The business of real estate is serious business and today, it has almost become a gold mine. Truth be told, there are many entrepreneurs who have tapped into it and are making millions. People are always on the lookout to buy houses and buildings and are either looking to buy or rent.
The real estate sector is expected to grow at a 2.69% annual rate (CAGR 2025-2029), reaching a market value of $727.80 trillion by 2029. It is for this reason that this industry stands with a lot of business opportunities.
We get many people in our community asking about real estate business ideas. if you are here probably you are looking for the one. You may not know this but there are niches within the industry of real estate that are untapped. If by any chance, you are eyeing this industry for a long time and are on the lookout for a suitable opportunity to tap into it, here are 12 Real Estate business ideas in India that you should consider.
Market size of the real estate industry in India in 2015 to 2022, with estimates until 2047
Property Management
Property management in real estate involves maintaining relationships with landlords, tenants, and contractors while handling legal and financial aspects. It requires a real estate lawyer to verify documents, contractors for maintenance and repairs, and an accountant to manage transactions. To simplify operations, businesses can use an online property management platform for secure and efficient management. Many real estate software companies offer customized solutions to streamline tasks and improve efficiency.
Real Estate Development Or Construction
This is a multifaceted real estate business idea, which is known to encompass activities that range right from the re-lease and renovation of the existing buildings to the sale of the improved land to the purchase of raw land. If you have the financial gene in you and a good team, it is recommended that you should venture into the development or construction of real estate.
Real Estate Management Company
Now, even if you don’t want to venture into the development and construction of the real estate, all is not lost. You can still be in the industry as a real estate management company.
Many people who own multiple properties find it hard to keep track of everything on those properties let alone manage them. In this case, it will be the job of your company to maintain as well as manage the property of your clients and that too, on a commission basis while making sure that the cash flow from the client’s property stays positive. It is a profitable business related to real estate.
Property Styling
Do you know that the property stylists are professionals who are known to prepare buildings for sale or rent? Yep, that’s true. Such business does exist. If you are a property stylist, you will be called upon to add finishing touches to any house or building that is available for sale or rent, so as to make the house or building visually appealing to the customer.
Of course, who hasn’t heard of the term ‘Interior Design’? As an Interior Designer, you will be expected to beautify the internal aspects of the house. If you are interested, you too can join the team of those who are known to specialize in designing the spaces in the homes of the people while earning a living from it.
Personalized Services
One of the most innovative real estate relatad business ideas on the list is personalised services. There is nothing that will beat the idea of personalizing the services for the customers. Do note that it is extremely important to recognize the individual differences among the clients and based on that, you can offer numerous services that will suit their unique needs. Keeping this in mind, you can start a business that gels up with the customers and solve all their real estate related problems.
Real Estate Business In India
Renovation And Repair
There have been a lot of natural calamities and disasters in recent years. Based on that, it would be a good idea if you manage to provide repair as well as construction services along with your real estate or property business. It goes without saying that this growing market will surely bring a whole lot of profit to your company.
Environmental Design
Now, this is a trend that has going on during recent years and has been dominating quite a scene. A home that is not only environment-friendly but is also designed to help lower the consumption of electricity is something which will attract the customers in hordes.
If you can somehow come up with an innovative idea and also make it visually appealing, people will be ready to give you whatever you will quote. Be sure to include such features in your homes too.
Online Real Estate Marketing
This is a property business idea that you can start with a low investment. You can offer online marketing services for real estate brokers as well as for agents. By doing this, you will be helping them in running online marketing campaigns through various media channels. If you have a background in online marketing, then, all the more reason to deviate towards this business idea.
It is the architects who are known to draw as well as design houses and other structures before they are begun to be built physically. Today, the field of architecture has seen a huge advancement with the introduction of 3D design software packages such as AutoCAD. If you have an eye for design, then you can opt for this business idea by helping people come up with great designs.
Real Estate Appraisal Business or Valuation Company
This is another niche into which you can tap. Now, many know that by merely seeing a property, it is quite impossible to tell its true valuation. If you are experienced enough can tell the actual value of any property, then you can start this business. You will be expected to determine the estimate of what the property is worth before it is bought or sold by your client.
You can manage short-term rental properties for owners who are not around by handling listings, reservations, guest communication, cleaning, and repairs. This business works well in vacation spots like mountain homes or lake cabins, helping owners rent out their properties without hassle. With the rise of platforms like Airbnb, starting a vacation rental management business can be a great way to earn money.
Landscaping Business
Landscaping businesses help design and maintain outdoor spaces by planting trees, mowing lawns, and setting up irrigation systems. This hands-on real estate related business includes planting greenery, shaping land, and keeping outdoor areas neat to improve beauty and property value. Services can also include building patios, walkways, or ponds. With low startup costs and a growing demand for landscaping, this business can be a profitable opportunity for both residential and commercial properties.
Conclusion
Keep in mind that there are numerous property ideas and opportunities in the real estate industry, and if you have the passion, know-how and the required capital, you will never go wrong with any of these real estate business ideas in India.
FAQs
What is a real estate business?
A real estate business is a business that involves buying, selling or renting properties. A real estate agent assists buyers in helping buy or sell their houses.
How much does it cost to start a real estate company?
When starting a real estate company, you require at least $5000 to $10,000 but some entrepreneurs have also started their real estate business for less than $1,000.
How to start real estate business in India?
Confirm the regulations in your state before getting started.
Choose a unique business name.
Prepare a business plan.
Build your team.
File an Article of Organization with your state.
Create an operating agreement for the business.
Publish an intent to file (if required in your state).
Apply for a tax identification number through the IRS.
What is the future of real estate in India?
The real estate sector is expected to grow at a 2.69% annual rate (CAGR 2025-2029), reaching a market value of $727.80 trillion by 2029.
What are opportunities in real estate business in India?
Real estate in India offers great opportunities in residential, commercial, and rental properties. Key areas include affordable housing, co-living spaces, property management, real estate tech (PropTech), and vacation rentals. With urbanization and rising demand, investing in real estate development, brokerage, or REITs can be highly profitable.
You wake up one day and see dozens of messages, complaints and multiple requests from your tenants. As soon as you go through the first request, you get ten more at once, putting you under pressure. Responding to all tenant requests is difficult and practically impossible to accomplish.
Whether you are an independent landlord or a commercial property manager, managing your property is vital to surviving in the highly competitive modern-day market. Apart from this, it is equally important to automate and streamline your tasks.
