Axis Bank and Square Yards launched a co-branded home buyer ecosystem: Axis bank partnered with Square Yards has introduced Open Doors’ which is a single-stop solution to meet all kinds of housing requirements for those who are looking to buy a house. Customers of Axis Bank and Square Yards can now take advantage of a variety of value-added financial perks, including personalized loan amounts and flexible tenure, as well as little documentation for an easy home buying experience, thanks to this innovative collaboration. This partnership will make the home buying process easy and simple for customers.
What do you mean by Open Doors’?
Open Doors is an innovative unified platform created to meet the whole spectrum of consumer inquiries around residential property. It offers end-to-end support with home buying. It provides a one-stop destination for all aspects of property buying from searching to purchasing that property. Open Doors is a home buyer ecosystem where users can ask for help, thoroughly explore houses, apply for faster mortgages, and connect with vendors to customize the house into their ideal residence.
Benefits provided by Open Doors’ platform
- With Open Doors’, customers looking to buy a home can take advantage of comprehensive home buying assistance, exclusive builder inventory access, seamless home loan processing, and other ecosystem services like rental and property management, home furnishing, legal and technical services, all under one roof and at a reasonable price.
- It will feature combined offers from Square Yards and Axis Bank, on house loans, property management, interior design, and other related property services, adding value for customers and lowering the overall cost of home ownership.
- It will bring all the housing-related requirements on a single platform.
About Axis Bank
- Axis Bank Limited is an Indian banking and financial services company that was earlier known as UTI Bank (1993–2007).
- It is India’s third largest private sector bank.
- Headquarters: Mumbai, Maharashtra
- Founded on: 3 December 1993
About Square Yards
- Square Yards is one of the fastest growing Proptech platforms in the United Arab Emirates, Australia, and Canada. It is the largest integrated platform for real estate and mortgages in India.
- Square Yards’ platform provides a seamless user experience and covers the whole real estate journey, including search and discovery, transactions, home financing, interiors, rents, property management, and post-sales services.
- Founded: 2014
- Founders: Tanuj Shori & Kanika Gupta Shori
|Current Affairs April 2022|