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Real Estate-As-A-Service: Blox Announces Strategic Partnership with VDV Developers

Posted on
Jun 1, 2023

Blox, an online home buying platform, is excited to announce its strategic partnership with VDV Developers for two assets valued at $100 million, located in Tardeo and Mulund. These assets, covering an area of about 2,10,000 sqft, will be launched this calendar year.

This partnership is a part of Blox’s REaS / development management platform, which aims to target $500 million worth of revenue potential projects over the next three years. Blox has already launched its first project under this platform with VDV Developers, where they will execute and sell real estate projects. The first development, a 41-storey architectural masterpiece known as “The Altitude," is located in Tardeo, with plans for the next project in Mulund towards the end of this year.

In just 60 days since its launch on March 9th, The Altitude has seen over 2000 customer walk-ins and is projected to generate approximately $30 million in revenue this calendar year. Blox’s platform has a network of 8000+ RERA registered channel partners, in addition to D2C sales directly from its platform

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