The National Association of REALTORS (NAR) India and Universal Consulting Opportunities (UCO), a subsidiary of Stellar Multiple Listing Service (MLS), have partnered to introduce a modern MLS platform in India. This collaboration marks the first step in building a cross-border real estate bridge between the US and India. The partnership will debut with the launch of India’s first MLS pilot in Mumbai. This initiative aims to bring structured data, greater professionalism, and market transparency to India’s $1 trillion real estate sector.
The collaboration combines NAR India’s market understanding with UCO’s global MLS expertise, benefiting agents, brokers, developers, and consumers. “India’s scale, digital maturity, and economic growth make it the ideal market to reimagine how real estate information is shared and trusted,” said Merri Jo Cowen, Chief Executive Officer of UCO and Stellar MLS. “Through this collaboration with NAR India, we aim to establish a foundation that simplifies transactions, improves transparency, and opens global opportunities for Indian real estate professionals.”
The partnership creates a two-way ecosystem, enhancing trust, standardization, and data-driven insight for buyers, sellers, and professionals. Indians are the fourth-largest group of foreign buyers in US real estate, accounting for 6% of international transactions. Non-Resident Indians (NRIs) are a powerful investment force in India. “For years, the Indian real estate sector has needed a system that brings structure, reliability, and accountability to property data,” said Sumath Reddy, Chairman, NAR India. “With the MLS entering our market, we are taking a decisive step toward a more organized, transparent, and trustworthy ecosystem.”
This partnership is expected to have a significant impact on the Indian real estate sector. “This partnership represents more than technology adoption – it’s about global integration,” said Tarun Bhatia, Vice Chairman and Chair – Global, NAR India. “By working with UCO, we’re setting a new standard for how real estate data is managed, accessed, and shared, empowering our members to build credibility and compete on a global stage.”
The launch of India’s first MLS pilot reflects NAR India’s commitment to elevate the profession and empower its members with tools that match global standards. “The launch of India’s first MLS pilot reflects our commitment to elevate the profession and empower our members with tools that match global standards,” said Amit Chopra, President, NAR India. “This collaboration is not just about technology – it’s about trust. It will redefine how properties are listed, verified, and transacted, ensuring that professionalism and integrity become the new benchmarks in Indian real estate.”
