Tag: Real Estate Startup

  • 60+ Land Business Ideas to Start on Empty or Vacant Land and Boost Income

    Land is an asset and one of the most profitable assets indeed. Though we are surrounded by water on all sides, the land is what we need to survive. With the spread of civilization, land has become a scarce entity that needs to be conserved and used with utmost judiciousness and an eye to the future. Wondering how you can make money with empty land in India? Don’t worry; we’ve listed 61 business ideas for vacant land to make money from!

    There is a wide range of land businesses that you might look up to use your vacant land to its full potential, but first, you need to consider some elemental factors like – The size of the land, Location of the land, Zoning laws of the area, Source of water, Safety hazards and precautions, Quality of soil and its composition, Vegetation and more. You can start a land related business to generate steady income from your unused property. Explore business ideas for empty land, such as starting a community garden, setting up a small event venue, or creating a solar farm.

    Below are business ideas you can use to make money from your vacant land on a temporary or permanent basis, depending on the type of business you choose. So, let’s dive into empty land business ideas without any further delay:

    # Idea Description Investment Level Revenue Potential
    1 Farming Grow crops or rear animals for sale Medium to High Medium to High
    2 Outdoor Advertising Rent space for billboards Low Medium
    3 Storage Space/Warehouse Build or lease storage units High High
    4 Plant Nursery Sell plants, flowers, and gardening tools Medium Medium
    5 Firewood Business Cut, store, and sell firewood Low Medium
    6 Build a Spec House Construct a house to sell for profit High High
    7 Amusement Park Set up rides and games for families Very High Very High
    8 Events Centre Host weddings, parties, and meetings High High
    9 Training Grounds Offer military, fitness, or police training spaces Medium Medium
    10 Children’s Educational Centre Learning center with nature-focused education Medium Medium
    11 Athletic Fields Sports fields for rent or public use Medium to High Medium
    12 Golf Course Private or public golf course Very High High
    13 Railroad Storage/Access Lease land to rail companies Low Medium
    14 Restaurant Garden Farm-to-table dining experience Medium Medium
    15 Cell Phone Towers Rent land for telecom towers Low High
    16 RV Storage Store recreational vehicles Medium Medium
    17 Campground Tents, cabins, or RV camping Medium Medium to High
    18 Solar Energy Lease to solar companies or install panels Medium to High Medium to High
    19 Dairy Farm Milk production and dairy processing High High
    20 Horse Stable Rent stables or offer horse training High Medium
    21 Wool processing Process and sell raw wool Medium Medium
    22 Summer Camps Educational or adventure camps Medium to High Medium
    23 Petting Zoo Farm animals for kids to interact with Medium Medium
    24 Ice Rink Seasonal or year-round rink High Medium
    25 Vineyard Grow grapes and make/sell wine High High
    26 Junk Yard Scrap and sell car parts or metal Medium Medium
    27 Outdoor Shooting Range Licensed shooting facility Medium Medium
    28 Biking/Zipline Adventure tourism with biking trails or ziplines Medium Medium
    29 Beekeeping Sell honey and beeswax Low Medium
    30 Antiques Market Set up antique shops or flea markets Low Medium
    31 Farmers Market Rent stalls to local farmers Low Medium
    32 Yoga Studio Outdoor yoga and wellness sessions Low Low to Medium
    33 Parking Lot Convert to paid parking Medium Medium
    34 Racing Events Host car or bike races High High
    35 Agritourism Tours, stays, and activities on a farm Medium to High Medium to High
    36 Electrical Substations Lease to utility companies Medium Medium
    37 Film Locations Rent for movies/TV/ad shoots Low High
    38 Photoshoots/Photography Site Rent land for photography Low Medium
    39 Bird Watching Eco-tourism setup for nature lovers Low Low
    40 School Field Trips Educational tours and demos Low Low to Medium
    41 As a Collateral Asset Use land as security for loans None Indirect
    42 Resort/Villas/Tents/Tree Houses Build eco-luxury stays High High
    43 Herb Garden Grow herbs for sale or processing Low Medium
    44 Drive-in Theatre Outdoor movie screening space Medium Medium
    45 Tiny House Estate Rent tiny homes on land Medium Medium
    46 Rent/Lease it Out! Passive income through leasing None Low to Medium
    47 Pet Park Safe open space for pets Low Low
    48 Harvest Timber Sell wood from forested land Low to Medium Medium
    49 Wind Energy Set up turbines or lease to companies High High
    50 Pave a Biking/Walking Trail Build and rent access for trails Low to Medium Low
    51 Spiritual Sanctuary Meditation/yoga retreat Low to Medium Medium
    52 Outdoor Art Installation Open gallery or sculpture space Medium Low
    53 Pop-Up Facility Short-term event hosting Low Medium
    54 Sports Fields Rent for cricket, football, etc. Medium Medium
    55 Paintball Facility Outdoor adventure game zone Medium Medium
    56 Community Garden Plots Lease plots to individuals/families Low Low
    57 Hunting Property Seasonal game hunting (licensed) Medium Medium
    58 Concert Venue Live music events and festivals High High
    59 Landscape Supply Business Sell mulch, stones, sand, etc. Medium Medium
    60 Nature Preserve Keep land as a protected ecosystem Low Low
    61 Off-Grid Cabins Self-sufficient cabins for eco-tourism or retreats Medium Medium to High

    Farming

    Farming - vacant land business ideas
    Farming – Empty land business ideas

    Agriculture is one of the fastest-growing and demanding sectors in today’s world. Agricultural business means producing and marketing agricultural commodities such as livestock and crops. Your motivation for starting a farming business is the thing that will directly impact your strategy. You can plant food crops that you can sell locally or export. Agriculture-related businesses, when carried out with appropriate planning, passion, and dedication, can reward you with a very good income.

    Outdoor Advertising

    Business ideas for vacant land to make money
    Outdoor advertising – vacant land business ideas

    If your land is beside the highway or in any other strategic location, you can put up billboards on the land and charge the advertisers for displaying their adverts on your billboards. This type of business can be one of the best highway business ideas that can earn you a consistent passive income over a long period. As a business on highway land, it can generate profit for your business.

    Storage Space/Warehouse

    Starting a warehousing and plotting business is not possible without hard work. There are two sides to this business – the first is constructing/providing the space for the warehouse, and the second is offering warehousing services.

    Some points you have to consider before starting this business:

    • Location of the warehouse.
    • Land should be flat enough so that no landfilling is required.
    • Should have an excellent approach road to the land/plot.
    • The plot/land should have a good width on the road for better movement of vehicles.
    • The layout of the warehouse depends on the shape of the land ideally, it should be square or rectangular.
    • The plot business should ensure that the land/plot offers the necessary facilities for income from vacant land water and electricity.

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    Plant Nursery

    Business ideas for vacant land to make money
    Plant Nursery – empty land business idea

    The world today has a great sense of fashion in everyday work. Gardeners are now showing more interest in finding new varieties of plants. The nursery business is very profitable and demanding, and you can easily run your own plant nursery business without any hassles. The primary step is the availability of land. This land must have the basic qualities of land for farming. A successful nursery offers a wide variety of young plants to customers who purchase the plants individually or in bulk quantities.

    Firewood Business

    Firewood Business - Vacant Land Business Ideas
    Firewood Business – Vacant Land Business Ideas

    If your land is stocked with trees, you can use it as a source for timber or firewood to sell. However, processing of firewood is necessary, and these woods shall also be moved from one location to another, so there needs to be a facility to do that.

    Build a Spec House

    Housing - vacant land business ideas
    Housing – vacant land business ideas

    The demand for housing is strong, and real estate markets are booming. Building a single-family house, a multi-family dwelling could be the best use for vacant land. Investors typically make their money on spec homes in one of two ways. They can finance a percentage of the construction cost (lend money to a builder) and earn interest or share in the profits once the home is sold.


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    Amusement Park

    Business ideas for vacant land to make money
    Amusement/micro parks – vacant land business idea 

    An amusement park business is perfect for fun-loving, passionate individuals who want to establish a profitable, self-rewarding business. The demand for amusement parks has grown strongly over the past few years. In the coming years, growth is expected to continue and have a positive influence on the outdoor entertainment and recreational industry. Before starting an amusement park, preparing a business report is a must. It helps in the development of the all-important physical planning guidance and reconfirms the physical parameters like the total land size needed, building space required, etc. This is a business to start on empty land in India.

    Events Centre

    The special events industry has seen quite a growth throughout the years, especially in the past decade. According to research, profits in this industry are always on the rise. The average profit margin can be as much as 40%.

    Special events occur for the following purposes:

    • Celebrations (fairs, parades, weddings, reunions, birthdays, anniversaries)
    • Education (conferences, meetings, graduations)
    • Promotions (product launches, political rallies, fashion shows)
    • Commemorations (memorials, civic events) and more.

    Training Grounds

    Your land could be perfect for organizations, such as fire departments and construction firms, to train their employees. Training is really important, especially for the defense industry and all the people working in the emergency services sector. Therefore, using your land for one such purpose would always be a win-win option for you!

    Children’s Educational Centre

    Education Centre - vacant land business ideas
    Education Centre – vacant land business ideas

    According to the Global industry, the private learning and tutoring market is experiencing rapid growth. Starting your educational learning centre allows you to get involved with a business trend that is headed in the right direction. Starting an educational learning centre also gives you the chance to make a difference in the lives of children every day.


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    Athletic Fields

    Another business idea is to set up an athletic field where people can pay to play and train for games like football, basketball, volleyball, and other field sports.

    Golf Course

    Business ideas for vacant land to make money
    Golf Course – vacant land business idea

    Golf is one of the leading sports around the world. It promotes health and fitness. Many golf courses today are created to cater to the needs of every golfer may it be for sports, hobbies, or simply just spending time with friends and family. The area where the golf course would be established is one of the most important factors one must consider when it comes to establishing a golf course business. You need to hire hardworking, courteous, and honest employees for your golf course business. However, if you are not prepared to devote a significant amount of time to the business, then you can certainly lease/sell your vacant land for the same.

    Railroad Storage/Access

    You can earn money by allowing access and storage of railroad cars to the railway system. Also, consider leasing to other transportation systems such as buses and trolleys but for this, you need to have a fairly large tract of land that is well-connected with roads, etc.

    Restaurant Garden

    Gardening business is a fast-growing business idea that can save money and beautify the landscape while also helping the environment. Gardens can be traditional outdoor plots, formed on a smaller scale, a greenhouse, or planned as a restaurant garden. A restaurant garden is a unique concept of establishing a restaurant that looks like a garden and oozes fresh air. Turning your land into one such establishment is fascinating, along with being profitable!


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    Cell Phone Towers

    Monthly rentals from mobile tower installation, along with potential empty land business ideas, may range between Rs 8000 per month and Rs 1 lakh per month. The amount may differ according to the height, size, and area of the property. The mobile tower agreement may vary from 12 months to a few years, but the owner may extend the lease to leverage a long-term benefit. The installed tower may positively impact property values.

