Sunday, March 12, 2017

Coldwell acquired property portal Favista for undisclosed amount

Real estate consultancy firm Coldwell Banker India Pvt Ltd has acquired property search site Favista.com in an all-stock deal. Favista’s assets, IP and employees will become part of Coldwell. The realty broking firm’s brokerage arm will also be absorbed by the company. But Favista will continue working as an independent unit.

Also read: McAfee to invest more in India and will Add more jobs

Coldwell has 25 offices, including Mumbai, Pune, Bengaluru and Noida, and about 130 real estate agents. It is looking to have 100 offices and 500 agents.


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