Homesfy Realty IPO

Homesfy Realty is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential and commercial space. It deals in new constructed properties, whereby it assists the Real Estate Developers in selling and potential customers in purchasing the properties. It operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on mymagnet platform for referral services. 

It has established and currently maintain a network of 7 offices located in 4 cities, Mumbai, Pune, Noida and Bangalore, which primarily engage in sales, marketing and payment collection activities. 
It is growing in the industry as they sold properties worth 1650+ Cr (GMV) in FY 2021–22 alone. 10,000+ families have bought real estate properties via Homesfy. The company runs its brokerage business with the brand name Homesfy partnered with the mymagnet platform. It has an offline and online presence for real estate broking-related services.