    RV Storage

    vac
    RV Storage – Vacant Land Business Ideas

    The demand for Recreational vehicles or RVs is increasing with each passing day, along with other vehicles, including cars. However, the fact that RVs require almost double the space that cars require is a rather palpable truth and this is what will come in handy that you can leverage if you have vacant land for use. Yes, think about this, you will just have to store RVs and earn money with your vacant land!

    Campground

    Camping is one such hobby that is never going to grow old. Hobbies that encourage people to step out of their mundane lives, like camping, are something that we all look forward to engaging in from time to time, simply because they help us shake the dust of our sedentary lives. Having a campground can be one of the best business ideas for 1 acre of land. Here’s where your land business can proliferate!

    Solar Energy

    Solar Energy - vacant land business ideas
    Solar Energy – vacant land business ideas

    The world of non-renewable sources is threatened and is giving way to renewable sources of energy, which is guiding humanity now. Solar energy is surely one such source that is capable of turning into a formidable alternative to finite sources of energy. However, it requires adequate space for the installation of solar panels to furnish the amount of energy needed. Therefore, if you are wondering about starting a business on empty land, then you can most certainly use your tract of land for the development of solar energy. This will be profitable as well as turn you into a responsible citizen, at the same time, who champions sustainability by limiting the use of fossil fuels.


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    Dairy Farm

    Business ideas for vacant land to make money
    Dairy farm – vacant land business idea 

    Dairy products form an essential part of human beings’ diets. These products are reared from cattle, which need to be reared in vast tracts of land, where farms are set up. However, to establish farms, land is an essential requisite. Therefore, if you are currently possessing lands that are vacant and unused, then you can allow your land to be set up for a dairy farm, which will also help you improve your finances!

    Milk Production in India
    Milk Production in India

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    Horse Stable

    Horses belong to a limited group of animals that are reared for a variety of purposes. Along with carrying things and pulling carts, horses are also used for riding, which makes them form a central part of the sports and entertainment industry. Furthermore, this ensures that the horses always remain profitable for us, but when it comes to rearing, many of the horse owners back off due to a lack of stables. Here’s where you can pivot with your land business.

    Wool processing

    All of us have learned about wool and that it comes from the sheep. However, what we later know is that the wool processing industry, the core of which consists of animals and an abundant supply of land, is where the whole procedure takes place. So, if you are looking for creative uses of vacant land, which will also be profitable, then using it towards the development of the wool processing industry is something that you can opt for!

    Summer Camps

    Summer camps form an important part of the recreational activities of the students during their school and college. Summer camps are enthusiastic ventures that often drag professionals as well and do a lot more than supply them with plenty of fresh air. The land is the primary requisite for such camping activities. This is where you can pitch in the land you have to be blessed with huge prospects.

    Petting Zoo

    Business ideas for vacant land to make money, land for sale
    Petting Zoo – Vacant land business idea

    Zoos almost always delight the young and the old. Petting zoos are a new concept that consists of a combination of both domesticated as well as wild animals. Such zoos are coming into being and grabbing a lot of attention of late. You can also contribute to one such zoo in case you have a tract of land to be used. A petting zoo would develop into a rewarding investment without a doubt!


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    Ice Rink

    It is always great to skate, and ice skating is easily one of the most prominent activities that you will find if you manage to ransack the bucket list of both students and professionals. Space is often a criterion that needs to be satisfied to establish an ice skating rink. However, if you already have land to your name, it shall become easier to connect the dots!

    Vineyard

    Who hates scrumptious wine that seeps in all the goodness of nature with each sip that you take? A vineyard takes a lot of time and effort to be developed, and most importantly, you would need land and a bunch of skilled employees to work on the wine. However, in case you already have land, you can put it into use for something as delicious, lucrative, and at the same time, innovative an idea as the establishment of a vineyard on your land. Besides, you can also hope for some discounts when it comes to the end products and an enormous fortune ahead!


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    Junk Yard

    The sound of the junkyard, as well as the name of the same, must be repelling for almost everyone, but if you can get over it for a single moment and look beyond the prospects of a junkyard, then it will be rather convincing. The automobile business is expanding, and the used-car companies are growing at an equal pace, which also demands the development of junkyards that will store junked cars and other accessories. Therefore, if you are wondering about “how to use vacant land to make money in India?” then, leveraging your land to build a junkyard will be rewarding indeed.

    Outdoor Shooting Range

    Business ideas for vacant land to make money
    Outdoor Shooting Range – Vacant land business ideas

    Shooting is an activity that many love to indulge in. An activity that forms a vital part of the policemen, men in the army, navy, and ex-army personnel, shooting is something that draws the commoners as well, and has grown to be an entertaining exercise. Though the foundation of shooting ranges is not something that needs a great deal of time or effort, it certainly requires a vast tract of land. This is why, if you already have spare land to be used and are wondering about some creative uses of vacant land, then the construction of an outdoor shooting range is something that you can opt for!

    Biking/Zipline

    Biking helps us unwind, along with aiding us with the speed that we require to perform our daily activities at the pace they demand. However, all that happens only when one gets past the preliminary difficulties in riding a bicycle or a bike. Many such courses are now conducted and are undertaken by a considerable number of people. However, establishing one such biking/zipline course needs a convincing amount of land. Therefore, if you presently have land and are looking to invest it for a land business, then leasing it for biking courses will work great and would be profitable indeed!

    Beekeeping

    Beekeeping - vacant land business ideas
    Beekeeping – vacant land business ideas

    Bees have a sting to remember, but it is often the honey that is most talked about and consumed all around the world. Construction of apiaries requires space, time, skilful staff, and more. Beekeeping is, in fact, a tough and hectic business, but if you have land and you cannot figure out a perfect business to start on empty land, then leasing it for beekeeping will not be a bad decision, far from it.

    Antiques Market

    Things from the past always delight us. Antique shops and their contents contain a wide range of usable items from the distant days, which are valuable, along with being expensive. Besides, most importantly, they are highly profitable for the shops. So, you can look up to an antique business as one of the best businesses to start on empty land.


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    Farmers Market

    Farmers’ market, by its very name, points out the market where the farmers are pivotal. The farmers’ markets are organic markets that encourage the sales of fresh produce from the farms to the end-users. This kind of marketing is highly encouraged now, where the users get the products that they deserve, and on the other hand, the farmers get their dues.

    Yoga Studio

    Yoga studio - vacant land business ideas
    Yoga studio – vacant land business ideas

    Yoga is one of the oldest practices, which originated in India and focuses on keeping the human body and mind fit and active. This ancient Indian practice was never lost and is seeing quite a revival in the present era that we are living in. Yoga works best where the mind is free and in unbridled contact with nature. This is why open grounds are preferred over a building floor or an artificial ground. Here’s where you can strike a deal with your open land. Leasing your land for a Yoga studio is something that you can seriously look into, in case you are looking for some inspiring land business ideas. This can be a profitable and one of the best ideas for small empty plots.

    Parking Lot

    The manufacturing of cars has increased over the years, and more and more of us are now opting for our cars instead of paying for car rentals. However, with the increase in cars, there is a constant demand for parking. Parking lots are comparatively fewer in number, and you can help in adding one more of them for the convenience of the society you live in. Leasing your land or turning it into a parking lot by yourself will help you earn all the proceeds that come from it!


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    Racing Events

    Racing is one of the major sports activities. Whether it is a flat race by humans or races of bikes, cars, and any other animals like horses, dogs, etc., it needs a ground large enough to ensure smooth racing conditions and a wide space for the audience. Racing events are diverse and undoubtedly profitable. So, if you possess a piece of land, then using it for races is one of the most creative uses of vacant land that can help you earn money!

    Agritourism

    Agritourism is a portmanteau word made up of “agriculture” and “tourism.” Agritourism involves numerous activities usually carried out on a farm or a ranch that allow individuals and families to view and enjoy a wide range of rural activities. Agritourism is becoming a hugely popular activity among the masses of present-day societies. Turning your vacant land into a fine spot for agritourism is a prosperous plan indeed!

    Electrical Substations

    Electrical substations are essential in providing us with an adequate supply of electricity. Construction of electric substations requires a considerable amount of space, along with all the heavy equipment and machinery that is integral to a substation. Thus, if you own a large tract of empty land, then you can perhaps contribute to building an electrical substation.


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    Film Locations

    Shooting for movies, short films, and television series needs photogenic locations. Exotic natural locations are tough to find and even pose a lot of restrictions; movie studios or sets, on the other hand, happen to be versatile and can be created to suit a wide range of moods, sets, and settings. These movie sets can be indoor and outdoor, while the latter provides much more room for customization. So, if you are ruminating on the creative uses of vacant land to make money out of it, then turning it into a film location would be a wonderful idea that would be lucrative, too!


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    Photoshoots/Photography Site

    Photos are always special to us. Besides, with the pace at which social media sites are moving, photos are getting the exposure that they never used to get before. We can always click photos anytime and anywhere, but clicking pictures in natural outdoor locations brings the best out of the photos. Creating photography sites needs land that can support a mix of natural and artificial structures, and here’s where the land you possess can be a great benefit.

    Bird Watching

    Business ideas for vacant land to make money
    Bird Watching – Vacant land business ideas

    If you have land to your name, then look out whether it is suitable for the birds because the birds deserve attention, and they get it when watched from a bird sanctuary. Bird watching is one of the best hobbies that people nurture and your spare land might also have the potential of being turned into a bird sanctuary that will yield quite a profit.

    School Field Trips

    School trips or excursions are what we like the most. School excursions are varied in nature and are modeled on the particular subject or the lesson that is meant to be taught through the trip. Such school field trips can be a memorable experience, truly, and the first thing they demand is enough space. So, why not put the land you have to some use and build it into a hub for a school field trip?

    As a Collateral Asset

    Money is something that all of us require every time, and in this age where everything is uncertain and we run the risk of getting our income reduced all the time, the value of land is ever-increasing. Therefore, if you are the owner of a piece of land, then it is always commendable to keep it safe with you so that you can also use it as a collateral asset in case the situation turns bad any day!

    Resort/Villas/Tents/Tree Houses

    Who doesn’t love to pay an occasional visit to resorts/villas or indulge in a weekend getaway that would involve tree houses and tent stays? Constructing a resort or villa with the land you have in your possession can stand as a game-changing idea if you are looking to opt for a land business that would be hugely beneficial.


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    Herb Garden

    Herbs make our food complete. There are numerous species of herbs that send us drooling. So, how about turning your vacant piece of land into an alluring herb garden, which will not only be a treat to the eyes of the tourists who visit there but also help in yielding fresh produce year after year?

    Drive-in Theatre

    Business ideas for vacant land to make money
    Drive-in Theatre – Open Land Business Ideas

    There are theatres that people can visit while they are in cars, and they can happily park them or watch their favorite movies or the best parts of their vehicles, too. Yes, it is a form of outdoor theatre that is rare now. However, a drive-in theatre has the potential to become a favorite. You can also contribute to that if you agree to lease out your land for open land business ideas to construct one of such theatres, or you can create one yourself and bring in a handsome profit.

    Tiny House Estate

    Most of us today advocate extravaganza or dream about living in extravagance. However, what we lack is a simple life. This is the reason why the tiny-house movement or small-house movement came into being, which advocates the downsizing of apartments and other living spaces, thereby promoting “living with less”. Yes, you can perhaps look at the brighter side of “living with less” by helping yourself construct a tiny house estate! Additionally, consider exploring business ideas on land to maximize its potential.

    Rent/Lease it Out!

    If you have a piece of land to your name, you can simply opt to rent it out to a bright prospect. Besides, if you cannot figure out what to do with the land you have, then it is quite lucrative if you simply rent it out because that will help you keep the land to yourself while accruing money on your behalf. You can give it some time and then decide on something permanent with the land.


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    Pet Park

    We have parks for us, but what about our pets? Yes, our four-legged friends also enjoy outdoor activities almost as much as we do, if not more. This idea has been strongly supported, which is the reason why pet parks are rapidly coming into prominence. If you are not convinced of any land related business ideas that you have come across, then how about leasing or selling out your land to construct a pet park? Sounds great and one of the most creative uses of vacant land, right?

    Harvest Timber

    Business ideas for vacant land to make money
    Harvest Timber – Vacant Land business ideas

    Wood is essential for the survival of humanity, and so are the trees. Therefore, cutting down forests on a large scale would never be good for anybody. We need an alternative solution to the same. Harvesting trees for timber can certainly be one of the most promising alternatives to the conspicuous problem. This is what you can do with your land if you are wondering how to use vacant land to make money in India. Explore small business ideas for vacant land to maximize its potential. Starting a land-related business can be highly profitable with the right strategy.

    Wind Energy

    Onshore Wind Energy Installed Capacity in India
    Onshore Wind Energy Installed Capacity in India

    There are several profitable business ideas for land owners that can generate steady income and long-term value. Generating an alternative source of energy is commendable, but space is one of the fundamental requisites to be able to do so. For instance, if you have decided on the generation of wind energy, then firstly, you ought to have land that you can put to use, and then you should be equipped with all the machinery needed for the same. However, you can wilfully avoid the next part if you are ready with a piece of vacant land that can be sold or leased.

    Pave a Biking/Walking Trail

    Trail walking or biking are some of the most popular hobbies of the generation of now, which lead to a life that is almost sedentary. These activities are not only interesting but thrilling, to say the least. So, if you possess a piece of vacant land, then paving it for a biking or walking trail is one of the most desirable businesses to start on empty land. This can be a perfect business idea with land, helping you earn with a small investment.


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    Spiritual Sanctuary

    Religions consist of a world of their own, which is very much palpable to all of us. However, retreating to a sanctuary that is overloaded with peace and divinity is the desire of many at the close of the day. This is why you can help turn your land into a spiritual sanctuary for tourists to rest and meditate for a while during their busy day.

    Outdoor Art Installation

    Turn your empty land into a cultural space by creating an outdoor gallery or art installation. You can charge visitors a fee or work with local advertisers to earn money while supporting local art and culture.

    Pop-Up Facility

    There are many creative ideas for small empty lots, such as setting up a food truck park, a pop-up market, or a community garden. Rent your land to local businesses or groups for special events like food truck festivals, farmers’ markets, craft fairs, fundraisers, or pop-up cinemas.

    By charging a rental fee, you can earn money while supporting local businesses and bringing the community together. Your land can be used for different events all year round.

    Sports Fields

    Use your land to build sports fields for games like soccer, cricket, or baseball. Rent the fields to schools, clubs, or leagues.

    You can also offer extras like equipment rentals, changing rooms, or a snack area.

    Working with schools or clubs helps you earn money and supports the community by encouraging sports and fitness.

    Paintball Facility

    Business ideas for vacant land to make money
    Paint Facility – Vacant Land business ideas

    Wondering what to do with land that is vacant! Turn your empty land into a fun paintball center for group activities. Set up safe gear and exciting obstacle courses to give players a thrilling experience.

    You can earn more by hosting tournaments, events, and renting the space for private parties. A good paintball center is great for team-building and popular with companies and youth groups.

    Community Garden Plots

    Turning vacant land into community garden plots can be a rewarding and profitable venture, especially in urban areas with limited green space. Renting out plots to locals allows them to grow fresh produce and enjoy nature. To add value, you can offer extras like tool rentals, composting facilities, and gardening workshops.

    Hunting Property

    If your land has deer or other wild animals around, you can turn it into a hunting business. Hunters will pay for permits, and you can offer extra services like guided hunts, camping, and equipment rentals. This can also help with wildlife conservation and teach people about safe hunting.

    Concert Venue

    Turn your open space into an outdoor concert venue and bring music and culture to the community. Host local and touring artists while earning from ticket sales, space rentals, and ads. Partner with food trucks and craft breweries to enhance the experience. A great concert space can support local artists and offer a fun entertainment option for everyone.

    Landscape Supply Business

    Turn your vacant land into a landscape supply business. Sell tractors, mowers, and other landscaping tools, with space for demos and testing. Offer gardening supplies like soil, mulch, and decorative stones to attract local landscapers and homeowners. This can be a great way to generate income while becoming a go-to resource in your community.

    Nature Preserve

    Turn your vacant land into a nature preserve where visitors can enjoy hiking trails, gardens, and peaceful ponds. Charge a small entry fee or earn through picnic areas, rental equipment, and guided tours. This not only generates income but also helps protect local wildlife and educate people about nature conservation.

    Off-Grid Cabins

    Off-grid cabins are eco-friendly, self-sustaining homes that operate independently of public utilities. They attract nature lovers, digital detox seekers, and eco-tourists looking for peaceful retreats. These cabins typically use solar power, rainwater harvesting, and composting toilets. They can be rented short-term for steady income or sold as ready-made tiny homes. This idea combines sustainable living with tourism and real estate.

    Conclusion

    If you have land but no money, there are still several ways to generate income, such as renting it out, starting a small business, or partnering with others for development. Hope this list of business ideas for vacant lands helps you! Remember, the suitability of these business ideas with land is dependent on various factors of the vacant land. So, make the most suitable & feasible decision.

    Know any other unique business ideas that can be added to the list? If yes, please share your thoughts/opinions. [Contact: shubham@startuptalky.com]

    FAQs

    I have land what business can I start?

    Somevacant land business ideas of the best business to start on empty land in village are:

    • Farming
    • Nursery
    • Athletic Fields
    • Solar Panel
    • Dairy Farm
    • Cell Phone towers
    • Vineyard
    • Farmers Market
    • Yoga Studio
    • Wind Energy

    Is buying and selling land profitable?

    Land can be used for residential as well as commercial investment. Buying and selling land can produce high profits.

    What is the most profitable farming business?

    The most profitable farming businesses are:

    • Agricultural Farm
    • Flower Business
    • Poultry Farming
    • Snail Farming
    • Fish Farming

    What are some of the most lucrative landscape business ideas today?

    If you are looking for landscape business ideas, then the below-mentioned landscape business ideas would be quite in demand today, thereby helping you earn decent revenues:

    • Interior landscaping service
    • Hydroseeding service
    • Pest control and weeding service
    • Landscape architecture service
    • Lawn care service

    What are some unique garden business ideas?

    Some of the easiest and most profitable garden business ideas are:

    • Backyard gardening
    • Herb growing
    • Flower growing
    • Vegetable farming
    • Seed selling
    • Fertiliser selling
    • Party organizing
    • Poultry farm
    • Beekeeping
    • Dog training
    • Photography/Videography
    • Airbnb
    • Yoga training

    Yes, if it is your residential property, then you can easily run a business in India, as long as it is not an illegal business that you are thinking of. However, if it is another’s residential property, then running a business from it is illegal.

    How to earn money from land in village?

    You can earn money from land in a village by leasing it out for farming or livestock grazing or by developing it for agricultural or residential purposes. Additionally, consider setting up small-scale businesses like organic farming, eco-tourism, or establishing a local market on the land to generate income.

    How to use empty land for business?

    Making land pay for itself is possible if you decide on a business which you can utilize the land for. You can certainly use your vacant land for business purposes, which will help you obtain decent revenues and pay for your land.

    What is the business to start on empty land India?

    Use empty land for farming, rentals, sports fields, events, or fun spaces like paintball or outdoor galleries.

    How to make money with land?

    You can make money with land by leasing it, selling it, farming, or developing it for real estate.

    What are creative ways to make money with land?

    There are many creative ways to make money with land, from leasing it out to setting up unique experiences or services. Landowners can think beyond traditional farming and explore opportunities like eco-tourism, events, or renewable energy. With the right approach, even unused land can become a valuable income-generating asset.

  • Top Profitable Real Estate Business Ideas in India in 2025

    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.

    Real Estate Development Or Construction
    Real Estate Management Company
    Property Styling
    Interior Designing
    Personalized Services
    Renovation And Repair
    Environmental Design
    Online Real Estate Marketing
    Architecture
    Real Estate Appraisal Business or Valuation Company
    Vacation Rental Management
    Landscaping Business

    Market size of the real estate industry in India in 2015 to 2022, with estimates until 2047
    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.


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    Interior Designing

    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.


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    Architecture

    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.


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    Vacation Rental Management

    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?

    1. Confirm the regulations in your state before getting started.
    2. Choose a unique business name.
    3. Prepare a business plan.
    4. Build your team.
    5. File an Article of Organization with your state.
    6. Create an operating agreement for the business.
    7. Publish an intent to file (if required in your state).
    8. 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.

  • Address Advisors: Leading the Way in Real Estate Advisory and Consultancy

    The real estate sector is one of the most globally recognised industries. It incorporates four major asset classes: residential, retail, hospitality, and commercial. The growth of this sector is well complemented by the expansion of the corporate environment and the increasing demand for allied industries such as automobiles, manufacturing, banking, consumer durables, and more. Additionally, the rise in urban and semi-urban accommodations has further fueled growth. It is also expected that the real estate segment will attract increased investment from non-resident Indians (NRIs), both in the short term and long term.

    Address Advisors, as the name suggests, are highly spirited, richly experienced, thoroughly professional, and technically sound advisors. Based in Bengaluru, Address Advisors is a Real Estate Advisory and Consultancy Firm specialising in the sale, purchase, and leasing of properties. The firm advises and helps clients find the best address, whether commercial, industrial, residential, owned, rented, or shared.

    In this article, learn more about Address Advisors, its founders, its startup story, future plans, and more.