However, managing properties can be a complex and time-consuming task, especially for property managers who are responsible for multiple properties. This is where property management solutions come in. Messages, requests, or complaints, property management software allows you to streamline all these under a single bracket.
So, what is property management software? How do they work? This article will give you a brief overview of property management software, as well as give you a rundown of the top property management software options on the market today.
Property management software is an app-based software tool that comes with multiple functionalities that allow landlords and commercial property managers to streamline their day-to-day operations. Property managers can automate their back-office, financial, and administrative processes with property management software.
A typical property management software generally offers the following features:
Maintenance Tracking
E-Leases And Lease Management
Document Storage
Online Tenant Portal
Rent Payment Processing
Tenant Checks (Screening)
Property Marketing
Online Payment Processing
Depending upon your needs and requirements, the property management software you select will offer you a wide range of services based on the size and type of your portfolio.
Most Common Property Management Services
Given the various features present, property management software saves you precious time by significantly reducing your workload and streamlining existing workflows. Whether you’re managing thousands of units or you own only one property, property management software can make your life easier.
The primary benefits associated with property management software can add to the growth of your business as well as create new opportunities to grow.
As we mentioned earlier, whether you are managing multiple units or just a single property under your management, property management software can make life easier. Accordingly, this property management software is divided into two types as
1 – Residential Property Management Software
Residential property generally refers to residential housing, student housing, and other affordable housing societies that are usually managed by independent landlords who manage not more than 5 properties at a time.
Accordingly, property management software for residential properties is generally free to use and provides a good degree of automation by providing the features you need. However, if you manage more than 100 properties, then you need something more powerful that allows you to automate your administrative tasks.
Residential Property management software is a basic solution that gives you all the must-have features followed by some advanced add-ons like AI Leasing and 24/7 customer support.
2 – Commercial Property Manager Software
Unlike residential property management software, commercial property management software is more robust and is made primarily if you own properties such as retail stores, office spaces, industrial properties and more.
Commercial property management software gives you all the solutions followed by marketing and leasing features curated especially for your commercial needs. Commercial property management software provides all market features which are not found in any residential property management software. This includes features such as common area maintenance, corporate accounting, and so on.
How to Select Property Management Software
When researching property management software, make sure you take into account the size and type of portfolio you have. Furthermore, there are certain criteria you should also consider while evaluating property management software. To avoid common mistakes in evaluation, here are the factors to consider when selecting a property management software:
Features
When it comes to choose property management software, it is important to be aware of the features of the management software. But with dozens of features, it can be hard to keep track of which specific feature is present in which software. The best way to do this is to create a feature track sheet that includes the features needed and then all the additional features you think might be nice to have. Doing so will help you narrow down the platforms based on relevance. Maintenance tracking, in-app messaging and online payment processing are just some of the features that will help you customize your business. Meanwhile, extra features usually mean you have to give up some essential features.
Usability
Most software management software comes with a free trial feature that allows you to evaluate the usefulness of the software for a set period of time. While choosing a property management software, the free trial will help us evaluate its usefulness and get a rundown of the various features and workflows and get an overall feel of the software.
From the user interface to the features, the free trial gives you a walkthrough of everything. If some management software doesn’t have a free trial feature, you can always schedule a product demo.
Price
Once you are done with the free trial or a product demo, it’s time to move ahead with one of the shortlisted software. Each property management software will have different prices depending on the sophistication of the product. While some software will charge you monthly fee, some prefer to charge their clients an annual fee for their services. Furthermore, the pricing also depends on whether you are a small business owner or a commercial property manager.
Customer Support
When it comes to using property management software, you know you will be using it constantly. However, this makes it prone to certain issues every now and there. This is where you need software with an exceptional customer support programme.
Rock-solid customer support can be crucial and a time-saver when it comes to troubleshooting. Also, if you are using a particular software for the first time, the customer support can help you solve many of your queries.
Here is how you can evaluate the level of customer support based on the following questions
Does the software company have live chat, phone, and email support?
Is there one-on-one onboarding support present?
Does the company provide customer support services 24/7?
Is customer support a part of all subscription plans?
Imagine using a fax machine in a land of smartphones. The idea is so crazy that one can barely imagine it. The same is the case with property management solutions. Each passing year brings a plethora of new software, while either ditching the existing ones or making significant updates.
Be that as it may, you should stay on top of this matter and get the best property management software for yourself. However, given the number of options at your disposal, choosing the right software can be difficult.
This is where we come, we have shortlisted the top 10 Best Property Management Software you should try in 2023:
Rent Manager
Website
www.rentmanager.com
Rating
4.4/5
Founded
2020
Users
3097
Free Trial
Available
Platforms Supported
Web, Andriod, iPhone/iPad
Rent Manager Property Management Software
Rent Manager is one the largest e-payments processor in the real estate industry with over 3 million units on its payroll. It is an extremely convenient and extremely easy-to-use property management platform that gives you access to dozens of features such as:
Management Database
Integrated Accounting
Contact Management
Work Order Capabilities
Marketing Solutions
With access to these solutions, you can track, manage, and resolve your service issues while simultaneously keeping an eye on your accounts and finances in the form of detailed reports. Whether you are looking for tenants or buyers for a property, you can design a highly interactive design that integrates directly with Rent Manager.
In addition, the platform is completely mobile-friendly which means you can accept payments, organize and supervise inspections, enter work orders, take photos and more, and note all issues and complaints on the go.
Not only is Rent Manager for property managers themselves, but tenants also have access to real-time information and transaction records, sign their leases, pay rent, and perform other tenant activities from their app.
If you are a company with a wide portfolio, then Appfolio property management software is the best for you. Whether you are managing a multifamily, single-family, condo, or student housing accommodation, Appfolio will for you. This comprehensive property management software is extremely easy to learn and equally easy to use. Furthermore, the developer team is constantly working on taking feedback, adding new features and improving the app.
With AppFolio, you get access to features such as:
Owner Portal
Maintenance Request Management
Marketing Tools
Rental Application Management
Accounting
Lease Tracking
Contact Information
Billing and Invoicing
Commercial lease templates
Residential Lease Templates
Lease Origination
Similar to Rent Manager, Appfolio has a mobile-friendly version, using which you can access all the important things on the go. This intuitively designed app is self-automated and has rich functionality that combines to provide you with a comprehensive user experience.
The Plans for Appfolio start at $1.40/month and there is also a free trial for you to get an overview and check whether it suits your needs. Lastly, the user-friendly interface of the platform is easy to navigate and highly intuitive.
