Sometime around June 2018, Mr. Tanuj Shori, Co-Founder and CEO of Square Yards has been named as the “Top 10 Business Leaders in the UAE” by Insights Success magazine. Rizwan Sajan, Surender Singh Kandhari, and few other such eminent personalities have also made it to the list.
It goes without saying that the real estate sector is one of the largest sectors, anywhere in the world. To put things in perspective, the Indian real estate market is expected to touch US$ 180 billion by 2020 and the housing sector is expected to contribute around 11% to India’s GDP by 2020. Retail, hospitality and commercial real estate are growing significantly, providing the much-required infrastructure to cater to the growing needs of India. Nevertheless, while many players have grabbed the attention of the general public through their products and marketing strategies, however, they are deficit in terms of professionalism and transparency that is expected from a rapidly growing economy.
The impetus behind the foundation of Square Yards lies in the singular focus on innovation and an attempt to resolve the problems of the common real estate investor (which he had undergone first-hand when he was investing in real estate himself). His objective behind starting the company, which continues to guide him till date, is to handhold the average buyer and offers unbiased, transparent and trustworthy information to those looking to buy/invest in real estate. They also lend requisite guidance to customers on other processes involved in buying a property such as taxation, documentation, registration, and financing.
Incepted with just 3 people in a small office in Hong Kong, Square Yards has scaled up to more than 1800 employees in 36 cities in 10 countries which include India, UAE, Qatar, Oman, Bahrain, Singapore, Hong Kong, UK, Australia and Canada. He was an IIM graduate with over 8 years of experience in Capital Markets before embarking on the entrepreneurial route to lay the foundations of Square Yards, India’s largest real estate and fintech aggregator. During his tenure with Lehman Brothers and Nomura, he tracked the Asia Pacific and US markets extensively. Eventually, he rose through the ranks to become one of the youngest Executive Directors in Nomura.
As an entrepreneur, Tanuj has a firm belief in the concept of empowering people since according to him, a company is only as good as its people. He constantly encourages them to take ownerships and lays special emphasis on developing an aggressive corporate culture. Furthermore, he stresses on excellence in execution by hiring sales leaders who are proactive in their approach and well-equipped to build and manage large teams.
Square Yards is a technology-enabled, global real estate aggregator and India’s largest player for primary residential real estate. It’s subsidiary Square Capital is one of the largest marketplace for secured mortgages in India. Square Yards platform offers an integrated consumer experience & covers the full real-estate journey from search, discovery to research, transactions, home loans and post-sales service – fully integrating buyers to an extensive network of 500+ partner real estate developers, and 90+ banks & NBFCs. Square Yards is led by accomplished professionals, ex-bankers, and Ivy school alumni and is backed by the competence of more than 2500 employees in 30 cities and ten countries.