Addition Of India To RE/MAX Global Network Should Benefit Chicago Real Estate Market

RE/MAX International welcomed India as the 73rd country in its global real estate network with a special ceremony held Jan. 20 at the RE/MAX International headquarters in Denver, Colo. The step could have important ramifications for those areas of the United States, such as the metropolitan Chicago real estate market, with substantial populations that have strong ties to India.

“Establishing a presence in a large and dynamic economy like India’s is obviously a plus for the RE/MAX International network. At the same time, it will benefit our local operations,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network. “In Chicago and its suburbs thousands of residents have strong ties to India. Now, RE/MAX is better positioned than ever to help them deal with property in India or assist their family or associates in India who might want to invest in Illinois real estate.”

As the national anthem of India played, the Indian flag was raised in the lobby of RE/MAX corporate headquarters, the new owner of RE/MAX India, Samir Chopra, joined Dave Liniger, chairman and co-founder of RE/MAX, for introductions to more than 100 RE/MAX employees.

Chopra is a senior partner at PK Chopra & Company, a major accounting and consulting firm headquartered in New Delhi and has worked on several complex financial projects for leading international accounting firms, traveling extensively in Europe, Asia and North America.

He served as president of the Business Process Industry Association of India (BPIAI) for three consecutive years. Chopra also has completed the Human Settlement Management Institute certification course for real estate professionals through the National Real Estate Development Council of India.

India is recognized as the largest democracy and second-most populous country in the world, with more than 1.2 billion residents. Located in the Asian sub-continent, India consists of 28 states and seven union territories. Ambitious economic reforms in the last two decades have transformed India into one of the fastest growing economies in the world.

“We are very excited about the opportunity that exists for RE/MAX in India and hope that we can play a positive role in the development of their real estate industry,” Liniger said. “India has a large, well educated middle class, and under the direction of Samir, RE/MAX should be very successful there.”

RE/MAX India will be headquartered in New Delhi. The new organization plans to recruit and train numerous sales associates, and will open offices in a wide range of geographical regions.

“RE/MAX has instant brand recognition around the world, and its business model has been successful in numerous countries. India will be no different,” said Chopra. “I think the professional training RE/MAX offers will attract many sales associates, and our business practices will enhance the entire Indian real estate industry.”