Coldwell Banker India Acquires Online Realty Portal Favista.com
Coldwell Banker India has acquired favista.com in an all stock deal. All of Favista's assets, IP, and employees will become a part of Coldwell Banker India as of the closing date.
Favista has been a pioneer in the real estate technology space with some of the lowest lead generation costs in the industry, having generated over 500,000 inbound buyer leads till date. It has also gained a reputation of being one of the most credible portals for obtaining new project information for consumers across the country.
Favista.com will continue to remain as a standalone portal providing marketing and lead generation services to developers and Coldwell Banker India's current and future franchise network.
Favista also has an on-ground brokerage arm that assists home buyers in identifying and pu...