PropUrban ties-up with L and T Finance Wealth Management

11 Apr 2017 Editorial Team

In a bid to transform the investment and transaction advisory space in real estate, PropUrban announces the strategic tie-up.
The partnership will position PropUrban as global partner of L&T Finance Wealth Management for its Private Wealth plan for High Net-Worth Individual (HNI) clients.
PropUrban will provide Real Estate Advisory services for clients of L&T Finance Wealth Management across India, Hong Kong, UAE, and UK.

PropUrban, the Global Real Estate Investment Advisory, Transaction & Consulting (O2O – Online to Offline) platform, has announced its partnership with L&T Finance Wealth Management – a leading enterprise that provides portfolio management, investment advisory and mutual fund distribution services in India. The strategic tie-up will strengthen PropUrban’s position as a global investment and transaction advisory firm, and will allow the company to cater to L&T’s private clients (HNIs and UHNIs) under its private wealth planning India, UK, UAE and Hong Kong.

L&T Finance Wealth Management exclusively caters to the HNI and UHNI clients. The company offers personalised consultation for each client, and uses a customised approach to develop unique strategies that best suits their requirements.

Commenting on the partnership, Mir Jaffer Ali, Founder & CEO, PropUrban said, “Backed by a strong research and advisory wing, PropUrban helps clients make informed property decisions. We collaborate with the best of companies and brands, thereby providing comprehensive solutions to our clients. Our expertise in real estate advisory, coupled with L&T’s rich heritage and experience in wealth management, would ensure that their private clients (HNIs or UHNIs) get the best-in-class services. Moreover, we are confident that this partnership will play a major role in promoting our respective services across a wider spectrum, and also give us an upper edge in the global market.”

“The strategic tie-up will have a customer-centric approach with a global footprint exclusively for HNI or UHNI clients based in India and abroad. With financial engineering as one of our major USPs, it will also create a robust platform that uses data-driven analytics to help private clients take balanced decision regarding their wealth and investment,” added Ali.

Additionally, PropUrban and L&T capital’s partnership will prove to be an advantage for the overall wealth advisory segment in India. Typically, about 35-40 per cent of the investment portfolio of HNI or UHNI comprises of real estate. However, when it comes to asset management and wealth advisory, the industry is quite nascent and unorganised, resulting in a huge gap in the market in terms of assisting and providing transaction advisory for such clients. Thus, PropUrban also aims to bridge this gap by creating a single-window for HNI or UHNI clients to access wealth and transaction advisory services without any hassle.

In a bid to transform the investment and transaction advisory space in real estate, PropUrban announces the strategic tie-up. The partnership will position PropUrban as global partner of L&T Finance Wealth Management for its Private Wealth plan for High Net-Worth Individual (HNI) clients. PropUrban will provide Real Estate Advisory services for clients of L&T Finance Wealth Management across India, Hong Kong, UAE, and UK. PropUrban, the Global Real Estate Investment Advisory, Transaction & Consulting (O2O – Online to Offline) platform, has announced its partnership with L&T Finance Wealth Management – a leading enterprise that provides portfolio management, investment advisory and mutual fund distribution services in India. The strategic tie-up will strengthen PropUrban’s position as a global investment and transaction advisory firm, and will allow the company to cater to L&T’s private clients (HNIs and UHNIs) under its private wealth planning India, UK, UAE and Hong Kong. L&T Finance Wealth Management exclusively caters to the HNI and UHNI clients. The company offers personalised consultation for each client, and uses a customised approach to develop unique strategies that best suits their requirements. Commenting on the partnership, Mir Jaffer Ali, Founder & CEO, PropUrban said, “Backed by a strong research and advisory wing, PropUrban helps clients make informed property decisions. We collaborate with the best of companies and brands, thereby providing comprehensive solutions to our clients. Our expertise in real estate advisory, coupled with L&T’s rich heritage and experience in wealth management, would ensure that their private clients (HNIs or UHNIs) get the best-in-class services. Moreover, we are confident that this partnership will play a major role in promoting our respective services across a wider spectrum, and also give us an upper edge in the global market.” “The strategic tie-up will have a customer-centric approach with a global footprint exclusively for HNI or UHNI clients based in India and abroad. With financial engineering as one of our major USPs, it will also create a robust platform that uses data-driven analytics to help private clients take balanced decision regarding their wealth and investment,” added Ali. Additionally, PropUrban and L&T capital’s partnership will prove to be an advantage for the overall wealth advisory segment in India. Typically, about 35-40 per cent of the investment portfolio of HNI or UHNI comprises of real estate. However, when it comes to asset management and wealth advisory, the industry is quite nascent and unorganised, resulting in a huge gap in the market in terms of assisting and providing transaction advisory for such clients. Thus, PropUrban also aims to bridge this gap by creating a single-window for HNI or UHNI clients to access wealth and transaction advisory services without any hassle.