PropsAMC helps 300 homebuyers recover Rs 100 cr from legal disputes with developers
Square Yards, India’s largest integrated real estate platform, has reached a significant milestone of Rs 100-cr recovery of invested funds, with over 300 legal cases resolved for homebuyers and property owners, with the help of its asset management arm, PropsAMC.
The inception of legal services under PropsAMC, a leader in data intelligence and asset management space, came as a response to the rising concerns of homebuyers facing legal complexities and disputes with the real estate developers, in addition to multiple property tax disputes and lessee disputes of the property owners. Since its launch, it has provided unwavering support to countless individuals in their quest for homeownership and statutory obligations to state government agencies.
Tanuj Shori, Founder & CEO, Square Yards, expressed his commitment to protecting homebuyer interests, saying, “This is a testament to our unwavering commitment to safeguarding the investments of homebuyers. We understand the real estate investments are significant portion of client’s wallet and thus it’s our responsibility to ensure that this journey is secure and free from legal complexities. With over 300 cases resolved and Rs 100 crore recovered, our dedication to protecting their interests remains resolute, and we will continue to champion their rights at every step.”
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Anand Moorthy, Co-Founder & CBO of Asset Management Services & Data Intelligence at Square Yards, said, “Our deep domain expertise of property related legal matters coupled with comprehensive data intelligence and asset management capabilities equips us to provide very unique and differentiated offering to
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