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Century 21 has announced that it will expand into the Indian real estate market, which will be overseen by the chairman of the network’s Australasian branch, Charles Tarbey.
The network has focused its sights on expanding into the Indian real estate market, with Tarbey recently completing his first multicity visit to India and the United Arab Emirates to explore opportunities for growth.
While Tarbey acquired the Century 21 master franchise rights for India and the UAE last year, he said the network is now prioritising expansion in India’s booming real estate market.
Century 21 said that Tarbey’s insights would help the network as it prepares to introduce subfranchise agreements across 29 major regions of the Indian subcontinent, which could each potentially support “thousands of real estate offices”.
The network also noted that India recorded “unprecedented property sales volumes” in 2024, with over half of all properties across the nation selling for more than INR$10 million (approximately $180,000).
On his recent trip, Tarbey visited cities including Chennai, Pune, Bengaluru, Mumbai and Delhi, and shared that his experiences validated his decision to invest in India’s booming real estate sector.
“India is experiencing extraordinary change and growth. The property market is maturing and becoming more sophisticated, with rising demand for premium real estate,” Tarbey said.
The network said that a comprehensive marketing strategy is being finalised to accelerate growth and provide tailored support for franchise owners at both the regional and local levels of the Indian market.
With Century 21 India currently focused on selecting partners to lead key regions across India, Tarbey said the new branch will collaborate across borders with branches such as Century 21 Australasia in particular.
“Australia remains a highly desirable destination for Indian investors and migrants, and we’ve seen increasing buyer interest from India across our network,” he said.
Tarbey said that Century 21’s Australasia and India branches will closely collaborate and mutually leverage resources to further strengthen the bridge between the two markets.
“As an example, we plan to list all appropriate Australian properties through our Indian network and launch new platforms for agents from both countries to collaborate, build relationships and share expertise,” he explained.
Tarbey shared he was “incredibly bullish” about the future of Century 21 India, and added that Indian franchise expressions of interest are now being reviewed from both India and Australia.
“The acquisition will also be a major advantage for our franchise owners across Australasia, offering global referral opportunities and a deeper connection with one of the world’s fastest-growing real estate markets,” he concluded.
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