Real Estate Platform Raising Funds In Lucknow
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About Business
The owner operates a real estate business specializing in seamless property management solutions for both corporate and residential rental housing. With a strong offline presence and established partnerships with over 400 property owners and 300 tenants, the company is now building a smart, tech-driven platform aimed at streamlining the processes of renting, subletting, and maintaining properties for both owners and tenants.
Scheduled to launch by July - August 2025, the platform will allow property owners to list their properties and manage tenant details with ease. At the same time, tenants will be able to explore property listings, book site visits, secure rentals, and access value-added services such as packers and movers and home maintenance.
Discussions are currently underway with service providers like UrbanClap to integrate essential maintenance services - including plumbing, electrical work, and more - directly into the platform.
Clientele type
The clientele includes homeowners, tenants, and a wide range of rental property stakeholders.
Premises
LEASED
Lease per month (in INR): 90.00 K
Security Deposit (in INR): 3.60 L
Carpet Area: 1,146 sq ft
They operated from a rented office spanning 1146 sq. ft.
Asking Price Includes
The owner is willing to offer 20% to 25% equity in the business.
Asking Price
INR 40.00 L
Minimum ticket size
INR 40.00 L
Reason
The owner is looking to raise funds to scale operations, expand the team, develop the app and website, and invest in marketing initiatives.
More Details
The founder brings six years of real estate experience to this venture.
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₹10 to ₹200 Cr
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