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How NoBroker’s Saurabh Garg 'squashes' stress on week

If you want to work out the mind and the body alike, there is no better game than squash, says Saurabh Garg, Co-Founder and CBO at NoBroker.com, one of Indiau2019s best-known peer-to-peer real estate portals. The sport that he is so passionate about is no gentle game where a player knocks a ball around, hoping to de-stress and feel good. This high-pressure, high-speed game needs great skill and agility, because you need to retrieve a ball that is coming at you at 100 miles an hour and hit the ball onto the playable surfaces of the four-walled squash court with as much power as you can muster. The game continues between two or four players and it is believed that the player who commands their mental and physical powers in the best way possible, usually wins the game.<br><br>In Bangalore properties are available for Sale in bren starlight. Looking back An alumnus of IIT Mumbai and IIM Ahmedabad, Saurabh began playing squash during his teenage years as there was a squash court nearby. Work, however, took him to many cities where he could not pursue the game so easily. After spending almost three years with the Sales and Marketing team at Hindustan Unilever Limited, he took an entrepreneurial leap with a company called Four Fountains De-Stress Spa.<br>

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How NoBroker’s Saurabh Garg 'squashes' stress on week

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  1. HowNoBroker’sSaurabhGarg'squashes'stressonweek Ifyouwanttoworkoutthemindandthebodyalike,thereisnobettergamethansquash,saysSaurabhGarg,Co-FounderandCBOatNoBroker.com,oneofIndia’sbest-knownpeer-to-peerrealestateportals.Thesportthatheissopassionateaboutisnogentlegamewhereaplayerknocksaballaround,hopingtode-stressandfeelgood.Thishigh-pressure,high-speedgameneedsgreatskillandagility,becauseyouneedtoretrieveaballthatiscomingatyouat100milesanhourandhittheballontotheplayablesurfacesofthefour-walledsquashcourtwithasmuchpowerasyoucanmuster.Thegamecontinuesbetweentwoorfourplayersanditisbelievedthattheplayerwhocommandstheirmentalandphysicalpowersinthebestwaypossible,usuallywinsthegame. InBangalorepropertiesareavailableforSaleinbren starlight.LookingbackAnalumnusofIITMumbaiandIIMAhmedabad,Saurabhbeganplayingsquashduringhisteenageyearsastherewasasquashcourtnearby.Work,however,tookhimtomanycitieswherehecouldnotpursuethegamesoeasily.AfterspendingalmostthreeyearswiththeSalesandMarketingteamatHindustanUnileverLimited,hetookanentrepreneurialleapwithacompanycalledFourFountainsDe-StressSpa.

  2. IndianRealEstatecomesoutofQuarantine:NoBroker AccordingtoarecentsurveyconductedbyNobroker.com,India’sleadingC2Cplatformforrealestateneeds,65%ofconsumersbelievethatitisthebesttimetobuyahomeaspropertypriceshavebeenconstantforfewyears,homeloaninterestratesarelowandmanybuildersareofferinggreatdiscounts.Withmostprofessionalsworkingfromhome,andgreatertimeattheirdisposal,theyhavethemuch-neededtimetodothepreliminaryresearch . Althoughtheoutlookforrealestatelookslesspromisingduetothecurrentpandemic,about 54%ofconsumersareexpectingasignificantdropinthepricesoftheresidentialpropertiesasthemarketcurrentlyhasalotofunsoldinventory.Consumersareoftheviewthatdeveloperswouldwanttogetridofpiledupinventorytoboosttheircashflows. ThepurposeofthesurveywastochecktheimpactofCovid-19onconsumersentiment.Itwasgivenouttopotentialbuyers(whoarecurrentlysearchingforpropertiesonourdatabase)andtenantstounderstandhowtheirprioritieshaveshifted.11,580peoplerespondedtothesurvey.ItwasconductedacrossthecitiesofBangalore,Mumbai,Pune,Hyderabad,ChennaiandDelhiNCR.Ifyou’reinterestedinfindingarentalapartmenttoliveyoucanchoosenirvana countrygurgaonisagoodplacetofindanapartment. Consumer considerations: Budget,safetyandwatersupplystoodoutaskeyconsiderationsforfinalisingaproperty.About36%ofconsumersarelookingtopurchaseahousewithin3months’ timeframeandnearly28%arelookingatatimeframeof3-6months. Consumer preferences: 59%consumershavestatedthatwouldprefertoliveinanapartmentsocietyoveranindependenthouseassocietiesoffermoreamenities.Alsowatersupply,groceries,powerback-upandsafetyarelessofaconcerninasociety.Asmanyas92%arelookingtobuyresidentialproperties.NoBroker’sannualsurveyindicatedasteadyriseofinterestincommercialpropertiesasaninvestmentoption.Butthecurrentcrisishastiltedthechoiceinfavourofresidentialaccommodation.86%consumerspreferready-to-moveinhomesasthereissomeamountofdistrustinunder-constructionprojectsduetouncertaintimelines.Unavailabilityofconstructionworkershasworsenedthesituationinsomescenarios.2BHKsarestillthemostpopularchoiceforabout48%ofconsumers. Improvisation in times of quarantine: Interestingly,manyconsumershavequicklyadaptedtoshortlistingofpropertiesviavideo walkthroughs.45%consumershavecitedthattheprocessislesstime-consuming,economicalandmoreefficient.

