Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
Franchise 100 2019-02-18

The Journey From A single office to World’s #1 Real Estate Franchise, RE/MAX is Ruling the Top Franchise 100 Brands List

The Indian arm of the world's largest real estate network, RE/MAX plans to open around 500 offices, employing 1000 agents in the next two years.

By Senior Sub-editor
The Journey From A single office to World’s #1 Real Estate Franchise, RE/MAX is Ruling the Top Franchise 100 Brands List

Started from a single office in Denver, US, in 1973, RE/MAX is now the world’s #1 real estate franchise brand. RE/MAX is now present in more than 100 countries and territories, having 7,800+ offices and 120,000+ broker agents in the world, becoming the world’s largest real estate network.

RE/MAX’s India operations began in 2009 and since then it has firmed its roots as the number one real estate franchise business in India as well. After it made its way into the Top Franchise 100 Brands list, many aspiring franchisees and budding entrepreneurs want to have a slice of this forever growing franchise network and grow with the RE/MAX franchise.

The reality of Real Estate Business in India which worked in favor of RE/MAX Franchise Network

Real estate has become one of the most profitable sectors thanks to the growing number of business in India and abroad, where businesses are continuously in a lookout to expand, by jumping territories and spreading their wings wide to reach almost every country, state, and city.

Gaurav Marya, Managing Director & CEO, RE/MAX India, said, “Post RERA implementation and GST, real estate market in India has shown a positive growth which is expected to reach US$ 1 trillion by 2030. The sector is expected to contribute about 13 percent of the country’s GDP by 2050.  Many factors like growing middle-class family, nuclear families, changing lifestyles, urbanization and last but not least, the on-growing population has increased the demand for customized homes.

The government has announced various incentives to promote affordable homes, thus creating new employment opportunities for all ambitious people in the sector. Looking at this growth, we plan to invest about 100 Cr in the next two years. We hope to attain a 5% share of the total real estate broking market in India in the next 5 years.”

RE/MAX Franchise

The Indian arm of the world's largest real estate network, RE/MAX plans to open around 500 offices, employing 1000 agents in the next two years. It also looks forward to building an opportunity for aspiring real estate marketers to become full-time agents.

Sahil Kapoor, Regional Director, RE/MAX India, says, “Every broker associate, franchise office and institute of RE/MAX, whether owned or independent, has remained very profitable, positive, passionate and proactive to establish the universally successful RE/MAX model.

Our mission remains to be the worldwide real estate leader, achieving our goals by helping others achieve theirs.”

Franchising Facts

Investment: Rs. 7.5-12.5 Lakhs

Area required: 800-1000 sq.ft

Expected Breakeven: 14 months

Franchise 100

The Franchising World, India’s no.1 franchising magazine, identifies the TOP 100 franchise brands and celebrates their achievements every year in its anniversary issue. The issue highlights the established Indian and big global brands that are increasing their positioning in India along with the new-age brands that are lucrative and profitable; expanding fast, and can act as a reference guide for budding entrepreneurs and investors across India. 

Franchise Top 100 is the one-stop destination to know everything about the franchise industry, which establishes authority and strength to evaluate the growth of the franchise industry.

Comment
image
image
image
image
Shakeel K Yalgod : 18, Feb 2019 at 01:46 PM
You can reach me at 9620300541
Related opportunities
  • Healthcare & Medical Products
    About Us: “Blessings Of Balaji”, is a New Delhi, India based organizat..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
  • Mobile Application Services
    About Us: MyClassCampus is a School ERP with more than 40..
    Locations looking for expansion GUJARAT
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater AHMEDABAD GUJARAT
  • Dairy/F&V Stores
    About Us : Moo Cow was started aiming to be the bigest..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2011
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
      About Us: "My Choice Burger" is an Upcoming Brands In India.  The..
    Locations looking for expansion New Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts