Axis Bank-Square Yards partner to introduce Open Doors buyer ecosystem

Indian private sector, Bank Axis Bank and Square Yards, a well-known real estate platform, have reportedly unveiled a co-branded home buyer ecosystem - Open Doors. This platform will aid customers in the complete process of searching and buying a home.

According to both firms, Open Doors is a unified platform intended to respond to all customer queries related to residential property.

Apparently, with this solution, customers can now purchase a house with complete buying assistance, flawless home loan processing, exclusive builder inventory access, and other ecosystem services. These include home furnishing, rental and property management, as well as legal and technical assistance, cost-effectively under one roof.

Speaking on the latest development, Tanuj Shori, Founder & CEO of Square Yards, stated that the firm is keen on collaborating with Axis Bank and offering all housing-related requirements on a single platform.

Mr Tanuj stated that Axis Bank is well-recognized for delivering affordable, ethical, and financial solutions to customers in the growing digital ecosystem.

With this partnership, the firm looks forward to benefiting from Axis Bank’s geographical presence and expanded portfolio of financial products to amplify the customers’ home buying experience.

According to Sumit Bali, Group Executive and Head, Retail Lending and Payments, Axis Bank, with this new launch, both firms are rolling out a solid ecosystem.

Sumit claimed that the ecosystem will assist customers in browsing through properties extensively, getting assistance, applying for quick home loans, and connecting to vendors to purchase their dream homes.

Apparently, the Axis Bank-Square Yards collaboration intends to make the home buying process easy and seamless. With a strong presence in the Indian market, the bank plans to ensure that all customers get easy access to home loans.

The real estate inventory showcased on the Open Doors platform will help customers get offers from Axis Bank and Square Yards on home buying, property management, interiors, home loans, and other allied property services. It will also offer significant value to the customers and bring down the overall cost of home ownership.

Source credit - https://www.livemint.com/companies/news/axis-bank-square-yards-launch-co-branded-home-buyer-ecosystem-11662970459200.html