  3. Roadblocks: Jobuncertaintyandliquiditycrunchwerecitedasthemajorhindrancesinbuyingahouse.This isalsoprobablywhythereisgreaterdemandforhouseswithinthebudgetofINR60lakhs.Itisalsoprobablywhy79%ofconsumersarelookingtopurchaseapropertywithoutusingbrokerservices. Thecurrentsituationhasallowedsomedoubtstobecreptinbutithasalsobroughtconsumersclosertorealisingtheimportanceofowningahome.AsIndiaunlocksslowly,thelowerinterestratesandgooddealshavecreatedapent-uphousingdemandandmanybuyersbelieveit’sagreatopportunitytobuytheirdreamhome.

  4. K'takaMinisterRAshokasayslandlordscan’ttakerentduringlockdown,sparksrowK'takaMinisterRAshokasayslandlordscan’ttakerentduringlockdown,sparksrow Bengaluru|Mumbai:AseniorministerinKarnatakasparkedacontroversyonMondaybysayinglandlordscannotcollectrentfromtenantsduringthelockdown. RAshoka,revenueministerintheKarnatakagovernment,saidactionwillbeinitiatedagainsthouseownersiftheydemandrentfromtenantsorforcethemtovacatethepropertyduetonon-payment. “Insuchasituation,extremeactioncanbetakenagainstthehouseownersandthey.. AsperonlinerealestateplatformNobroker.com,Bengaluruhas2.9millionhousesonrent,whichincludesapartmentflats,smallgatedsocietiesandstandalonehouses.Accordingtoanestimate,thesepropertiesgenerateaboutRs4,060croreofrentpermonth.InMumbaipropertiesareavailableforrentinlodha fiorenza. “Anychangeinregulationwillimpactthismassiveamountofrentalamountthecitypaysandreceives,” saidAmitAgarwal,CEOatNoBroker.com. ThoughtheKarnatakaRentContro..

  5. MumbaiRealEstate:Only11%preferbrokerservicewhilepurchasinghouse;revealsreportMumbaiRealEstate:Only11%preferbrokerservicewhilepurchasinghouse;revealsreport Mumbai:No-broker.comoneofthelargestandleading‘peer-to-peer’ realestateportal,initsreporttitled‘IndiaRealEstateReport2019,'hasrevealedthatonly11percentofconsumersarewillingtopurchaseapropertythroughamiddleman.Thisrisingtrendoftheonlineportalhasincreasedbecauseitgivesconsumersgreatercontroltosearchforhomesinsteadofdependingonbrokers. Thereportfurthermentionedthatwithaninventoryofpropertiesbeingavailableandtheoptionofcontactingtheownersdirectly,buyingahousethroughabrokerhasseenadeclineof11percentagainst14percentin2018.Moreover,thereportrevealedthat35percentpeopleprefertofindahousethroughfriendsandrelatives,28percentviarealestatewebsites(uptakefrom15percentin2018)and26percentviaTo-Letboards. Interestingly,thishasledtoasavingofRs1,154croreinbrokeragein2019acrossMumbai,Bangalore,Pune,ChennaiandHyderabad. Mumbai:No-broker.comoneofthelargestandleading‘peer-to-peer’ realestateportal,initsreporttitled‘IndiaRealEstateReport2019,'hasrevealedthatonly11percentofconsumersarewillingtopurchaseapropertythroughamiddleman.Thisrisingtrendoftheonlineportalhasincreasedbecauseitgivesconsumersgreatercontroltosearchforhomesinsteadofdependingonbrokers. Thereportfurthermentionedthatwithaninventoryofpropertiesbeingavailableandtheoptionofcontactingtheownersdirectly,buyingahousethroughabrokerhasseenadeclineof11percentagainst14percentin2018.Moreover,thereportrevealedthat35percentpeopleprefertofindahousethroughfriendsandrelatives,28percentviarealestatewebsites(uptakefrom15percentin2018)and26percentviaTo-Letboards. Interestingly,thishasledtoasavingofRs1,154croreinbrokeragein2019acrossMumbai,Bangalore,Pune,ChennaiandHyderabad. SaurabhGarg,co-founderandchiefbusinessofficer,Nobroker.com,speakingtotheFreePressJournalcommented,"Itisapositivemove.Also,thepricesofpropertiesarestagnantforthelastfewyearsandtheinterestratesonhomeloansarelownow,whicharethedrivingfactorsforhomebuyingtrendsinthemarketin2020.Also,alargepercentageofpeopleareinterestedtobuyareadytomoveinproperty.Eventually,whenahomebuyermakesadecision,theyreachtheonlinemediafortheirsearch.Anonlinerealestateportalgivesalotofoptionsandthebuyercanfiltertheirrequirementaccordingly." In Bangalore properties are available for rent in salarpuria sattva east crest.