Pricing:
Residential:
Plan
Monthly Price
Core
$1.40 starting price per unit / per month
Plus
$3 starting price per unit / per month
Community Associations:
Plan
Monthly Price
Core
$0.80 per unit / per month
Commercial:
Plan
Monthly Price
Core
$1.50 per unit / per month
Plus
$3 per unit / per month
Yardi Voyager
Website
www.yardi.com
Rating
4.2/5
Founded
2012
Users
12,000+
Free Trial
Not Available
Platforms Supported
Web
Yardi Voyager Property Management Software
Unlike the previously mentioned software on our, Yardi Voyager is one of the few platforms that are perfect for both commercials as well as enterprise property management. Established in 1982, the company has received an A for its dedication to customer service when it comes to providing them with the best real estate software.
Furthermore, you can customize this software based on your business requirements. Accordingly, the website will suggest custom quotes to choose from. With Yardi Voyager, you get access to several features that are specific to different types of residential and commercial properties such as:
Affordable Housing
Senior Living Facilities
Military Housing
Office Spaces
Retail Offices
Airports
Ports
Recreational Spaces
Parks
Government Edifice
Storage Facilities
Student Housing
Depending on the type of portfolio you have, you bundle the specific products to build yourself software that will take care of everything right from marketing and leasing to accounting and reporting. Moreover, the software is mobile-friendly and is native to both Android and iOS.
Given the diverse set of features present in Yardi Voyager, it is the perfect fit if you are a large property management company.
Pricing:
They have custom pricing. Contact Vendor directly for pricing information.
MRI Software
Website
www.mrisoftware.com
Rating
4.3/5
Founded
2010
Users
17,000+
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
MRI Property Management Software
MRI property management software is designed exquisitely for commercial and large apartment buildings. What makes MRI software unique is that this property management software is generally owned collectively by a group of investors rather than a single landlord.
Since a group of investors requires a certain set of tools for analysis, this software is heavier compared to the rest as it comes loaded with numerous features that cannot be found in other property management software.
In addition to rental management, MRI software also has a few planning tools in its arsenal using which you can:
Manage And Plan Investments
Track Investments
Manage Spaces
Devise A Strategic Plan
Property Management And Accounting
Lease Abstraction
Facility Management
Unfortunately, there is no free trial on offer. However, the software application is native to both Android and iOS and offers a comprehensive view of property management, accounting, and other facilities required for your real estate business.
Pricing:
They have custom pricing. Contact MRI software directly for pricing information.
TenantCloud
Website
www.tenantcloud.com
Rating
4.1/5
Founded
2014
Free Trial
Available
Platforms Supported
Web, Android, iPhone/iPad
TenantCloud Property Management Software
What makes this software unique is that this property management software is 100% free. If you’re a manager with 75 or fewer units, all of the features available are free to use. It is completely cloud-based service and does not have desktop installation. You get access to all the basic accounting features like online rent payments and financial reports. In addition, you can streamline your work order, vendor payments, and other related tasks.
Although it is free, TenantCloud offers all the features one would expect from a paid application such as:
E-Payment Services
Tenant Screening
Late Fees Calculation
Advertisement
Maintenance Requests
Online Tenant Portal
TenantCloud has online training, support, and product demos to help customers know what they’re getting. Additionally, the software has webinars on offer multiple how-to guides clearly designed followed by excellent 24/7 support for the customers.
Pricing:
Plan
Monthly Price
Free
$0/month
Starter
$15/month
Growth
$50/month
Business
Custom plans
Buildium
Website
www.buildium.com
Rating
4.5/5
Founded
2004
Free Trial
Available
Platforms Supported
Web, Android, iPhone/iPad
Buildium Property Management Software
If you are looking for full-featured software that does everything, then your search stops at Buildium. This multi-functional property management software has a vivid interface that allows you to perform several tasks with ease.
You can manage vacancies, attend to maintenance requests as well as organize your accounting. Moreover, you can set up rent reminders, generate detailed reports on demand, and create a complete bookkeeping within minutes.
Furthermore, the software allows you to choose a plan based on the size and type of property you own and manage. In addition to all the features present, Buildium has integrated with several third-party platforms such as Forte, HappyCo, Hotpads, Lovely, MSI, and so on.
Pricing:
Plan
Monthly Price
Essential
starting at $52/month
Growth
starting at $166/month
Premium
starting at $479/month
SparkRental
Website
Sparkrental.com
Rating
4.7/5
Founded
2016
Free Trial
Available
Platforms Supported
Web
SparkRental Property Management Software
To manage your rental income, SparkRental is another piece of property management software using which you can post rental listings on multiple websites with a simple click. Moreover, you can request and manage all your rental applications online.
Also, SparkRental allows you to download tenant notices followed by eviction notices for each state at no extra cost. Furthermore, with SparkRental, you can request an all tenant screening reports comprising credit, criminal, and prior eviction information.
This property management software has a new feature in the pipeline that will soon allow property managers to outsource their property maintenance calls for a small monthly charge.
Pricing:
Pricing varies.
Re-Leased
Website
www.re-leased.com
Rating
4.5/5
Founded
2012
Users
6000+
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
Re-Leased Property Management Software
From commercial to residential, Re-leased will take care of all your property management needs. This automated and intelligent property management software will ensure that you never miss important dates, action items, or any lease event.
With Re-Leased, you get a complete, timely and fully automated workflow on your dashboard that includes multi-layered reporting and an analytics report. Thanks to the software’s powerful insights, you can map out your areas of growth, improvement, and potential revenue streams to boost your overall work efficiency.
Furthermore, the software offers a cloud-based application solution that allows you to access important information anytime, anywhere, and from both iOS and Android-powered devices.
Pricing:
They have custom pricing. Contact Re-Leased directly for pricing information.
Propertyware
Website
www.propertyware.com
Rating
3.8/5
Founded
2008
Users
1100+
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
Propertyware Property Management Software
If you are a landlord who manages single family homes, you can understand how overwhelming property management becomes after a while. This is where Propertyware will be your best friend which is built with the simplest interface.
Although it doesn’t have dozens of features as compared to other software, it has just the right amount of software suites you need when managing the above properties. The software is easy to learn and easy to use.
Each plan present at Propertyware allows you to list vacant properties, screen new tenants, collect rental payments, schedule maintenance and receive your financial reports.
Pricing:
Plan
Monthly Price
Basic
$1.00 unit/month
Plus
$1.50 unit/month
Premium
$2.00 unit/month
Condo Control
Website
www.condocontrol.com
Rating
4.7/5
Founded
2008
Free Trial
Not Available
Platforms Supported
Web, Android, iPhone/iPad
Condo Control Property Management Software
With Condo Control, you get software that is easy to use and is loaded with dozens of rich features that give you absolute control over your properties, both big and small. Established in 2008, Condo Control serves condominiums, co-ops, HOAs, and management companies, among other industries.
This diverse range of features goes from accounting integration, online payments, announcements, violation tracking, schedule maintenance requests, and more. It can also integrate with various software solutions so it can play well with your existing processes. All these features streamline your workflow both as property managers and residents.
Condo Control – Property Management Made Simple
Pricing:
They have custom pricing. Contact Condo Control directly for pricing information.
Conclusion
Property management software is cloud solution landlords and property managers can implement to help benefit their business. This software will help add to your profits by streamlining your business workflow and reducing workload. If you are a commercial property manager, these property software can be a major time-saver for your business.
Most of these platforms are free to use while some charge you a monthly or yearly fee. However, make sure that you choose the software based on your needs and requirements, mainly the size and type of your portfolio. Also, to ensure that you get yourself the best software, make sure you consider software criteria such as usability features.
As a landlord or a property manager, this property management software can be of great help in streamlining your day to day operations.
FAQ
What is property management software?
Property management software helps landlords and real estate professionals track leases, residents and maintenance tasks, as well as collect rent and manage finances.
Why do I need property management software?
Property management software can help you save time and money by automating many of the tasks associated with managing rental properties. It can also improve the overall organization and efficiency of your business, making it easier to manage multiple properties at once.
What to look for in property management software?
Specific key rental management tools include professional-level accounting, online rent payment, tenant communications, asset control, inspections and maintenance.
What is property management CRM?
Property management CRM is specially designed software that helps property owners and managers to establish a successful relationship with current and prospective residents.
Which is the best property management software?
The following are the best property management software
Rent Manager
Appfolio
Yardi Voyager
MRI Software
TenantCloud
Buildium
Spark Rental
Re-Leased
Propertyware
Condo Control
Can property management software help with tenant screening?
Yes, many property management software solutions include tenant screening features such as background checks, credit checks, and rental history checks. These features can help you make informed decisions about potential tenants and reduce the risk of problematic renters.
Can property management software integrate with other business tools?
Yes, many property management software solutions offer integrations with other business tools such as accounting software, online payment systems, and marketing platforms.
Real Estate is always considered as one of the best investments by Indians. There are several real estate companies in India. In a country like India where the population is increasing, the real estate industry is considered to grow much more in the near future.
The increase in demand for the real estate will increase the wealth of the real Estate developers in the country. The covid-19 pandemic and the lockdown had dragged down the real estate industry.
Net Worth: INR 36,733 Crore Real Estate Business Name: Lodha Group
Remarkable Projects of Lodha Group: The World Towers, Trump Tower Mumbai, Lodha Park
Mangal Prabhat Lodha – Richest real estate developers in India
Mangal Prabhat Lodha is the founder of Lodha group which is an Indian real estate company. It is headquartered in Mumbai, India.
The company has developed residential and commercial properties in and around India which include Mumbai, Thane, Pune, Hyderabad, and London.
Rajiv Singh
Net Worth: INR 61,220 Crores Real Estate Business Name: DLF
Remarkable Projects of DLF: Shivaji Park, Model Town, and Kailash Colony
Rajiv Singh – Richest real estate developers in India
Rajiv Singh is the chairman of the DLF company. Delhi Land & Finance (DLF limited) is a commercial real estate that was founded by Chaudhary Raghvendra Singh in 1946. The company is based in New Delhi, India.
Chandru L Raheja and family
Net Worth: INR 29,547 Crore Real Estate Business Name: K Raheja Corp.
Remarkable Projects of K Raheja Corp.: Mindspace, Shopperstop, InOrbit, and Commerzone
Chandru L Raheja – Richest real estate developers in India
Chandru Raheja is the founder of the company K Raheja Corp. K Raheja Corp is a Real estate developer in India. It was founded in the year 1956 and has its headquarters in Bangalore, India. The company develops commercial and residential projects, hospitality, and malls across the country.
Jitendra Virwani
Net Worth: INR 15,172 Crore Real Estate Business Name: Embassy Office Parks
Remarkable Projects of Embassy Office Parks: Manyata Embassy Business Park, Embassy Tech Zone
Jitendra Virwani – Richest real estate developers in India
Jitendra Virwani is the managing director and the chairman of the Embassy Office Parks. The company was founded in the year 1993 and is located in Bengaluru, India. In August 2020, Embassy agreed to merge its residential and commercial projects with listed Indiabulls Real Estate.
The company develops commercial, residential, industrial warehouse spaces, retail, education, and hospitality. The company has developed projects in and around India which include Bengaluru, Chennai, Hyderabad, Pune, Coimbatore, Serbia, and Malaysia abroad.
Niranjan Hiranandani
Net Worth: INR 11,978 Crore Real Estate Business Name: Hiranandani Group
Remarkable Projects of Hiranandani Group: Hiranandani Sands, Hiranandani Fortune City, Hiranandani Parks, Mount Alterra, Hiranandani Business Park, and Hiranandani Signature – GIFT City
Niranjan Hiranandani – Richest real estate developers in India
Niranjan Hiranandani is the co-founder and managing director of the Hiranandani group. The company was founded in the year 1978 in Mumbai, India. This group is one of the largest real estate groups in India. He is also ranked by Forbes among the 100 richest Indians.
This company develops health, education, hospitality, and energy spaces. The company has developed projects across Bangalore, Mumbai, and Chennai.
Net Worth: INR 23,956 Crore Real Estate Business Name: Oberoi Realty
Remarkable Projects of Oberoi Realty: Oberoi Garde, Oberoi Seven, Oberoi Woods, Oberoi Exquisite, and Oberoi Esquire
Vikas Oberoi – Richest real estate developers in India
Vikas Oberoi is the chairman and managing director of Oberoi Realty. The company is based in Mumbai and was founded in the year 1980. The company develops offices, apartments, shopping malls, and hotel spaces.
Raja Bagmane
Net Worth: INR 16,730 Crore Real Estate Business Name: Bagmane Developers
Remarkable Projects of Bagmane Developers: Bagmane Tech Park, Bagmane World Technology Centre, and Bagmane Solarium City
Raja Bagmane – Richest real estate developers in India
Raja Bagmane is one of the directors of Bagmane Developers. The company was founded in the year 1996 and is located in Bengaluru, India.
The company is involved in real-estate activities which include buying, selling, renting, and operating self-owned or leased real estate.
Subhash Runwal
Net Worth: INR 11,450 Crores Real Estate Business Name: Runwal Group
Remarkable Projects of Runwal Group: R City Offices, R square, and R City Mall
Subhash Runwal – Richest real estate developers in India
Subhash Runwal is the founder and chairman of the Runwal group which was founded in the year 1978. The company is known for building homes in the city and suburbs. The company even owns several malls.
Ajay Piramal and Family
Net Worth: INR 29,540 crore Real Estate Business Name: Piramal Group
Remarkable Projects of Piramal Group: Piramal Mahalaxmi, Piramal Vaikunth, Piramal Reventa, Piramal Aranya, and Piramal Agastya
Ajay Piramal – Richest real estate developers in India
Ajay Piramal is the founder and chairman of the Piramal group which was founded in 1984 located in Mumbai, India. He has also been awarded the Business Leader of the Year Award, 2018, International Advertising Association Leadership Awards.
The company has a presence in various sectors such as healthcare, life sciences, drug discovery, financial services, real estate, and many more. The company had formed its own real estate company, Piramal Realty.
Net Worth: INR 8,782 Crore Real Estate Business Name: The phoenix Mills Limited
Remarkable Projects of The phoenix Mills limited: One Bangalore West, Rajajinagar, and Phoenix Fountainhead
Atul Ruia – Richest real estate developers in India
Atul Ruia is the owner of the Phoenix Mills Limited. The company was opened in the year 1996 and is located in Mumbai, India. Atul Ruia is also on the board of 19 other companies.
The company owns the High street Phoenix which was formerly known as Phoenix mall. It is one of the largest shopping malls in India. In addition to the mall, the compound has a 5-star hotel, a multiplex, a residential tower, and a commercial space.
Conclusion
This is the list of the richest real estate developers in India. Real estate sector is one of the most acknowledged sectors in the world and is expected to grow more than double in the coming years. Indian Billionaires in the real estate businesses are adding up with huge net worth. Urbanisation and rising household income has made the industry grow unprecedently.
FAQs
Who is real estate king in India?
Mangal Prabhat Lodha is known as real estate king in India.
Who owns most land in India?
Indian Govt is the biggest land holder in India.
Who is the richest real estate developer?
Donald Bren is the richest real estate developer with an estimated net worth of $15.5 billion.
Who are the Richest real estate developers in India?
Top 10 richest real estate developers in India are:
There is a rising trend in demands for small and big properties in the real estate business due to the continuous growth of industries in big cities. People are searching for short-term rental homes and investments in big properties. In this highly competitive real estate market, property builders and real estate agents need to fix at least 80% results to get leverage in the market. Lead generation is the biggest goal for them so they can expect to capitalize on the best opportunities in the end.
Lead generation is a challenging task in the real estate business. It requires to personalize communication at every stage of the sales cycle. The first step is to build trust in your fresh prospects which can be used to get extra mileage further in the sales process. Mouth referrals work quickly and give good returns!
Understand the market trend and implement the best strategies to generate constant leads in real estate. There are a lot of ideas you can apply on tried and tested basis but I am listing out the best strategies that certainly will increase your pipelines with fresh prospects.
Networking means in the real-estate business is to make connections with potential prospects with an idea to convert them into a reality. There is no harm to start with the traditional way of marketing like getting into the doors of the neighbourhood, introducing your best offers, calling numbers to potential buyers, distributing pamphlets and flyers, and so on.
It increases your network but in the digital age, you have to keep pace with modern technologies to run on the same track. You have a better chance to attract and convert leads through relevant content and incentivized deals.
You can contact your target customers through email marketing and make them aware of your lucrative offers for their delights. It keeps alive your name and brand in your networks. According to the survey of NAR conducted in 2020, 88% of buyers purchased their homes through real estate agents only.
To expand your real estate network:
Create a user-friendly website with enriching UX design, easy navigation, clear and simple information, detailed description of the area, amenities, sizes, price, landscape views, and graphical and statistical presentation of progress report to display a professional outlook. Your website is a medium through which your clients know about you.
Engage with the community, join business events, participate in local groups, and gatherings and expand your social circle.
2. Join Marketplace
Add your properties in the marketplace where prospective clients can know about details and communicate with you. The online marketplace can generate leads in a short time.
Facebook and Instagram have effective marketplace to promote the real estate housing business. There are so many advertising houses/groups on social media where you can join and advertise your properties. You can discuss with people, know their expectations, promote your deals with attractive prospective and offer incentives and discounts also.
Collect leads data, their interest, and price range, then keep track of leads and improvise your process and strategies as needed. Start personalized communication with leads based on their interest and showcase your offerings that target their demands.
3. Ask for Referrals
According to the NAR survey, 64% of sellers found their agents through referrals from friends, neighbours, or relatives. Referrals do half the task done and you just need to nurture your leads than pursue them to listen to you. Ask for referrals from your old buyers and satisfied clients.
Referrals work like a magic and automatically generate leads for you. If you are new, you can have contact with some organizations on mutual interests and in return, they can refer to your name.
Lead generation in the real estate business is a quite challenging task and you are stressed to increase your efficiency by converting most of the leads into the actual buyers. Your focus should be on making personal contact, building relationships, and fixing one-on-one meetings with the leads to get the quality output.
It is essential to make a comprehensive strategy for tracking and managing leads, making phone calls, pursuing personalized communication, emailing, and physical meetings so you can analyze the process and work on shortcomings.
4. Build Partnerships with Local Businesses
Build mutually beneficial partnerships with insurance companies, personal bankers, lenders, near about hospitals, bakeries, hardware, etc, and try to co-host events for forming common clients. Offer discounts to clients for using referred connections so you and your partners can nurture leads for common growth.
5. Leverage Social media
Social Media Marketing is an indispensable strategy that cannot be excluded in the age of digital marketing. Facebook, Instagram, LinkedIn, and Twitter are popular mediums to exploit the potential of online resources. LinkedIn creates professional networking and through LinkedIn ads, you can have potential leads. Facebook and Instagram are cost-effective lead generation mediums that enable to join different online groups and events to communicate with target clients.
You can give a personal touch to your content and post-eye-catching visuals to gather traffic. Facebook ads and Facebook groups create target audiences who are easy to track and manage in the lead generation process. You can evaluate your success rate and decide to further continue on ads or look for other strategies.
6. Employ Video Marketing
According to a survey, 73% of prospective clients are interested in watching the video about the house properties. YouTube videos are an effective medium to communicate with your leads and impress them with enticing landscape views of buildings, gardens, and apartments.
Use a good camera, lighting equipment, sound narration, and editing software to give it a professional touch. Create an impacting video that covers all aspects of marketing strategies including, client interviews, live question and answer streaming, agent profile, yearly progress, real estate events, and information.
7. Create Content Marketing Campaigns
Create email templates, newsletters, and blogs to communicate with your subscribed leads. You can convey your leads about valuable insights, discounts, mortgage rates, best listing, and relevant details about your existing and upcoming housing projects through regular newsletters and email communication.
Organize your subscribed leads on various criteria and interests and send them relevant promotional content. Apart from this, articles and client testimonials, backlinks, community news, and social media links can also contribute to bringing leads to your content.
8. Optimize Your Website for SEO
Buyers often search on Google for new homes and properties so a good search engine ranking increases your visibility. SEO optimization and keyword-rich content increase Google ranking for your blog content in the search engine. Update your website or blog with valuable content and time-based trends or events. Search engine visibility increase website traffic and generate online leads for your content.
Segment your leads based on their interaction with the websites, demographics, and interests, and create buyer’s personas to tailor emails, educational materials, and newsletters. It enhances personalization and target communication with leads.
9. Attend Expos and Tradeshows
Local or global events and tradeshows are good platforms to showcase your real estate projects and create awareness about your name and brand. Communicate with potential buyers or partners, distributes some flyers, and pitch the ground to generate leads for your real estate property. You also can have an opportunity to meet with industry experts and gain insights into the latest and upcoming trends.
Conclusion
Applying strategy is not enough if you are not aware of its progress or lacking, analytically. You need to constantly evaluate your current strategies to track their progress in the lead generation and conversion process. However, there is no fixed strategy to generate real estate leads, you have to be flexible enough to implement changes in your current strategy or apply a new one if fresh prospects are coming into the sales funnel.
Be agile to incorporate any new strategy; sometimes take a step back, analyze and then move forward with the set target. Always be ready to experiment with a fresh outlook along with the flow of knowledge about market statistics and trends.
Nurture your leads with trust, and positive relationships and constantly engage them in communication to fix sales deals within an expected time frame. Your satisfied clients can contribute to spreading your name further by positive reviews and references.
FAQs
How to generate leads for real estate?
You can optimize your website for SEO, join marketplaces, ask for referrals, build partnerships with local businesses, and leverage social media.
What are some of the types of real estate leads?
Referrals, Organic, Portals, PPC, and Social Media
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Assetmonk.
Traditionally, real estate investments have always been a part of Indian investing trends. It was a custom to own a house for rental purposes, and pass it on to the next generation or sell it for a profit and continue the loop. But, the thought of investing in commercial real estate rarely occurs. Some prominent reasons for this might be large ticket sizes (commercial real estate assets come with a heavy price burden), lack of awareness about quality real estate assets, and the time-taking process of asset management.
Being one of the highest yielding asset classes, the core team of Assetmonk had a pressing question – why should everyday investors, who proactively invest in stocks, mutual funds, gold, etc, be denied a chance to invest in commercial real estate?
As an attempt to offer a solution, Assetmonk, a wealth-tech platform, was founded in 2019 to popularize a new alternative investment class and democratize commercial real estate investing with fractional ownership. A concept that is new to the Indian market and holds immense potential to disrupt the investing habits of Indians. Driven by Surya Pulagam and Prudhvi Chinta, the startup has now become a thought leader in the industry with asset-backed wealth management. They have now made commercial real estate investments possible with a budget of just INR 10 lakhs and upwards, with a promise of higher returns. In this article, you’ll discover how Assetmonk was conceptualized, its growth, future plans, business model, funding, and more.
Assetmonk – Company Highlights
Company Name
Assetmonk
Headquarter
Hyderabad
Founder/s Name
Surya Pulagam, Prudhvi Chinta
Industry
Fractional ownership / commercial real estate investment
Founding Year
2019
Website
assetmonk.com
Registered Entity Name
Assetmonk Properties Pvt Ltd
Assetmonk – About and Vision
Assetmonk offers carefully vetted assets that are customized to meet the objectives of different investors. Its objective-oriented products are designed to cover a large spectrum of investors with different objectives, may it be value appreciation, regular passive income, or diversification of risk. Assetmonk’s real estate investment plans go through strict due diligence and expert evaluation to make the investment process as secure and safe as possible.
The vision behind Assetmonk is simple – totransform the largest and the oldest asset class to become more investment-friendly and make real estate investments accessible to more and more investors. Due to the high-ticket sizes, unavailability of reliable instrument vehicles, and enough knowledge, the high-quality assets and deals with higher returns have remained elusive for most regular investors for a very long time. Hence, Assetmonk works to break the stereotype and make real estate investments a smooth and transparent experience for every investor.
Assetmonk – Industry Details
The industry will move towards transparency, structured processes, and disruptive regulations like RERA that are boosting investment deals. The fractional real estate market opens doors for small investors and builders to promote growth and unlock value both for the investors and the owners, which worked out in countries like the USA. The Indian market is witnessing similar growth, with the help of REITS, building stability and attractiveness to commercial real estate.
Assetmonk – Idea & Inspiration
The real estate sector in India has always been unstructured and unorganized. Yet, it’s one of the largest asset classes that lack educational awareness. With more than a decade of experience in the sector, dealing with large fund houses and the numerous interactions with smaller investors, they now have an understanding that there is a need for a platform to simplify the complex and opaque transactions that dominate the market with a data-driven approach. Assetmonk is determined to streamline the selection process, democratize commercial asset classes and good quality deals for smaller investors.
The startup simplifies asset acquisition on the basis of a 100 point checklist called AssetScan, ensuring transparency, responsiveness, and eliminating the chaos associated with asset management.
Assetmonk prides itself on being a thought leader in real estate investment and asset-backed wealth management. This expertise came as a result of thorough market research by interacting with potential investors/NRI, buyers, and commercial builders. The initial response, once Assetmonk went to the market last year, was promising, which pushed it to expand further.
Assetmonk – Product and USP
The primary vision behind setting up Assetmonk was making Real Estate Investments enjoyable and easier to understand for investors with smaller ticket sizes but aspire for great quality returns or don’t have the time/ awareness for the same.
Assetmonk provides a reliable and investor-friendly tech platform that is accessible to all investors and strives to democratize real estate investments. It strives to bring high-end commercial real estate properties on the platform which would be inaccessible to independent investors otherwise. To the team at Assetmonk, every investor’s investment comfort is very important to them. To serve their needs, the startup offers a broad spectrum of investment opportunities to investors. At the end of the day, Assetmonk does all the hard work wherein the investors only reap the rewards of their returns hassle-free while tracking the investment performance through an intuitive dashboard.
Few of the points that make Assetmonk stand out –
A thorough 100-point due diligence process for asset listing
A diverse product portfolio for investors with different risk propensity
Robust dashboard for real-time updates and tracking
Efficient asset management till the exit/sale for a favorable value
All compliances and transactions are managed by the platform
Data Analytics led investment decisions
Assetmonk – Founders and Team
Assetmonk is the brainchild of Surya Pulagam. After his successful stint as the Managing Director at Electronics Art, he set up the Incor Group along with a partner from the previous stint. After scaling up the realestate entity to a large size, he went on to set up other entities including a health care chain and a coliving firm. Surya felt the need to transform the real estate industry in India by bringing order to the chaos and democratizing it through technology and fractional ownership. Together with Prudhvi Chinta as the COO of Assetmonk, who is passionate about bringing the technology to the idea, the duo aims to make commercial real estate accessible to everyone and optimize asset management.
Presently, Assetmonk functions as a separate business with 30 employees and a presence in three Indian metropolitan cities, Hyderabad, Bangalore, and Chennai.
Real estate is driven a lot by the market sentiments and many times does not follow the proven method of due diligence, information assimilation, and an objective decision. Hence, there is a need for someone knowledgeable and objective, like a monk. Thus, the name Assetmonk in real estate resonates with a team of experts working in the background, powering the monk to help people make smart investment decisions.
Logo – Sections of a pie also symbolize fractional ownership and the value of sharing.
Assetmonk – Logo and Tagline
Assetmonk – Startup Launch
The initial plan was to go about with physical on-ground events, but COVID-19 shifted the team’s focus to digital practices to find interesting investors and help them invest and track their investments. Other sources of business are a strong partner network, re-investments from existing investors, and referrals. The repeat interactions indicate the investor’s satisfaction level and put the team in the confident spot in terms of the business direction taken.
Assetmonk’s strategy is quite straightforward. No compromise attitude towards selecting the quality assets, relentless focus on investor returns and security, customer service, and transparency (sharing updates about investments via asset tracking dashboard). The team ensures attractive returns and profit margins, seamless investor and post-investment experience, and absolute investor relationship management.
Stepping into an unorganized sector, the startup’s major challenge was establishing trust and bringing awareness about this modern ideology of real estate investment, as opposed to traditional investing models that the public is accustomed to but unhappy with.
Assetmonk – Business Model & Revenue Model
To sustain the functions, Assetmonk’s revenue model consists of asset management fees and performance fees on exit. Assetmonk eliminates the hassle of property ownership by being involved from the start to the end, right from discovery to exit. Apart from an asset management fee, a performance fee is levied on the profit earned from the rental proceedings of the property.
Assetmonk – Funding and Investors
Assetmonk has raised funds from a strategic investor, who brings in a good amount of domain expertise and access to the assets to the table and fits in well as a long-term partner.
Assetmonk – Achievements
The participation of investors from multiple countries, a channel partner network, and a very healthy reinvestment rate stands as a testimony for Aseetmonk’s progress.
The latest addition is The Landing, India’s first-ever co-living venture at Hyderabad International Airport, where it designed the investment structure, educated the audience, and came on board as asset managers in the long term. It’s an aesthetically designed infrastructure with top-notch amenities like a microbrewery, health clubs, co-working space, F&B, and abundant networking opportunities.
Assetmonk – FAQs
What is Assetmonk?
Assetmonk prides itself on being a thought leader in real estate investment and asset-backed wealth management. It strives to bring high-end commercial real estate properties on the platform which would be inaccessible to independent investors otherwise.
Who is the founder of Assetmonk?
Surya Pulagam and Prudhvi Chinta are the founders of Assetmonk.
How does Assetmonk make money?
Assetmonk’s revenue model consists of asset management fees and asset performance fees.
What is the tagline of Assetmonk?
‘Growing Together’ is the tagline of Assetmonk. It symbolizes fractional ownership.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Strata.
Lack of access to data-driven insights and expertise often leads investors to make unsafe choices in the real estate industry. Sudarshan Lodha and Priyanka Rathore noticed this problem plaguing the industry in their span of careers in commercial real estate.
Thus, Strata was born with the idea to democratize investment opportunities in CRE (Commercial Real Estate) and unlock value for investors, at scale. Strata’s goal is to achieve this with the in-depth real estate expertise and strong data analytics foundation through its fractional investment model.
StartupTalky interviewed Sudarshan Lodha (Co-founder, Strata) to know the Success Story of Strata along with getting a glance on Strata Business Model, Funding, Revenue Model, How Strata Started and more….
Strata offers investors an opportunity to invest in premium commercial properties at affordable prices with data driven insights. Fractional ownership in commercial real estate provides platform where number of investors join together to invest in a real estate asset so that all of them can benefit from a share of the income that the asset generates, and any appreciation in the value of the property.
Strata’s Mission – Accessibility, Transparency, Affordability in Commercial Real Estate (CRE) Investment
Sudarshan Lodha (CEO) and Priyanka Rathore (COO/CTO) are the founders of Strata
Strata Founders – Sudarshan Lodha and Priyanka Rathore
Sudarshan Lodha (Co-founder & CEO, Strata)
Sudarshan is the CEO of Strata and handles the forefront of the business. Sudarshan Lodha, a successful lawyer, brings over 9 years of leadership experience in real estate & private equity law, having successfully handled several complex legal cases and venture capital transactions, representing private equity deals worth over $1.4 billion.
Priyanka Rathore (Co-founder & COO/CTO, Strata)
Priyanka is the Co-founder, COO/CTO of Strata and takes care of the tech and operational bit of the company. Priyanka has over 8 years of experience in financial planning and analysis with D.E. Shaw and WeWork. As the lead real estate analyst, her in-depth understanding of deal economics and real estate portfolio management played a vital role in WeWork’s expansion in India.
