Press Release Summary: Two leading providers of property and wealth management solutions across the world, Mayfair International Group and Astra Landbase Pvt. Ltd. mark a milestone in the global real estate industry by consolidating their operations and expertise to create a new major real estate company named Astra Mayfair.
Press Release Body: Astra Mayfair' Merger - a Boon to the Real Estate Industry
Two leading providers of property and wealth management solutions across the world, Mayfair International Group and Astra Landbase Pvt. Ltd. mark a milestone in the global real estate industry by consolidating their operations and expertise to create a new major real estate company named Astra Mayfair.
Both Astra Landbase and Mayfair International Group have made significant strides in building their organisations from strength to strength, and this merger will further accelerate this process for both companies. Astra Mayfair shall be headquartered in India, catering to a wider spectrum of Resident Indians, Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) worldwide. We strive to become a powerful leader in the real estate industry while creating a more effective and efficient provider of world-class properties and wealth management solutions to the NRIs, PIOs and Resident Indians on a global platform.
The combined business of Astra Mayfair with over 50 years of remarkable cumulative expertise will have a broader market presence with enhanced capabilities in areas such as property offering, rental management, property financing and international marketing services for securing world-class architecture on an international scale. The merger will streamline the ownership and operations of Astra Mayfair, jointly owned by the two companies.
Deepak Chawla, Chairman of Astra Landbase, will be the Chairperson of Astra Mayfair. Mr. Chawla has left no stone unturned in understanding the changing market trends and responding diligently with accuracy and transparency in reaching to the pulse of the strategic investors. Alex Walia, Chairman of Mayfair International Group, will be the Director of Astra Mayfair. Mr. Walia's innate leadership and his ability to instantly actualise the vision of strategic global investors of acquiring investment goals has been a driving force to reckon within the real estate business and global consultancy services.
With its strong presence in India, New York and Malaysia, Astra Mayfair offers one of the finest properties to the Indian Diaspora segment across the globe - India, UK, Dubai, Thailand, to name a few. We endeavour to be more innovative, agile and efficient in creating a win for both companies' strategic clientele across the world, whist returning higher returns on their investments and enhancing the brand portfolio of both companies.
2012
