Axis Bank has collaborated with India’s foremost real estate platform Square Yards to launch a co-branded ecosystem for homebuyers, called Open Doors. This will provide end-to-end solutions encompassing home searches and purchases alike. This is a unique platform that will take care of the whole spectrum of consumer queries in relation to residential properties. Those looking to purchase a new home may get full support and assistance along with exclusive access to builder inventory, quick processing of home loans and other services like property and rental management, legal and technical solutions, home furnishings, and more under a single roof. It will be a game-changing and cost-effective proposition for homebuyers.
The Founder and CEO at Square Yards, Tanuj Shori, stated that it is an exciting partnership with Axis Bank that offers all housing-linked needs on one platform for consumers. He also added that Axis Bank has been a futuristic entity in terms of providing affordable and more holistic financial options for its customers in a world that is becoming more digital by the day. He also talked of how Axis Bank’s sizable geographical presence and diversified financial product portfolio will be tapped for boosting the experiences of homebuyers.
The home inventory shown on the Open Doors platform will have joint offers from Axis Bank and Square Yards, for home purchases, loans, property management, interiors, and other additional property related services, driving higher value for all customers and lowering the overall home ownership cost considerably.
The Group Executive and Head- Retail Lending and Payments, Axis Bank, Sumit Bali, stated that with Open Doors, there is an initiative to build a strong ecosystem for all homebuyers where they can get support, find properties, apply for their home loans faster, and also link with vendors for home transformations. He talked of how this collaboration with Square Yards will ease several issues faced by consumers throughout the home purchase process, while adding that they will also get better home loan access throughout the country. Customers will be able to get benefits such as flexible loan tenures, customized amounts, and minimal documentation for loans.
For a detailed report on this read the articles we were featured in:
The Economic Times – https://bit.ly/3xq8R4M
The Financial Express – https://bit.ly/3QNFG2c
Mint – https://bit.ly/3xtMtHE
Times Property – https://bit.ly/3xQkJNJ
Realty+ – https://bit.ly/3Bl9RYT
Published Date: September 13, 2022
