Square Yards is now RERA compliant in 10 states, only Indian player to have such a broad based compliance in place

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.

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