  6. Explainingthishestatedthat,forinstance,ifabuyerwishestobuyapropertyinBandra,hecanjustfilterthedesiredlocation,selectthepricerangeandhewillseearangeofproperties,whichmightnotbethecasewhenhephysicallyhuntsforaproperty.Also,thebrokerwouldonlyprefertoshowthosepropertiesinwhichhemighthaveaprofitshare.Insuchcases,thehomebuyerwillhaveselectivehousestochoosefrom.Thiswillbepreventedwhilelookingforapropertyonline.Explainingthishestatedthat,forinstance,ifabuyerwishestobuyapropertyinBandra,hecanjustfilterthedesiredlocation,selectthepricerangeandhewillseearangeofproperties,whichmightnotbethecasewhenhephysicallyhuntsforaproperty.Also,thebrokerwouldonlyprefertoshowthosepropertiesinwhichhemighthaveaprofitshare.Insuchcases,thehomebuyerwillhaveselectivehousestochoosefrom.Thiswillbepreventedwhilelookingforapropertyonline. Besidesthis,thereporthasalsofoundthatgoodwatersupplyandproximitytopublictransportarethemostimportantfactorswhilebuyingahouse.About83percentofpeopleconsideredwaterasthemostimportantneedandabout59percentofpeoplerepliedthatpublictransportisamajorfactorwhilebuyingahouse.Similarly,58percentofpeoplehavecitedtheavailabilityofcarparkingasoneofthekeyfactorswhenlookingforaccommodation.

  7. NoBrokeracquiresSocietyConnectinanall-cashseal NoBroker, the customer-to-customer real estate portal, has acquired Society Connect in an all - cash deal. With the acquisition, NoBroker aims to further strengthen its hold in the visitor and community management space where it already has a strong presence with its app NoBrokerHood. The announcement comes two months after NoBroker launched its services in Delhi -NCR. Society Connect, a technology mapped platform for society management, is a leader in Delhi- NCR and adjoining regions with over 500 societies that are using its platform to facilitate easy living. NoBroker intends to hire all of Society Connect’s employees to combine efficiencies of their ERP system along with Nobroker’s own visitor and community management app, NoBrokerHood. NoBrokerHood was launched in 2019 and is deployed by 1000 societies across Bangalore, Mumbai, Pune, Hyderabad, Chennai, and Delhi-NCR. Speaking on the acquisition, Akhil Gupta, Co-Founder and Chief Technology Officer of NoBroker.com, said, “Our focus has been to provide end-to-end solution for all aspects of community management and simplify apartment living. Society Connect’s accounting and payment solutions are unparalleled and will strengthen NoBrokerHood’s suite of services. NoBrokerHood will become a single software for a host of services such as accounting, facility management, security, maintenance requests, communication and visitor management requests that enhance society living experience.” Amit Agarwal, Co-Founder and CEO of Nobroker.com, said, “We are happy to have a brilliant team and product on board and hope that this move would combine the capabilities of two players that are working towards making apartment living a hassle-free experience. The specialised solutions built by Society Connect would help achieve greater transparency and faster

  8. redressal for the residents. This acquisition falls in line with our endeavour to be the one -stop shop for all home-related consumer needs.” Society Connect is currently deployed with realty players such as DLF, Unitech, Omaxe Group, Ashiana Group, Supertech Group, Nirvana Country, Tatvam Villas, Exotica Group, Ireo Grand Arch, ATS, Bestech, Vatika Greens, Belmonte, and many more. It generates maintenance bills upwards of Rs 350 crore per annum. “We are happy and honoured to synergise our services with a leader like NoBroker.com that has won consumer trust with their unique value proposition of zero brokerage,” said Shobhna Arora, Co-Founder of Society Connect, commenting upon the association. In Hyderabad properties are available for sale in raj apushpa eterna Sourav Mukerjee, Co-Founder of Society Connect, said, “We look forward to bring our financial competence to NoBrokerHood to digitally transform and streamline activities for a smooth user experience.”

