New Delhi : BroBazaar, a new age, tech-enabled marketplace for brokers and builders, has announced plans for significant expansion over the next two years. The first goal for the company is to be the most preferred and dominant real estate platform in Delhi NCR, then to be the first B2B marketplace across India before going global. 

BroBazaar, a revolutionary new platform, has achieved incredible success in its short lifespan, facilitating a total of 90 transactions worth an average of Rs 1 crore each over the last two months. With this kind of growth, the company’s ambitious plans to grow look more feasible, and the users can see that their services are both effective and affordable.

“Within the next two years, we are committed to expanding BroBazaar throughout India and beyond, with a focus on international locations such as Dubai, Singapore, and Hong Kong, where the real estate brokerage sector is highly lucrative and where BroBazaar can make a meaningful impact. We believe that our unique approach to the industry will allow us to capitalize on the immense growth potential of this market and make a lasting impact on the global real estate landscape,” the company statement read.

Currently headquartered in Gurgaon, BroBazaar has established itself as a premier choice among its more than 3,000 active users. As part of its Phase 1 plan, the company is determined to expand its reach to all the major Tier 1 cities. Thereafter, the company aims to extend its services to Tier 2 and Tier 3 cities in Phase 2.

Furthermore, a report revealed that real estate companies are heavily investing in artificial intelligence applications to perform various functions such as property search, building management, and design. Artificial intelligence is helping real estate companies find people looking to buy or sell properties, find a suitable property based on customer requirements, and redesign living and office spaces based on user behaviour. BroBazaar is one example of a cutting-edge platform enabled by AI to provide real estate professionals with exceptional solutions.