    Address Advisors – Company Highlights

    Company Name Address Advisors
    Headquarters Bengaluru, Karnataka, India
    Founders Bhawana Khetan, Sunny Mogra
    Founded 2016
    Sector Real Estate Consultant
    Registered Entity Name RE Solutions Team LLP / Adrez Advisors Private Limited
    Website addressadvisors.com

    Address Advisors- About and How it Works
    Address Advisors- Industry Details
    Address Advisors- Founders
    Address Advisors- Startup Story
    Address Advisors- Name, Logo and Tagline
    Address Advisors- Vision and Mission
    Address Advisors- Products/ Services
    Address Advisors- Revenue Model
    Address Advisors- Startup Launch
    Address Advisors- Customers/ Clients
    Address Advisors- Challenges
    Address Advisors- Achievements and Client Relationship
    Address Advisors- Future Plans

    Address Advisors- About and How it Works

    Address Advisors is a client-centric real estate advisory and consulting firm engaged in providing solutions to investors, developers, MNCs, individuals, etc. expanding the team to beyond 200+ members with a strong digital presence and completely bootstrapped.

    Address Advisors is a Real Estate Broker firm offering services such as investment management, re-financial structuring, leasing, selling, purchase, etc, and covers the various real estate asset classes such as Residential, Commercial (Corporate Real Estate), Warehousing & Logistics, Land & Industrial, Hospitality, etc.

    An Address today has come a long way from being a mere necessity to an identity that speaks of stature; to a resource that enhances efficiency; to an environment that optimizes ergonomics. Just as you trust your Doctor, we take pride in understanding the pulse and beyond.~ Sunny Mogra and Bhawana Khetan.

    Address Advisors- Industry Details

    Post-Economic Liberalization, when India opened its doors to the world, a wave of economic growth hit the country. Everyone wanted a bite of the immense opportunities that came with it, especially in real estate. This marked the entry of international real estate players in India. Since real estate was a fragmented market and an unorganized sector up until very recently, a lot of these companies were misguided by the realtors. The market lacked a professional setup that was going to help these companies from allied industries with their real estate needs.

    So, the idea was to first penetrate the market, make the clients understand the value addition a professional organization would bring to the table, and then enter the areas occupied by other competitors. The company caters to a range of real estate requirements, starting from those of an individual to a startup to small industries and even to huge corporate giants.

    Address Advisors Target Market

    Currently, Address Advisors hold a market share of 7-8% of the overall industry with services in commercial, land, industrial, residential, hospitality, and retail segments. Presently, Address Advisors is headquartered in Bangalore and is on the growth trajectory to increase market presence by about 50% year on year.

    The real estate industry in India was valued at approximately USD 477 billion in 2022 and is expected to reach USD 1 trillion by 2030. Looking ahead, Indian real estate has the potential to become a USD 10 trillion market by 2047, contributing 14-20% to the country’s GDP. Retail, hospitality, and commercial real estate are also growing significantly, providing the much-needed infrastructure for India’s growing needs.

    The built environment industry is at an inflection point where new technologies such as Artificial Intelligence will seamlessly transition into the brokerage industry paving new paths for streamlining the practice further. With RERA into effect, there will be more standardization and legalized ways of doing transactions. This industry is on the path to maturity as is seen in the gigantic policy changes in recent years. The founders of Address Advisors see this as having a positive impact on buyers and the team serving this industry.


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    Address Advisors- Founders

    Bhawana Khetan and Sunny Mogra are the co-founders of Address Advisors.

    Address Advisors Founders - Sunny Mogra and Bhawana Khetan
    Address Advisors Founders – Sunny Mogra and Bhawana Khetan

    The co-founders Ms. Bhawana Khetan, and Mr. Sunny Mogra have known each other for the past 25 years. They had a successful stint together at Cushman & Wakefield, where they were both handling different businesses for the firm, Sunny always had an entrepreneurial zeal to start something on his own.

    The diverse skill sets that each of them possesses and the seamless synergy the two can bring to the table lend their partnership an edge over the others. Hence, getting on board for the idea behind Address Advisors didn’t require much convincing. The mutual respect between the two with their belief and support for each other’s talent and growth has allowed Address Advisors to scale heights so quickly.

    The clarity of the thought process, exuberance, and the ideology behind the startup was what brought the founders together.

    Bhawna believes there is no better partnership than theirs in the industry and it’s a no-brainer that their synergy resulted in magic. They have very different roles owing to their inherent capabilities and there is a very clear distinction between the roles. Sunny is more of a thinker. He is in charge of marketing and taking the company forward while Bhawana is the muscle behind the company. She handles everything related to execution.

    Address Advisors- Startup Story

    They wanted to create an Indian-homegrown company that would be the pioneer for setting the benchmark for real estate consulting services in India. Their driving belief is that they can raise the quality and standard of service levels in the advisory business. Address Advisors’ commitment to its clients, its integrity, and a non-wavering ethical policy have allowed it to deliver spaces that surpass the expectations of customers.

    The formulation of the company, apart from the factors mentioned before, was also driven by the new process it set up to revolutionize the traditional way of working. There is immense scope to execute fresh ideas, inculcate new thought processes, and create a conducive atmosphere of learning and growth in the changes brought about by Address Advisors.

    Bhawana and Sunny were part of the real estate industry for a long time and wanted to raise the bar on the service levels provided to clients not just on paper but also in reality.

    The idea of validation came when a lot of their co-workers wanted to become a part of the journey. The confidence shown by colleagues and friends in the ideation of Address Advisors spoke volumes about the duo’s faith in the business plan. Numerous clients were ecstatic to hear the idea that Bhawana and Sunny started a venture of their own. These customers continue to participate in the brand-building process. Their continued support validated their efforts and the very premise that the market missed a venture like theirs.

    Address Advisors- Name, Logo and Tagline

    Address Advisors Logo
    Address Advisors Logo

    Bhawana and Sunny started a company named Real Estate Solutions Team (REST) immediately after leaving their jobs. As the business picked up speed, different verticals were established to handle different service lines, the company rebranded itself as Address Advisors. It was the first step towards building a brand identity. A professional organization suggested the name Address Advisors since it could echo easily with the international community as well as the local home-grown community.

    Both the founders believe in simplicity and authenticity. Thus, they wanted a logo that works across all platforms and resonates with the work the firm does. Real estate is driven by location and the Google Pin is an apt logo that simply drives home the point that Address Advisors helps with one’s address-related requirements.

    Address Advisors play an advisory role and not simply brokerage work. That is the idea the company wanted to portray in its name and logo. Simplistic to the point and not to go overboard with it.

    Tagline: Address Advisors | Your Address, Our Advice

    Address Advisors- Vision and Mission

    The company has the vision to become a one-stop shop for any and all real estate consulting and brokerage solutions. Their mission is that the name Address Advisors should become synonymous with setting up the benchmarks and standards for real estate consultancy services within India and globally.

    They have observed that most Indian companies follow international standards, but they wanted to establish new benchmarks through their company that would become the new standards other companies could aspire to achieve.

    They inherently believe that their firm, which is an Indian home-grown company, can be a pioneer in this field and blaze the path for young budding entrepreneurs who wish to enter this industry.

    Address Advisors- Products/ Services

    Address Advisors is in the service-orientated industry, and its work practice involves servicing clients with the right knowledge, skill, and attitude.

    The firm’s innovation lies in the quality and execution of the service it provides. It understands that the real estate needs and requirements are different for different people. They offer tailored services such as micro and macro analysis to their clients, depending on their requirements, to help them make informed real estate decisions.

    Earlier, the real estate spending of companies was not very highly reflected on the balance sheet, but now it is a substantial amount. So, Address Advisors’ expertise helps them make an informed decision about their business plan and create a better business sense for themselves.

    Their innovation also lies in the manner in which it executes advisory roles. It works not only as a typical real estate broker but also advises clients based on real estate knowledge. Address Advisors also believes in cross-selling. Most of the time it happens that a client comes with a particular requirement, but on understanding his needs, the firm understands that he also has real estate requirements pertaining to different asset classes.

    Their integrated work structure allows them to service multiple needs of the clients at once. This has been a differentiator for them in this IPC world. The focus is on multiple problems of the client and not just getting done with the deal/transaction. It may sound very cliché, but the magic lies in execution. And execution is something the company has innovated.

    Address Advisors is among the few startups lucky to have a thought process or core business value that hasn’t changed. The company’s initial thought process was raising the bar with client servicing. With each passing year, it has grown; its policies have become better; they have set up new benchmarks for the industry, but the core business value and the idea with which Bhawana and Sunny started this company hasn’t changed.

    Address Advisors- Revenue Model

    They are a broking company. The firm is currently servicing residential, commercial, land, industrial warehousing, hospitality, and retail asset classes. Address Advisors’ revenue model is brokerage.

    Address Advisors- Startup Launch

    Bhawana and Sunny have been a part of this industry for the last 20 years. When they left their previous organization, they didn’t contact any of the clients they had worked for previously, since they believed they were attached to the brand they were working for. There were quite a number of clients they had locally won for their previous organization, who chased them out and wanted to continue working with them irrespective of the brand name.

    It was these previous clients who believed in them and in their services, irrespective of the brand. These clients became the starting point of the company and they still continue to work with them to date. Their unshaken belief in both Sunny and Bhawana, gave the duo a lot of confidence in what they did and continue to do. That’s what has kept them going.


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    Address Advisors- Customers/ Clients

    For the first three years, they didn’t do any campaigns. They were blessed with an immense amount of client referrals, and cross-referrals and so didn’t have the time to create any marketing campaign. The word-of-mouth publicity was spreading fast in the client community which believed that theirs was the consultancy firm to work with as they deliver what they promise.

    Address Advisors- Challenges

    Hiring the right resource is one of the many challenges that the company faces. Though the real estate sector is humongous, and every Indian knows about real estate the way they know about cricket, when you come to the practical aspect of real estate, the reality is different. There is a lot of aptitude and attitude changes that a person needs to make or come with to serve in this part of the industry.

    And not everyone is cut out to be a part of this industry. It is an industry with limited skilled resources, and very few can execute their jobs to the best of their abilities. Since this is one of the few industries that can create a huge financial impact on the client one is servicing, a piece of wrong advice can lead to a massive drain of the financial resources of the client.

    Address Advisors- Achievements and Client Relationship

    Sunny Mogra and Bhawana Ketan have won a couple of awards, but mostly they haven’t participated in many. They have been hustling and trying to grow and create “an impact with their clients.” According to the founders, the fact that their clients always welcome them with a smile the next time they see them is the biggest award anyone can ask for.

    Their biggest achievements are divided into three parts:

    1. The first is being able to go home every day knowing that they have served the client in the right manner.
    2. The second is seeing the happy faces of those who have worked with them. That gives them a lot of high and the energy to keep hustling more.
    3. The last is when clients come back to them repeatedly for advice.

    It may not always lead to a monetary benefit, but the fact that clients approach them every time for guidance gives them a feeling that they have done things right!

    Address Advisors- Future Plans

    Bhawana and Sunny-led Address Advisors are already establishing their footprints across India in all major cities and look forward to going beyond the country to establish offices in other countries by 2026. Their speed of growth has been phenomenal and they are already one of the fastest-growing real estate firms in the country. They hold a strong vision to take a homegrown brokerage business global.

    FAQs

    What is Address Advisors?

    Address Advisors is a Bengaluru-based real estate advisory and consulting firm specialising in the sale, purchase, and leasing of properties.

    Who are Address Advisors founders?

    Bhawana Khetan and Sunny Mogra are the co-founders of Address Advisors.

    What services does Address Advisors offer?

    Address Advisors offers various services such as investment management, re-financial structuring, leasing, selling, purchase, etc., and covers the various real estate asset classes such as residential, commercial (corporate real estate), warehousing & logistics, land & industrial, hospitality, etc.

  • 9 Proven Lead Generation Strategies for Growing Real Estate Business

    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.

    1. Acquire Networks
    2. Join Marketplace
    3. Ask for Referrals
    4. Build Partnerships with Local Businesses
    5. Leverage Social media
    6. Employ Video Marketing
    7. Create Content Marketing Campaigns
    8. Optimize Your Website for SEO
    9. Attend Expos and Tradeshows

    1. Acquire Networks

    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

  • 99acres.com – The Story of India’s No.1 Property Portal

    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 99acres.

    In a world full of hectic schedules people really do not have time to go outside to search for homes or properties. Or maybe if a family is shifting from Mumbai to Pune, it is not an easy task to find a home in the new city. But things are not this difficult these days. Thanks to the real estate property search portals. One of the leading property search portals that lakhs of Indians rely on is 99acres.com. Here is the story of 99acres.com, India’s No.1 Property Portal.

    99acres – Company Highlights

    Startup Name 99acres
    Headquarters Noida, Uttar Pradesh, India
    Sector Real Estate
    Founder Sanjeev Bikhchandani
    Founded 2005
    Parent Organization Info Edge
    Website 99acres.com

    99acres – About
    99acres – Founder
    99acres – Business Model & Revenue Model
    99acres – Investments
    99acres – Competitors
    99acres – Growth
    99acres – FAQs

    99acres – About

    99acres.com was founded in 2005 by Sanjeev Bhikhchandani, a Padmashri award-winner entrepreneur. Today 99 acres is a leading real estate search portal of India, which assists you in buying, selling, and renting real estate properties. 99acres.com is not just about finding and advertising residential properties, you can also find and list commercial properties, upcoming real estate projects, PGs, and co-working and co-living spaces via 99acres.com. You can also find dealers in a given area through the website.

    Logo, 99acres

    99acres is the subsidiary of Info Edge. Other than 99acres.com, Info Edge is also the parent company of other popular businesses like Naukri.com, naukrigulf.com, Firstnaukri.com, AmbitionBox, and jobhai.com.

    99acres.com – Founder

    Sanjeev Bikhchandani

    Sanjeev Bikhchandani, founder 99acres.com(Info Edge)
    Sanjeev Bikhchandani, founder 99acres.com(Info Edge)

    Sanjeev Bikhchandani is a renowned name in the Indian Business community. Born in 1964 in Delhi, Bikhchandani is an Economics graduate and alumni of IIM Ahmedabad. Bikhchandani, from a young age, had a bent towards entrepreneurship and tried his hands in various small businesses.  Naukri.com India’s pioneer job search portal is the brainchild of Sanjeev Bikhchandani. The Naukri.com idea was developed by Bikhchandani while he was working out of a small servant quarter above a garage. The seed capital for starting Naukri.com was just Rs 2000. Later Naukri.com went on to become the first dot-com company to be listed on the Indian stock exchange. Besides 99acres.com and naukri.com, Sanjeev Bhikchandani is the mind behind popular sites like siksha.com, naukrigulf.com, and jeevansathi.com. Bikhchandani was awarded the prestigious Padmashri award in 2020. He has received many rewards and recognition for his contribution to the Indian economy and business.

    99acres – Business Model & Revenue Model

    The business model of 99acres is very simple. 99acres.com connects real estate buyers and sellers, house owners, and tenants.  Sellers, house owners, and property dealers can list their real estate properties, post pictures of their property, and find interested buyers and tenants. While a limited number of listings is free on 99acres.com, once the limit is over, one needs to pay for the listing.

    99acres.com’s primary sources of revenue are

    • property listing charges
    • subscription fees
    • charges for marketing real estate properties, new real estate projects on the 99acres.com website
    • Charges for Ads on Website
    • Charges for promoting and featuring builders and dealers on the  website

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    99acres – Investments

    In November 2018, 99acres invested $1Million in BigStylist, A Salon at Home Service.

    Date Funding Round Money Invested Organization Name
    November 8, 2015 Seed Round $1 million BigStylist

    99acres – Competitors

    The top competitors of 99acres.com are MagicBricks, Housing.com, and IndiaProperty.

    MagicBricks

    It is the top competitor of the company 99acres. The company is headquartered in Noida, Uttar Pradesh, India, and was founded in 2006.

    Housing.com

    It is seen as one of the top competitors of 99acres. The company is headquartered at Gurgaon, Haryana, India, and was founded in 2012.

    IndiaProperty

    IndiaProperty is headquartered in Chennai, Tamil Nadu, India, and was founded in 2006.


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    If we have to point out some of the worst fights online, the fight between99acres Vs. MagicBricks will be one of them. The two have been in real estatefor years, but their fight has made more headlines than their achievements inthe real estate business. The 99acres Vs. MagicBricks conflict surely…


    99acres – Growth

    99acres.com is performing well and has contributed a huge chunk to the growth of its parent company Info Edge. In quarter II of 2019, Info Edge’s revenue jumped to Rs ₹316.6 crores from ₹265 crores, which was the revenue in the 2nd quarter of 2018. This jump in revenue was supported by 99acres.com’s 20% growth in revenue and billing in the same quarter.

    However in January 2020, in an interview given to ETNOW, Hitesh Oberoi, the MD, and CEO of Info Edge India Ltd said that 99acres.com’s growth is declining due to the slowdown of the real estate market. But he expected the things to turn for better in a year or two.

    Further, the real estate segment also suffered due to the Covid induced Lockdown, which resulted in a decline in revenue for 99acres.com. In the Q4 of Fy 2020, 99acres.com’s billings fell by 24%  Y-0-Y to INR 50.7 Cr from INR 66.7 Cr. Revenue for Q4 of FY 2020 increased by 3.6% Y-o-Y to INR 56.4 Cr. Q4 EBITDA is INR 2.2 Cr.

    On an annual basis, billing and revenue for Fy 2020 increased by 3.5% and 18.8% respectively. Thus billing for FY 2020 is INR 213.9 Cr and revenue for FY 2020 is INR 228 Cr. EBITDA for FY 2020 is INR 8.4 Cr.

    Traffic to 99acres.com that declined to single-digit due to the Lockdown, is now slowly bouncing up.

    99acres – FAQs

    Who is the owner of 99acres?

    Sanjeev Bikhchandani is the founder/owner of 99acres.com.

    Is 99acres Free?

    A limited number of listings is free in 99acres. 99acres is completely free for property searchers.

    Is 99acres Profitable?

    In Q1 of Fy 2020, 99acres posted a Rs 3.4 Crore Loss before Tax. In Q1 of FY 2019, 99acres reported Rs 12.86 Crore Loss before Tax.

  • Fairpockets – SaaS-Based Builder-Broker Mobile Marketplace

    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 the organization it is based on.

    Whether it’s buying a real estate, selling one or investing in real estate properties, nothing is easy. One needs to do a lot of market research to buy a property suited to his requirements. On the other hand, selling a real estate property is  a complicated task and takes much time in most of the cases. Besides, price negotiations are always a troublesome issue. In such a scenario will not it be nice if someone guides us regarding the best property to buy, the best price to sell or the best way to manage our realty?  

    Fairpockets, a Noida based startup is doing all these for you so that, you can buy and sell properties easily. The startup even helps you to manage your existing properties profitably.

    Know more about Fairpockets Company Profile, Founders, Funding, Business Model, Revenue Model, Challenges, Future Plans, Logo

    Fairpockets – Company Highlights

    Startup Name Fairpockets
    Headquarter Noida
    Founders Ritesh Anand & Rumki Sengupta
    Sector Real Estate Tech
    Founded 2017
    Website FairPockets)
    Parent Organization Chilin Prop Pvt. Ltd.

    About Fairpockets
    Fairpockets’ Target Market
    Founders of Fairpockets and Team
    How was Fairpockets Started
    Fairpockets – Name and Logo
    What is Fairpockets
    Fairpockets – Business Model and Revenue Model
    Fairpockets – Funding and Investors
    Fairpockets – User Acquisition
    Fairpockets – Startup Challenges
    Fairpockets – Competitors
    Fairpockets – Future Plans
    Fairpockets – FAQs

    About Fairpockets

    Fairpockets is a Fair price property portal and a SaaS based builder broker mobile marketplace. It is an online platform that connects the buyers, sellers and brokers.

    In the case of sellers, Fairpockets allows free property posting on its site and property valuation is done for resale property before going live. After selling a property, it even suggests reinvestment options to the sellers. One can also rent properties through Fairpockets. Price calculator, Inventory management, Lead management, communication system are some of the features used by sellers.

    The company’s short term goal is to help builders and brokers bring sales growth, efficiency and transparency. Fairpockets is working towards a PAN-India broker network and connect them with builders and ultimately to the end consumers. All information flow happens seamlessly so that there is transparency of information, speed of connecting between builders & brokers and professional response to the query of consumers to build trust between these three stakeholders.

    In the long term, FairPockets is looking forward to connecting serious property sellers to its broker network and help them in selling the property fast within a specified timeline and hence bringing predictability.

    Our website will help us in identifying serious sellers at the right price and our app will help in pushing inventories to the broker network.


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    Fairpockets’ Target Market

    Fairpocket’s current target market in the Real Estate industry is Builders and Brokers as it is currently providing SaaS solution. In India, the real estate CRM is currently used by only large developers and few brokers.

    Client Segment Real Estate, SaaS, Marketplace
    Target Companies Medium Enterprise, Small Enterprise, Large Enterprise
    Geography India

    “As per our internal estimates the market size of real estate CRM is around 30cr and is currently a very underserved market. Going forward we will be leveraging our broker network for transaction services which as per various media report is around $4bn” Says Ritesh.

    Founders of Fairpockets and Team

    Ritesh Anand and Rumki Sengupta are the founders of Fairpockets.

    Fairpockets Founder – Ritesh Anand and Rumki Sengupta

    Ritesh Anand is the Co-founder & CEO of Fairpockets. Ritesh completed his MBA from Ivey Business School, Canada and has been part of Media/Internet industry for over 15 years in Sales, Strategy and as Business Head before starting Fairpockets. He has worked with organization like Radio Mirchi, SHL, Monster and Times Internet. He has been a long time real estate investor in cities like Mumbai, Delhi NCR, Patna – having executed residential/commercial/land/JV with developers and related transactions. He is also passionate about teaching and had been a visiting faculty at IIM Raipur & IMT Ghaziabad.

    Ritesh is also Co-founder and Director of India Canada Alumni Network (ICAN), an organization that represents Canadian Alumni residing in India. Ritesh handles Product, Sales, and marketing departments in Fairpockets.

    Rumki Sengupta is the Co-Founder & Director of Operations in Fairpockets. Rumki has around 14 years of experience in Human resource and Operations. She has worked with companies like Patni Computers, L&T Infotech & Octopus Retail. She has completed her MBA from Pune University & Sunstone Business School. Rumki is also a professional artist who has participated in many group shows. Rumki takes care of research and operations.

    Another core members of the team is Digpal Singh, the Tech Lead. Digpal has over 6 years experience in developing small to large web application using PHP, CakePHP, Laravel framework. Digpal has done his masters in physics & computer science.


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    How was Fairpockets Started

    Ritesh has been a long time real estate investor and has bought and sold multiple properties in 3-4 cities. One problem which he faced all the time is that of selling the property. It takes a long time to sell a property. He observed that people have to wait for months and sometimes even years to find suitable buyers for their property. He realized that it’s one of the biggest challenges in the real estate sector and also a large opportunity.

    Ritesh with a motive to find a solution to this issue started speaking to many property owners and brokers in Delhi NCR, Mumbai and Bangalore to understand the selling cycle and process. This dawned upon him that there are many problems in the real estate sector that requires a solution.

    There are primarily 2 ways by which any property owner or developer can sell their property:

    1. Advertising
    2. Broker Network

    Advertising is moving away from print and shifting to the internet. Most of the property portals have a lot of broker listing with fake pricing or very low pricing. Because of this, the buyer gets attracted and brokers get the leads.  On the other side, the owners generally post at higher than market price with the hope that they will negotiate when they get serious sellers but that doesn’t happen so easily.

    As far as broker network is concerned most of the property owners may not have time to be in touch with them on a regular basis. There are so many unsold inventories so brokers generally push only the ones which are on their top of the mind.  

    To solve these issues that have been prevalent in the real – estate sector for years, Fairpockets was formed. Fairpockets was launched in Noida.


    NoBroker Success Story – Business Model | Revenue | Founders | How it Works
    The content in this post has been approved by the organization it is based on. Anything that has to do with real estate, specifically as a purchaser, isconvoluted and often, annoying. The constant nagging by middlemen and sellers,lack of fluid communication, and running helter-skelter to get the …


    The name Fairpockets was given focusing on the company’s mission to establish price transparency in the real estate sector.

    Fairpockets Logo

    If you have ever bought or sold any property either through a new or any resale property then the one thing which you are not sure about is the price. You speak to multiple brokers about the same property and everyone will quote you a different price as there is no standardization and you may find it very unfair at times. So our idea was to bring price transparency in the entire selling and buying process and make it a fair transaction for you. The name Fairpockets syncs with this idea .

    Fairpockets – Business Model and Revenue Model

    Fairpocket’s business model revolves around providing mobile project listing and software service to builders and brokers. Builders can provide all the relevant information related to their project, price, inventory, leads etc to their sales team and channel partners through Fairpockets mobile or web platform.

    Fairpockets earns revenue through the subscription of its web and mobile app services to builders and has just started the same for brokers as well.

    Fairpockets – Funding and Investors

    Fairpockets is currently bootstrapped.


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    Fairpockets – User Acquisition

    Being a B2B service Fairpockets reaches out to its customers through direct interaction. However, for its B2C services, Fairpockets uses online marketing to reach out to users/customers.

    Reaching out to customers directly is the best way for us, but we are exploring some strategic alliance to reach out to customers quickly. Though we are getting some good referral as well and we are very confident that with time our model has the potential to go viral. Currently, our marketing spends on Campaign is nil as we are building through organic mode.

    At present, Fairpockets has some good clients associated with it. Its rate of client acquisition is also on a growth trajectory. The company’s app user base is also growing and its services for brokers will help it further in increasing the base. The company is also focusing on its B2C business. It plans to start the process of raising funds to speed up growth.

    Fairpockets – Startup Challenges

    One of the biggest challenges faced by Fairpockets was getting the business model right.

    “We wanted to solve a very large problem of reducing the time to sell the property for owners and developers. When we started exploring the solutions, we found some direct ways to solve this problem but none seems very effective. So we broke our problem into 3-4 small or tactical problems and started solving them one by one, making sure that each solution generates revenue for us and is a step towards solving our big problem in a much more effective way” says Ritesh.

    Fairpockets – Competitors

    Currently, Fairpockets is operating in B2B SaaS space in Real Estate Sector. Some competitors of Fairpockets operating in this domain are mini ERP/CRM players like FarVision and SalesForce.  

    Fairpockets – Future Plans

    Going forward, Fairpockets will be focusing on the transaction services which is a very fragmented market but have some large players in it.

    Fairpockets – FAQs

    What is Fairpockets?

    Fairpockets, a Noida based startup is doing all these for you so that, you can buy and sell properties easily. The startup even helps you to manage your existing properties profitably.

    Who are the Founders of Fairpockets?

    Ritesh Anand and Rumki Sengupta are the founders of Fairpockets.

    When was Fairpockets Founded?

    Fairpockets was founded in 2017.


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    Construmart HighlightsStartup NameConstrumartHeadquarterGurugram[https://startuptalky.com/gurgaon-startups/]FoundersHarsh Sethi & Mitesh KumarSectorCeramic-SanitarywareFounded2016Registered Entity NameConstrumart OnlinePrivate Limited Construmart – IntroductionConstrumart – Industry DetailsCo…


  • Innov8 Coworking – Expanding the Culture of Coworking Space with Style and Sophistication!

    The concept of co-working space dates back to 1995. But it wouldn’t be wrong to say that it has gained popularity in the last decade. To make the co-working industry more sophisticated, Ritesh Malik founded Innov8 in 2016.

    Innov8 is a premium coworking space provider in the country. In recent times, it has emerged as a leading brand in the coworking space standing on a strong footing in the Indian startup market space. It’s not widely known but India is the 3rd biggest startup hub in the world! This germinates the apparent need for relevant workspace in the country.

    Innov8 – Company Highlights

    Startup Name Innov8
    Headquarter New Delhi, India
    Sector Real Estate, Co-working
    Founders Ritesh Malik
    Founded October 2015
    Parent Organization Innov8, Inc.
    Website innov8.work

    About Innov8 and How it Works
    Founders of Innov8 and team
    How was Innov8 Started?
    Innov8 – Startup Launch
    Innov8 – Business Model and Revenue Model
    Innov8 – Competitors
    Innov8 – Funding and Investors
    Innov8 – Growth
    Innov8 – Future Plans

    About Innov8 and How it Works

    Innov8 was launched with the vision to provide the best infrastructure in town & supremely innovative design facilities to the members working in the workspace. This will lead them to work to their fullest potential while leading an equally balanced work-life with the finest and top-notch office spaces.

    Innov8 Website
    Website

    All in all, Innov8 provides cool and sophisticated co-working spaces to facilitate the process for the startup ecosystem and the merging freelancer’s culture in the country. Since its inception, it is based on the core value of building world-class products at a superiorly value-conscious price with top-notch service. This is now the fundamental strength of this venture. The company, by and large, focuses on scaling its business model to deeply assist in integrating more verticals under the shared economy space in the country.

    “At this time, Innov8 coworking space is helping startups and freelancers by providing them an ergonomically designed workspace that has exclusively been curated for better work-life.”, says the founder, Ritesh Malik.

    Founders of Innov8 and team

    The founder of Innov8 is Ritesh Malik. He is a doctor by profession and is a graduate of Dr. MGR Medical University in Tamil Nadu.

    Ritesh Malik - Founder and CEO, Innov8 Coworking
    Ritesh Malik – Founder and CEO, Innov8 Coworking

    Dr. Ritesh Malik is an Indian doctor, entrepreneur, and investor. He runs a virtual Startup Accelerator in India, currently investing in and mentoring 11 startups across various industries. He was the first investor & mentor of FIN ROBOTICS, which became the first Indian hardware product company to raise a Series A venture funding.

    He did his MBBS from a rural medical college, Theni, and an internship from Ganga Ram Hospital in Delhi. His parents are doctors; his father is a pediatrician & mother is a gynecologist. They have a secondary healthcare hospital in Delhi called Radix Healthcare. He also studied for a short time at the London School of Economics and completed a semester at Harvard University.

    How was Innov8 Started?

    If you’re wondering how was Innov8 started, we have got you covered. All of it started while founder Ritesh was in medical school and he sort of developed a keen interest in the divine field of entrepreneurship. During his college days, Ritesh had successfully managed to attend a short Marketing Science 101 course at the prestigious London School of Economics during one of his summer breaks. That’s where he learned deeply about how Silicon Valley was booming and buzzing with startup ventures and sustainability modules every day.

    It is also during this time that he founded Guerilla Ventures in 2013 which is an angel fund. This venture has invested in more than 45 startups across various sectors including healthcare, information technology, innovation, SaaS, etc. After being a successful investor for quite a few years, Innov8 owner Ritesh Malik again felt the entrepreneurial itch! And that’s how he went on to start the startup in Delhi in January 2016.

    Innov8 CEO and founder Ritesh says: “The office space was in the heart of Connaught Place in Delhi, and it was fully sold out within 30 days.”


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    Innov8 – Startup Launch

    Soon after Ritesh launched Innov8, the venture was picked up by Silicon Valley incubator Y Combinator for the 2016 batch.

    “We were told we should do large centers because with small centers we will not be able to become a $1 billion revenue company. At YC, we learned that to be huge, we need to have large campuses,” said Ritesh Malik, owner of Innov8.

    Followed by this event, the startup went on to set up a 500-seater campus in the IT hub of the country, Bengaluru, which also sold out in just two months. As of today, from typically 25,000-27,000 square feet co-working spaces, the company is gone further deep in the game and is now setting up 50,000 square feet spaces around the country.

    Innov8 Logo
    Innov8 Logo

    Seeing this level of the upping game, it wouldn’t come as any surprise to us that Innov8 is now aiming to do one lakh square feet workspaces soon. They have been successful in creating a coworking space in Hyderabad for about 80,000 square feet. This was the time when established players like WeWork had already established its space in the city.

    The startup has immense competition in the coworking market but the rising demand for coworking spaces always exceeds the supply of these spaces. Hence this is where they step in and conquer. Innov8 Coworking was acquired by OYO for $30 million on Mar 15, 2019.

    Innov8 – Business Model and Revenue Model

    Innov8 typically operates on an asset-light business model which means that it leases the working spaces for up to 10 years.

