OpenDoor is winding down its India operations as part of a strategic shift to focus on American customers.
3 reports, 3 independent
Updated Jun 12
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What happened
OpenDoor is winding down its India operations as part of a strategic shift to focus on American customers.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.OpenDoor is winding down its India operations due to a strategic shift to focus on American customers.1 source
Real estate company Opendoor withdraws from markets in Chennai and Bengaluru.1 source
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Part of
Several major Indian cities, including Chennai, Hyderabad, Bengaluru, and Pune, are identified as major housing markets amid geopolitical supply chain threats.Also in this story
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- The Ministry of Housing and Urban Affairs is developing a standardized methodology to assess the economic output of several major Indian cities, including Bengaluru, Chennai, and Hyderabad.
- Anuj Puri comments on the Indian housing market, noting that the market in Hyderabad and Bengaluru is being weighed down by the geopolitical conflict in West Asia.