With that RERA in Gujarat, it makes us RERA registered in 10 states, the only Indian player to have such a broad based compliance in place. We continue to believe that RERA is a game changer – for all stakeholders alike:- leading to massive consolidation (and compliance) across developer and brokerage space, and acting as catalyst for consumers to start trusting commitments in letter & spirit. With Square Connect program, we are now gunning towards 100k channel relationships (from existing 20k) to help individual/small brokers /channel partners to ensure their compliances are met; they get all operational, CRM, lead and working capital support needed to scale up; and they continue to get more efficient in monetizing their client relationships. We grow only if and when our partners grow.
Square Yards is now RERA compliant in 10 states, only Indian player to have such a broad based compliance in place