Leading real estate services startup Justo Realfintech has signed developer mandates of over INR 1400 crore in the first 2 months of FY24-25. The company has undertaken sales mandates of over INR 600 crore in Pune and INR 800 crore in Thane apart from its existing portfolio of repeat clientele across Mumbai, Pune, Thane, Kalyan-Dombivli belt, New Mumbai, Aurangabad, Nashik, and Bhubaneshwar.
“Both Pune and Thane are high-demand residential markets. Both locations have developed infrastructure, strong road and rail connectivity and boast of lifestyle projects with multiple amenities by renowned developers” informed Pushpamitra Das, Founder and Director, Justo Realfintech.
Justo commands nearly 80% of repeat business from their existing markets. As a mandated partner, Justo provides developers with services across Strategy & Execution of their Marketing, Sales, CRM, and financing aspects, along with hand-holding the customers throughout their buying journey while the developers can concentrate on obtaining requisite approvals and developing their properties.
“The company will also increase its residential unit sales from 400 to 650 per month and will deliver about 4 million square feet of developer space across its present markets. Justo plans to exit this financial year FY24-25 with an annualized GMV of INR 8000 crore” added Das.
Justo has also announced its plans to expand to Hyderabad, Bengaluru, Rest of Maharashtra, and Dubai this financial year.
In the last few years, Justo has worked profitably with upcoming and renowned real estate brands like Naiknavare Developers, Saarrthi Group, Rahul Construction, Kakkad Group, Solitaire Constructions, Paranjape, Tejraj Group, Rucha Group, Parmar Group, Kohinoor Group, Welworth Realty, Abhinav Group, Pharande Spaces, Balaji Developers, Konbil Landmarks, Satyam Developers, Metro Group, Neelkanth Group, Parth Developers, VB Ventures, and Jaydeep Group among others.