US-based Forbes Global Properties on Wednesday announced its entry into the Indian real estate market with the launch of India Forbes Global Properties, and claims to set a global benchmark of luxurious living in India. In the initial stage, the company plans to build two projects – one in Mumbai and another in Delhi — and will offer brokerage and financial services, among others.

“In the next two years, we are aiming for tie-ups in the range of Rs 50 thousand crore to Rs 1 lakh crore in different verticals,” said a company spokesperson.

The platform will seamlessly connect high net-worth individuals, investors, and real estate enthusiasts with some of the most coveted and distinctive properties in the country.

It aims to showcase the finest properties from the most elite locations and the move also signals Forbes Global Properties’ strategic expansion into one of the world’s most dynamic and burgeoning markets, promising discerning investors unprecedented access to a curated portfolio of ultra-luxurious homes, estates, and premium developments.

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EXCLUSIVE OFFERINGS: According to the company, discerning clients can expect a diverse range of exceptional properties, from sprawling estates in the verdant hills of Himachal Pradesh to luxurious penthouses overlooking the Arabian Sea in Mumbai. Forbes Global Properties will showcase a carefully curated collection of homes that exemplify the epitome of luxury, reflecting the unique cultural and architectural diversity of India. Their first offering will be in New Delhi with a 7-acre plot with high-end retail street, club and a luxurious hotel.

STRATEGIC PARTNERSHIP: India Forbes Global Properties has tied up with the JV of Orange Smart City in Navi Mumbai for development of 1200 acres of land. The project will see a building of up to 10 lakh crore square feet, amounting to Rs 1 lakh 20 thousand crore. This will be amongst the first projects.

Besides entering the luxury and super luxury segment, the Forbes Global Properties in India will either get a stake or buy out brokerage firms. India Forbes Global Properties will also have different verticals – Development & Management of Properties, Advisory, Financial Services, Facility Management, Hospitality Services, Event & Recognition Services.

Announcing the launch, Michael W. Jalbert, CEO, Forbes Global Properties, said, “It is an absolute honour to welcome India Forbes Global Properties to our international network. Our expansion into India is particularly meaningful. The nation’s burgeoning markets present unlimited opportunities for discerning buyers and investors seeking ultra-luxurious homes, coveted estates, and premium developments.”

Matt Beall, Board Chair, Forbes Global Properties, said, “Forbes Global Properties is honoured to make its foray into the luxury real estate market in India. Through our newest member, India Forbes Global Properties, we look forward to introducing the world to a curated collection of homes that exemplify luxury and reflect the country’s unique cultural and architectural diversity.”

A.K. Sharma, Chairman, India Forbes Global Properties, said, “It gives me immense pleasure to announce that Forbes is launching Forbes Global Properties in India. As the Chairman, I firmly believe that this alliance will epitomize luxury in Indian real estate. The crème-de-la-crème of our nation deserves to find a space that complements their style and stature, and with Forbes, we are here to realize it for them.”