In­dia sotheby to ex­pand in sri lanka

Realty Plus - - News -

In­dia Sotheby’s In­ter­na­tional Real­ty­has signed an ex­clu­sive master fran­chisee to ex­pand Sotheby’s brand in Sri Lanka. The Sri Lanka busi­ness will be led by In­dia Sotheby’s In­ter­na­tional Realty’s CEO Amit Goyal and Pres­i­dent Ash­win­chadha.sotheby’s In­ter­na­tional Realty Af­fil­i­ates LLC has signed a 25-year ex­clu­sive agree­ment with In­dia Sotheby’s In­ter­na­tional Realty, to fur­ther ex­pand the Sotheby’s In­ter­na­tional Realty brand in Asia with its first of­fice pres­ence in Sri Lanka ex­pected in April 2018. Re­cently, In­dia Sotheby’s raised USD 2 mil­lion from high net worth in­di­vid­ual to ex­pand its op­er­a­tions in Ben­galuru, Kolkata and Gur­gaon as it ex­pects de­mand for pre­mium hous­ing to rise. Be­fore that, it had en­tered into an equity deal with Ben­nett Cole­man and Com­pany Ltd (BCCL) worth USD 7 mil­lion.

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