Strata’s journey began in 2019. The idea for Strata came from the personal experiences of Sudarshan and Priyanka. Their career in the commercial real estate industry showed them that most investors in India were uncertain about investing in real estate. It is mainly because of lack of awareness, knowledge and inaccessibility of smart data in real estate that can help to decide on investments.
In addition, when it comes to commercial real estate it is always seen as an investment category for investors falling in the top of the pyramid. This is where Strata’s fractional investment model and offerings come into play. It allows one to invest and own a share of prime commercial property at minimal capital.
There were three ideas that Sudarshan and Priyanka had in mind regarding fractional investment –
1. Reducing the high capital requirement – At Strata, the ownership of premium commercial properties are broken down into more easily investable portions or ‘fractions’ which come in small ticket sizes. Not only does this make commercial real estate more accessible, but it also means that an investor can diversify their investments across multiple properties and locations, thus reducing their risk.
2. Brings in expertise – Finding the right commercial property to invest, takes time, resources, and ample expertise. Strata’s team scours hundreds of properties and measures over a dozen different parameters before zeroing in on one that has the best combination of yield, stability, and value appreciation.
3. Improves liquidity – Owning to the easily transferable nature of the fractions, Strata brings liquidity to an otherwise rigid marketplace. Investors can list their fraction on its proprietary resale market, sell their holdings offline through a personal network or via Strata’s dedicated secondary window.
Word of mouth helped Strata acquire its first 100 investors. Strata’s business model is B2B, hence speaking to investors at personal level acquainted them to the idea of fractional investment whilst building confidence and trust in the brand. The concept of fractional investing is very big in USA and Europe and since the Strata team are bullish on B2B investment themselves, making these HNI investors understand the model was quite easy.
Strata’s transparent and data driven business model has helped it a lot in retaining clients. Strata’s Dashboard tracking system helps investors to track their investments. It’s exclusive partnership with PropStack has helped it a lot in order to keep the transparency with the investors
Strata – Products/Services and USP
Fractional investment allows the ownership of a fraction of a property by the investor. It is a very popular type of investment avenues in the USA. Whereas, fractional investment is one of the fast evolving investment concepts in India. Many people in India still don’t know that they can own a premium commercial properties at an affordable pricing. There is a misconception that commercial properties are only for HNIs.
Fractional investment solves the misconception and democratizes the ownership of premium properties in an inexpensive manner. Investors earn higher rental yields and much better capital appreciation in the commercial properties which is not possible in case of residential property investments.
At Strata, the unique part of the business is that it is pure play backed by data. Data driven investment approach with insights on properties, locations, pricing and building specifications give a confidence and build trust among the investors. In addition to it the investment process are fully transparent in nature. Strata’s platform provides access to detailed reporting and fair pricing, declared upfront.
Strata title is a form of ownership devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word “strata” refers to apartments being on different levels. Lots are either apartments, garages or storerooms and each is shown on the title as being owned by a Lot Owner.
Strata Logo
Strata’s logo represents a robust and stable shape enclosed with Strata’s initials, conceptualized from the floor plans of the opportunities offered for ownership and growth by the organization.
Strata – Business Model and Revenue Model
Strata’s business model is B2B. Strata’s foundation is based on strong data analytics through its fractional investment model. Fractional ownership in commercial real estate provides platform where number of investors join together to invest in a real estate asset so that all of them can benefit from a share of the income that the asset generates, and any appreciation in the value of the property.
Strata’s Revenue model comprises of Management fee and profit share/performance fee.
Strata gets 0.5% to 1% as an annual property management fee from the investors. The management fee is a monthly charge on gross rent enjoyed by the investors. It is designed to cover the management of the SPV(Special Purpose Vehicle i.e. a partnership firm formed among the investors) and its assets.
Whereas the profit share/performance fee is payable on exit. This has been designed to reward investors, should the investment offered by Strata prove to be successful for the investor.
Strata is backed by marquee investors SAIF Partners, Mayfield Ventures, and PropStack. It recently raised Rs 140 crore to acquire 3 pre-leased warehouses amidst the COVID-19 pandemic.
Considering the current scenario, rising volatility of the equity markets, extended periods of low interest rates and assets failing to offer intended results are driving investors, especially the long-term ones in deploying their funds in the asset class that is more reliable and offer better returns. With more and more awareness on the benefits of investing in premium commercial real estate through fractional route will help the industry to grow.
As a brand, Strata is focused on bringing in transparency and a data-driven approach to investments in real estate. Strata’s team is razor focused on growth and plan to cross 200 Cr. in AUM in 2021 and touch 1000 Cr. by 2022.
We are thus aiming to create India’s largest tech-enabled real-estate investment platform with our fractional investment model – Says Sudarshan (Co-founder & CEO, Strata)
Strata aims to create India’s largest tech-enabled real-estate investment platform with its fractional investment model. It plans to do this by expanding Strata’s partner base and by continuing to offer investors the best opportunities in commercial real estate. Strata’s team is razor focused on growth and plan to cross 200 Cr. in AUM in 2021 and touch 1000 Cr. by 2022.
Additionally, the team is also excited about the strategic investment from PropStack as it will help Strata get exclusive CRE intelligence and analytics, which in turn, will allow it to have an edge over other platforms in the ecosystem. Strata have over 1,500 users and has over 150 active investors on the platform.
Currently, Strata is operational in Bengaluru and Mumbai, It aims to create new investment opportunities in premium commercial properties and expand to other metro cities while strengthening the existing tech stack.
“Strata is constantly innovating and something we hope to soon offer is the ability for investors to finance their investment with a personal loan” – Says Sudarshan.
Strata – FAQs
What is Strata?
Strata offers investors an opportunity to invest in premium commercial properties at affordable prices with data driven insights. Fractional ownership in commercial real estate provides platform where investors join together to invest in a real estate asset and share the income that the asset generates.
Who are the founders of Strata?
Sudarshan Lodha (CEO) and Priyanka Rathore (COO/CTO) are the founders of Strata
What is fractional ownership in real estate?
Fractional ownership in commercial real estate provides platform where number of investors join together to invest in a real estate asset so that all of them can benefit from a share of the income that the asset generates, and any appreciation in the value of the property.
How does Strata make money?
Strata’s Revenue model comprises of Management fee and profit share/performance fee. Strata gets 0.5% to 1% as an annual property management fee from the investors. The profit share/performance fee is payable on exit.
Who is the CEO of Strata?
Sudarshan Lodha is the co-founder and CEO of Strata.
Nitin Konde