    “Our focus is on doing larger campuses because we feel that if we do larger campuses in a particular area, the economies of scale will kick in and we end up making more money out of it, as well as the community building factor plays along with it,” added Ritesh Mallik, the founder of Innov8.

    Innov8 – Competitors

    Though the competition is huge and cut-throat in the coworking space market, the company’s biggest competitors are the ventures called Awfis and 91springboard.


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    Innov8 – Funding and Investors

    The funding amount of Innov8 lies at $4 million. In 2018, it raised its pre-Series A round of funding for $4 million led by the Credence Family Office. Also, the existing investors participated in this funding round.

    The company is backed by high profile angel investors including Vijay Shekhar Sharma, Founder, Paytm; Rajan Anandan, Head, Google India; Anand Chandrasekaran, Global Director of Platform and Product Partnerships, Facebook; and Girish Mathrubootham, Founder and CEO of Freshworks, among others.

    Innov8 Coworking was acquired by OYO for $30 million on Mar 15, 2019.

    Innov8 – Growth

    • Operates in more than 13 cities across India
    • Has an overall capacity of 6,000 seats
    • Has a wide network of more than 190 clients
    • Its clients include RBL Bank, food delivery major Swiggy and Vice Media to only name a few
    • Its centers are built with facilities like nap rooms, rooftops, recreation facilities, refreshments, and printing services
    • Has approximately 95% occupancy across all centers

    Innov8 – Future Plans

    “We have almost 95% occupancy across all our centers, which is one of the foremost markers of our success. With the domain expertise our investors bring on-board, we look forward to leveraging their support, as we build a leading platform offering collaborative space for growth and innovation in India. By the end of this year, we will have 24,000 seats, with 30-32 centers” concluded Ritesh Malik.


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  • How VR boosted the Growth of the Real estate Industry

    The Real estate industry is undergoing an innovative transformation. There is a sudden change in the industry from the traditional ways towards a new and innovative way which is through Virtual Reality. VR has also transformed the functioning of the industry.

    VR technology has helped the Real estate agents and companies in getting more clients, delivering top-end services, and growing their businesses. Let’s look at some of the ways Virtual Reality is transforming the Real estate industry.

    Virtual Tour of Real Estate
    Virtual Furniture
    Visualizing Real estate Models
    Less confusion
    Editing Property according to preferences
    FAQ

    Virtual Tour of Real Estate

    Virtual Reality has made house tours much easier. Everyone would want to take a look at the Real Estate and only then proceeds with the buying of the property. Many a times pictures wouldn’t be satisfactory nor would you get a clear understanding of the structure of the property.

    There are a lot of other problems faced as well which includes lack of time to visit the place, unable to travel if the property is far away. All these problems existed in the Real Estate industry and now with the use of Virtual Reality, these are eliminated.

    VR helps you visit the property virtually and makes you feel like you are physically taking a tour of the property. All these are possible even without stepping out of your house.

    It helps you visit multiple properties within a matter of time and later decide on visiting the place. It helps you save a lot of time and provides you a clear idea.

    Virtual Furniture

    A real estate place filled with an adequate amount of furniture will always look better than an empty Real estate space. A Real estate space filled with furniture would be easier to sell and would impress you more than an empty one.

    According to a report by the National Association of Realtors, 77% of the Real estate agents have claimed that a home filled with furniture has helped the buyers to imagine their future homes.

    Filling actual furniture in a newly built house or an empty house is going to be a lot of investment and would cost more for the agents. Virtual Reality helps in showcasing virtual furniture which helps the buyers to imagine their future home and picturize it in an easier way.


    List of Real Estate Startups in India
    Now a days, every startup provides services at your doorstep. You can haveanswers for all your problems with few clicks on internet. Now technology has made this easy. You can have all information related toproperty with few clicks on internet. Real estate industry is using enhancedtechnologies…


    Visualizing Real estate Models

    Selling an architectural idea has always been hard. Most of the time the design which is sketched by the architecture would be satisfying but sometimes the end model wouldn’t come up to your expectations.

    If it is a bigger project you can find architects or developers coming up with a small model of the project with the roads, community, buildings, etc. in a miniature form. For the interiors most of the time the developers would have to invest in setting up a similar design in a showroom.

    This again would require a lot of investment from the developers and would consume a lot of time. Virtual Reality helps in solving these problems and would help in visualizing the interiors and exteriors of the properties which are yet to be constructed.

    Through Virtual Reality, the client can easily set his expectations and he would know what the end property or the model would look like.

    Number of VR Headsets sold Globally
    Number of VR Headsets sold Globally

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    Less confusion

    In most cases when you move to a new house, you would find it hard to locate the switches or the settings of the devices in the place. The Real estate agents or the owners of the space will have to keep on communicating with you according to your requirements and most of the time it won’t be possible.

    All of your queries and problems being answered would depend on the availability of the owner or the agents. Here, Virtual Reality will help the tenants in effectively communicating with their owners or agents.

    A Virtual tour about the settings of the house, the uses of different switches, and other technical settings will provide clarity for the newly moved-in tenants. It will be a little bit time-consuming but will avoid a lot of confusion and help the new tenants to get used to the place much more easily.


    Top 10 Real Estate Website To Make Your Findings Easier
    According to a survey done by top 10 real estate websites in 2017, 51% of thetotal home buyers found their home on the internet. In fact, people do dependand trust on real estate websites to make a purchase. So, here are the top 10real estate websites that you can refer to before buying a propert…


    Editing property according to preferences

    During the virtual tour  if a client wishes to change the design or add a piece of new furniture in the design, He/she can add it at that moment. This will help the buyer in adding his designs. He/she will be able to edit the interiors or bring small changes to the exteriors according to his/her preferences.

    If a person is taking a virtual tour at a house and likes the furniture used in it, they can later go online and shop for similar products.

    FAQ

    What are the free Virtual Tour Software?

    Lapentor, Marzipano, Makevt, Vtility are some top free Virtual Tour Software.

    How much does real estate virtual tour cost?

    The average cost to receive a Virtual Tour of a property is $350.

    Do virtual tours help sell houses?

    Virtual tour is a great way to generate interest of the buyers, as it provides buyer a clear idea of the property.

    Conclusion

    Virtual reality has transformed the real estate industry making the work easier and in a convenient way. It helps both the buyers and agents to save their time. Virtual Reality has already started to change this sector. In the near future, we will be able to see much more inventions and VR becoming more common in many sectors.

  • Top 10 Real Estate Websites: Finding Home Is Easy

    According to a survey done by top 10 real estate websites in 2017, 51% of the total home buyers found their home on the internet. In fact, people do depend and trust on real estate websites to make a purchase. So, here are the top 10 real estate websites that you can refer to before buying a property.

    You can use these top 10 real estate websites if you are searching for a new real estate website provide. These sites will provide with resources to help potential buyers as well as sellers. Let’s get to know about these websites.

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    99Acres

    free property sites in india_startuptalky
    99Acres

    In India, 99Acres is one of the top real estate websites that provides for real estate agents, brokers and customers. It helps the user to find a property in more than 50 cities. With a user-friendly website and a mobile application, this website has won GSF Mobile Appies Award Winner 2015 under the real estate category. It also has become the 2nd largest property portal with an Alexa ranking of 140 in India.

    MagicBricks

    MagicBricks is not only one of the top 10 real estate websites but also deemed the most preferred property website in India. This has been reported by an independent survey. At present, this website has over 7000 properties for sale. A venture of Times Of India, this website is managed by Bennett, Coleman & Co. Ltd.

    top 10 real estate websites_startuptalky
    MagicBricks

    It also features a number of new projects according to the user’s choice. Not only that, but the user can also get information about home loans, legal, taxation, home insurance, and government policies related to private properties.

    Housing.com

    best property websites_startuptalky
    Housing.com

    One of the most verified property listing websites, it currently has over 1 lakh sellers on its website. Founded in 2012 and known to have a commanding presence in Mumbai, Maharashtra. As it supports both Android as well as iOS users, it is capable of catering a vast audience all over the country. It has presented over 40 cities in India with an Alexa ranking of 318.

    Sulekha Properties

    real estate india_startuptalky
    Sulekha Properties

    With an Alexa rank 99, Sulekha Properties comes under the top 10 real estate websites to refer. Its features include regularly upgrading of  their database. It also uses a few strategies to ensure smooth communication between brokers and home buyers. Learn about price trends as well as a few best investments projects in your chosen location.

    Address Advisors- Banglore Property Broker | Company Profile, Real Estate Consultant Firm
    The content in this post has been approved by the organization it is based on. Real estate sector is one of the most globally recognized sectors. Itincorporates four major asset classes: residential, retail, hospitality, andcommercial. The growth of this sector is well complemented by the growth …

    NestAway

    real estate india_startuptalky
    NestAway

    NestAway claims themselves to be ‘India’s fastest-growing managed home network.’ It was founded in January 2015 by four Bengaluru based entrepreneurs Amarendra Sahu, Deepak Dhar, Jitendra Jagadev and Smruti Parida. They ensure the user a very easy and user-friendly way to find a living environment for everyone seeking for a house.

    Quikr Homes

    Best real estate websites_startuptalky
    Quikr Homes

    One of the top 10 real estate websites that have been a game-changer in the aspect of the realty business. The website offers its user to independently connect with buyers and sellers online. The versatile interface has made Quikr grow really fast. Besides real estate, Quikr also offers service in various other fields as well. An all-rounder, ready to serve with just a click.

    CommonFloor

    If you are looking to buy or rent a property in top tier cities, then CommonFloor is your option. It has a connection in cities like Bangalore, Mumbai, Pune and New Delhi.

    real estate india_startuptalky
    CommonFloor

    This one is relatively a new website founded by IITians it has an exclusive feature added. It allows the user to get an experience of the live visit to the properties. This feature is known as CommonFloor Retina, which is blended with a unique virtual reality technology. Selecting a property is much easier which makes it one of the top 10 real estate websites.

    IndiaProperty

    Another website in the list, IndiaProperty is also known for its unique way to serve the user. It ensures end to end assistance before buying the property. But this is not the end. They provide assistance even after you are done with your buying process.

    top 10 real estate websites in india 2020_startuptalky
    IndiaProperty

    IndiaProperty also enables its user to experience a built-in technology for 3D floor plans and virtual tours. These ensure that the buyers get a personalized feel while visiting their selected properties online.

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    OyoLife

    Started as hotel website, Oyo is really growing its branches and has added its name among the top 10 real estate websites very quickly. It has offered a much versatile service and has updated accommodation for the users.

    top 10 real estate websites in india 2020_startuptalky
    OyoLife

    Currently, OyoLife has a presence around 11 cities in India. It provides the buyers with basic amenities like housekeeping, internet, kitchen, etc that are available in every house they provide.

