major cities.Interior Company launches a month after Square Yards launched its end-to-end online rental agreement service as part of its growing rental services offering. Revenue increased by 17% year over year in FY20-21, making it the company's most successful year since its founding in 2013.PropVR, a 3D visualisation platform, and PropsAMC, a data and property management platform, were among the purchases made in FY20-21. Square Yards, based in Gurugram, India, has received $50 million in equity and more than $25 million in debt funding to far, and has a presence in Australia, Canada, and the Gulf.

Next Story
Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

Next Story
Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

Next Story
Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000