Credvest's Strategic Acquisition of Weown: A Game-Changer for Bangalore's Real Estate Sector
Credvest's latest acquisition of Weown is set to revolutionize Bangalore's real estate landscape, with a focus on customer experience, technological integration, and market innovation.
CredvestWeownReal EstateBangaloreAcquisitionReal EstateSep 12, 2024
This growth is now being solidified by their latest acquisition of Weown, a pioneer in Bangalore's real estate landscape for over 12 years. With WeOwn’s 2,500+ community members, 20+ projects under their umbrella worth Rs. 2000 Cr, and approximately 2.3 million sqft managed, this acquisition adds significantly to Credvest’s portfolio of ongoing real estate projects.
Suman Naidu, Chairman of Credvest Group, commented “This acquisition is another step towards establishing our vision of providing people with what they need or desire—a lifestyle through residential purchases or investments. We at Credvest, wish to add more value to their success through our mindful approach to marketing and sales. Through Credvest, the turnaround time for units sold reduces by 60%, thanks to our data-driven strategies for each micro-market.”
This acquisition also represents a strategic expansion for Credvest, allowing the company to deepen its roots in Bangalore’s real estate market while expanding its influence across the region including Hyderabad and Telangana.
Frequently Asked Questions
What is Credvest's latest acquisition?
Credvest has acquired Weown, a pioneer in Bangalore's real estate landscape for over 12 years.
What is the significance of this acquisition?
This acquisition adds significantly to Credvest’s portfolio of ongoing real estate projects and represents a strategic expansion for the company.
What is Credvest's approach to real estate management?
Credvest deploys dedicated teams and fosters seamless collaboration across advisory, business development, product fitment, marketing, sales, and CRM departments to meet developer demands and consumer needs efficiently and on time.
What is the Credvest ecosystem?
The Credvest ecosystem includes advisory services, capital and resources for construction through Parking Capital, and a prop-tech platform called Grahm.Ai, among other services.
What is Credvest's vision for the future?
Credvest is poised to continually raise the bar in customer experience, technological integration, project execution, and market innovation.
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