Brokers turn realtors

In an interesting turn of events, Indian equity brokers are turning themselves into real estate brokers.

Not a day goes by, when one does not get an email from brokers hawking a real estate project.

Some of the equity brokers who have become very active realtors are ICICI Direct, Kotak, Karvy, SMC, Indiabulls etc

It would be interesting to see how much of their income comes from realty brokerage as opposed to equity brokerage

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