New Delhi, July 12 (IANS) Franchise India, a franchise solution company, has tied-up with real estate brokerage network, RE/MAX India, to launch one-stop property shops across the country to offer real estate brokerage services, officials of the two companies said Monday.

‘There was a need for this type of an initiative where a network for real estate brokerage was established which had a pan-India presence,’ Gaurav Marya, president, Franchise India, told IANS.

Marya said the initial plan of starting 25 co-branded property shops will start with first four offices in Delhi and the national capital region (NCR) and the same will soon assume a pan-India presence by 2012.

‘Everything from circle prices to local market intelligence on buying and selling of property will be available on line as well as in our branch offices,’ Marya added.

The co-branded one-stop property shop joint venture was launched after Franchise India became an institutional partner of RE/MAX India.

‘The tie-up will help both the companies to optimise their business potential. We propose to offer real estate brokerage services to cities and businesses across India on a need and demand basis,’ Marya added.

‘With about 100 offices in India we are well placed to meet the real estate requirements in this huge retail segment,’ said Samir Chopra, director-RE/MAX India.