    PropTiger

    top 10 real estate websites in india_startuptalky
    PropTiger

    One of the best home buying websites that allow its user to have the best experience to its clients. It also helps in assisting them with matchless guidance throughout the journey. Their basic services include discovering, buying, renting, selling and financing a home. They operate throughout the country. Although people finding a resident in places like Mumbai, Bangalore or Pune will get a better experience.

    These top 10 real estate websites will help you reach up to the best and suitable property you are looking for. It is important to get acquainted with the features that are available in each site. Although all these websites are highly user-friendly, you will still get better options if you know how to browse into the corners to get the best results.

  • 75F – Smart Building Solutions for Your Commercial Space

    The content in this post has been approved by the organization it is based on.

    While today many employers are realizing the importance of organized and active workplaces for increasing the productivity of employees, there are other important factors like lighting, temperature, etc. that also effects productivity of employees directly. Not only in offices, in any building, the temperature, lighting, air flow etc can have a remarkable impact on the efficiency and mood of the inmates. To take care of this very crucial need,

    75F was founded in 2012 by Deepinder Singh. It offers smart building solutions for commercial spaces, that not only improves the comfort level of the  building inmates, but also aids conservation of huge amount of energy.

    Lets have a look at the company profile of 75F, how the company was started, its Business Model, Revenue, Funding, Story etc.,

    75F – Company Highlights

    Startup Name 75F
    Headquarter Minneapolis, USA
    Sector Building Automation & Controls
    Founders Deepinder Singh
    Founded 2012
    Parent Organization 75F
    Website 75f.io

    About 75F
    75F – USP
    75F – Founders and Team
    How was 75F started?
    75F – Name and Logo
    75F – Business Model and Revenue Model
    75F – Startup Challenges
    75F – Funding and Investors
    75F – Growth and Revenue
    75F – Awards and Recognition
    75F – Future Plans
    75F – FAQs

    About 75F

    75F is a high-tech startup disrupting the building systems industry by taking a fresh approach to HVAC, lighting and building controls. 75F’s solution is uniquely capable of Improving a commercial building’s Operational Efficiency and Occupant Experience, or (OE)2.

    Equipped with IoT and cloud computing data storage and processing power, 75F’s system is much more efficient than the standard building controls systems. They help commercial buildings save up to 50% on their HVAC and Lighting Energy bills! Due to the energy savings, utility rebates and ease of installation, the payback is typically less than 3 years. Simple, wireless installation can be done with little disruption. Cutting edge technology optimizes the operational efficiency of the building, making it truly smart and automated.

    75F’s Building Intelligence System uses IoT and smart algorithms in the cloud to not only optimize energy efficiency but also uses the input from these sensors to proactively adjust HVAC, Indoor Air Quality and lighting settings to optimize occupant comfort and overall occupant experience. Studies show that each of these aspects significantly impacts occupant health, cognitive abilities, problem-solving capabilities, concentration, and ability to innovate.

    For example- as the US Green Building Council points out:

    “Studies show that small changes such as improved ventilation will boost the productivity of workers by 11% while better lighting will spark a whopping 23% jump in efficiency levels”

    Another recent study states that over – cooled offices negatively impact employee output by nearly 50% and extremely warm offices lead to an 18% drop in attendance and an increase in project turnaround times by 13%.


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    75F – USP

    75F solutions provide commercial buildings customers with Energy Efficiency, Comfort, Indoor Air Quality Management, Automation & Remote manageability. It includes a vertically integrated solution comprising of hardware, sensors, software, and analytics plus machine learning.

    75F’s solution, a highly customized solution tailored to suit customer needs, compares very favorably with existing BMS + sensors + control systems while providing a far richer interface, far greater insight and significantly enhanced automation.

    As one of the early Indian customers, Mr. Manjunath Srivatsa, Sr. VP – Facilities and Admin, Firstsource Solution says, “Since we installed 75F’s solution we’ve achieved significant savings on our energy bills and have noticed a considerable improvement in comfort levels. Moreover, 75F’s solution helped improve the productivity of my team.”

    Another happy customer from the US Dan M, co-founder of Magnet 360 says, “I think it’s a fantastic solution. If you’re looking for the cost savings, it’s there. If you’re looking just to be green, it’s there. At the end of the day, if you’re looking for comfort, that’s the number one reason to roll it out.”

    75F’s proactive, self-learning system with enhanced predictability, helps drive greater comfort and efficiency. Occupants of building with the 75F solution experience enhanced levels of thermal comfort, lighting comfort and air quality levels. This leads to far greater levels of productivity, occupant well-being, and longevity.

    75F’s solution also improves the Operational Efficiency of the building, thereby improving the experience and the productivity of the Facilities Team. It empowers the facility team with Remote Manageability, better visibility, and control.

    75F – Founders and Team

    Deepinder Singh is the Founder and CEO of 75F.

    75F Team
    75F Team

    75F founder and CEO, Deepinder Singh has a bachelor’s degree in engineering from the Thapar Institute of Engineering and Technology. Prior to starting his own venture, Deepinder held various technical positions at companies like Apex Electronics, Hughes Network Systems, Eftia OSS Solutions, Soma Networks, Suntulit and Unreasonable.

    Regarding team size, 75F currently has over 70 employees in the APAC region, with offices in Bangalore, Mumbai, Chennai, and Singapore. In the U.S, the company employs over 40 people. 75F is expecting to add about 40 headcounts in both these geographies in the coming year.

    How was 75F started?

    75F was created to find a solution to an age-old problem. When 75F’s CEO & Co-Founder, Deepinder Singh’s one-year-old daughter moved to a separate room in their house in the US, she would often wake up crying in the middle of the night. He soon discovered this was because her room temperature was more than 8-10 degrees cooler than the other rooms – a significant difference in Minnesota, where the outside temperature could fall to -30 degrees Celsius. This was because the thermostat in the master bedroom did not take temperature variances into account. To fix this problem, Deepinder developed algorithms that incorporated temperature variances and thermal loads in different parts of buildings, and this was the beginning of 75F.

    75F stands for 75 degrees Fahrenheit, which was set by the United Nations in 2008 as the optimum temperature in all its offices worldwide. Inspired by this, 75F seeks to deliver optimal comfort while saving maximum energy.

    75F Logo
    75F Logo

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    75F – Business Model and Revenue Model

    Initially, 75F’s go-to-market was direct to the customer, i.e. Facility Managers and Facility Heads of commercial buildings. Over time, it redefined its go-to-market strategy to approach the customers through their ESCo (Energy Service Companies) Partners or other channel partners such as FM Companies, Property developers, Building Automation SI’s, etc.

    75F’s customers can opt for one of the two business models: CAPEX ( Captital expenditure) and OPEX ( Operational expenditure). In CAPEX, the customer makes an upfront payment, and there will be a small AMC fee for maintenance, but in the OPEX model, the customer will make regular payouts from the energy savings it enjoys for a predetermined period.

    75F – Startup Challenges

    Energy Efficiency, employee health and productivity, optimization and protection of assets or goods in a building, etc. all form an integral part of today’s business. While technologies such as IoT enable all of these at a much lower cost & in a more user-friendly way than before, there is inertia in changing to newer technologies and newer standards in comfort & sustainability.

    That said, 75F is optimistic that the growth potential in the Indian subcontinent is huge where buildings are becoming people-centric with occupant’s comfort and preferences being given utmost priority. Energy efficiency & automation, which aren’t very big priorities for facility managers today, will soon become their prime focus.

    75F – Funding and Investors

    In its latest round of funding, 75F raised $18 Million from lead investors, Breakthrough Energy Ventures and OGCI Climate Investments in September 2019. 75F has raised 3 rounds of funding till date. Below are the details-

    Date Stage Amount Investors
    Sptember, 2014 Grant $105K Grant received after participating in a startup competition called the MN Cup run by the Carlson School of Management
    June, 2018 Seed $2 Million Gopher Angels, Steve Case(Chairman and CEO of Revolution, a venture capital firm based in Washington, DC.
    September, 2019 Series A $18 Million Breakthrough Energy Ventures, OGCI Climate Investments, Revolution, Clean Energy Trust & Building Ventures

    75F – Growth and Revenue

    Over the past few years, 75F has expanded its product portfolio, entered new markets, and has started serving new verticals. Customers see value in investing in a truly predictive, proactive and self-learning solution that drives away inefficiencies. 75F today caters to an exciting breed of customers representing large and small enterprises that are looking for more efficiency, comfort, and power at their fingertips. 75F is headquartered in the U.S with offices in India (Bangalore, Mumbai, and Chennai) and Singapore. As revealed by Gaurav Burman, 75F’s APAC President , 75F has been growing in triple digits for the last two years.

    With over 10 Mn square feet under management and a happy clientele that includes brands like First source Solutions, Flipkart, Bennett-Coleman Group, Shell, HP, ADAMAS Builders, and Mercedes Benz to name a few, 75F is very optimistic about their continued growth.

    75F started operations in India in August 2016. As per reports the company was aiming to reach Rs 100 Cr in revenue in the fiscal year 2018-2019. However, 75F’s current revenue is not disclosed.


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    75F – Awards and Recognition

    75F has won numerous awards for its pioneering and disruptive technology. Here are a few of the times they were deemed the best:

    • ‘Most Innovative Smart Buildings Automation System 2019’ title by Global Excellence Awards 2019
    • ‘PropTech Eco-Solution of the Year 2019’ by Realty+
    • Energy Efficiency Winner at CleanTech Open
    • Technology Inventor Winner at Titans of Technology
    • People’s Choice Award at Clean Energy Trust.

    It also won the ‘Hot 100 Race to Grace 2017’ award and had been listed as one of the Top 50 SMEs by ASSOCHAM in India. Committed to innovation, the company is well poised to revolutionize the way energy efficiency and comfort are managed in the future.

    75F globally has been conferred with the title of ‘Titans of Technology-2016’ and won the ‘People’s Choice Award’ at CleanTech Open 2014 and Eureka awards 2016. They were the Presenters at the 2014 Google Demo Day. 75F also scored big at the Regional Entrepreneurial competition and the Minnesota Cup in 2014 apart from winning a $100K cash recognition from AOL’s founder Steve Case.

    75F – Future Plans

    75F has been continuously expanding and recently opened an office in Singapore and Chennai and will soon be opening an office in Delhi as well. 75F is also working on expanding and adding to the capabilities and the width of the solution, enhancing the services suite and deploying additional go-to-market .

    75F – FAQs

    What is 75F?

    75F was founded in 2012 by Deepinder Singh. 75F offers smart building solutions for commercial spaces, that not only improves the comfort level of the  building inmates, but also aids conservation of huge amount of energy.

    Who is the founder of 75F?

    Deepinder Singh is the Founder & CEO of 75F.

    How much is the revenue of 75F?

    As per reports the company was aiming to reach Rs 100 Cr in revenue in the fiscal year 2018-2019. However, 75F’s current revenue is not disclosed.