  9. NoBrokerexpandstoDelhiNCR;aimstobepresentin20majorcitiesovernextfouryearsNoBrokerexpandstoDelhiNCR;aimstobepresentin20majorcitiesovernextfouryears NEWDELHI:NoBroker.com,abrokeragefreepropertyplatform,onWednesdayannounceditsentryintotheDelhi-NCRmarketandaimstohavepresencein20majorcitiesoverthenextthree-fouryears. InOctober,theBengaluru-basedfirmraised$50millioninSeriesDfunding,ledbyTigerGlobalManagement,forbusinessexpansion.Ithasraised$121millionsinceitsinceptionin2014. NoBroker.comhelpsinbuying/sellingandrentingofhousingandcommercialpropertiesbyconnect..Ifyouarelookingforbestplacetolivewithyourfamilyyoucanchooserooms forrent in gurgaon SinceitslaunchinNewDelhi,NoBroker.comhasalreadygarnered62,000consumerregistrationsandover27,000listingsontheplatform.Ithas,thusfar,facilitatedover1100dealsintheregion. Onoperationalfront,co-founderAmitKumarAgarwalsaidthecompanyisfacilitating20,000transactionspermonth,ofwhich85percentareforrental.Askedaboutrevenuemodel,Agarwalexplainedthatthecompanyearnsmoneybychargingforpremiumservicewhichisprovidingaphonerelatio..

  10. NoBrokerLaunchesANewFeatureToEnableBrokerageFreeBuying&SellingOfPropertiesNoBrokerLaunchesANewFeatureToEnableBrokerageFreeBuying&SellingOfProperties Inordertosourceonlygenuinepropertiesforitslisting,NoBrokeralsoofferstitleverificationatanominalcost.Thismeans– itwillgetanEC(encumbrancecertificate)forthepropertysothatthebuyerisrestassuredaboutthegenuinenessoftheproperty. “Wehavealreadyestablishedourpositionastheonlyportaltoassistourcustomersinhassle-freetransactionsintherentalspacewithouttheinterventionofbrokers.Wenowwanttoextendtheservicesintheresalemarket,wherethereisahugedemand,” AmitKumarAgarwal,CEOandCofounder,NoBrokertoldInc42. “Currently,thetotalbrokeragemarketintherentalandresalespacesisashugeas$6billioninIndia.Withthelaunchofbrokeragefreebuy/sellforthefirsttimeinIndia,wearesettofurtherdisruptandredefiningtherealestatesector,” headded.. If you are looking for affordable rental flats to live you can choose tvh ouranya bayin chennai NoBrokerwasfoundedbyAmitAgarwalandAkhilGupta.Itwasconceptualizedinlate2013andthewebsitewaslaunchedinMarch2014.ItwasangelfundedbySaurabhGarg(co-founderofFourFountainsDe-stressSpa),whoalsoactsasamentor.Earlythisyear.

  11. NoBrokerlaunchesgrocerystorein4citiestosupplydailyessentials Onlinereal-estaterentalstartupNoBrokerlaunchedgroceryservicesonitsintegratedvisitorandcommunitymanagementappNoBrokerHoodtoenablesocietyresidentstoordergroceriesanddailyessentialsontheappandhavethemdeliveredatdoorstep. Itisacommunity-levelinitiativeandtheservicewouldprovidelast-miledeliverytosocietyresidentsasmostkiranastoresarenotdoingdoortodoordeliveriesduetolackofdeliveryfleet.Onesingleconsignmentfortheentireapartmentoptimizesdeliveries. AkhilGupta,Co-founderandChiefTechnologyOfficerofNoBroker.comsaid,“Asthecountryisfightingthespreadofthepandemic,wearegladtoofferaservicethatwouldbeofutmostusetoourcustomersinthecurrentcrisis.Weendeavortoensurethatourconsumersdonothavetostruggleforessentialssuchasgroceriesandvegetables.” “ThroughanonlineclickonNoBrokerHoodapp,theycanavaildailynecessitiesfromthecomfortoftheirhomes.NoBrokerHoodwaslaunchedwiththeaimtomakesocietylivingahassle-freeandcomfortableexperience.Wehaveinnovatedthissolutioninrecordtimeandhopetosolveakeyproblemthatmostresidentsarefacingduetolockdown,” headded.InBangalorepropertiesareavailableforrentinpurvaskywood “ThestorewaslaunchedinonedayandNoBroker’stechteammanagedtobuilditovernight”,hefurthermentioned.TheservicehassofarbeenlaunchedinBangalore,Pune,ChennaiandHyderabadandwillsoonbeavailableinDelhi-NCRandMumbaiaswell.

  12. NoBroker Launches Touchless Entry with face recognition for ensuring protection from Covid 19 in housing societies We would have seen countless sci-fi and James Bond movies with facial recognition technology as it is considered to be cutting-edge, safest, and fool proof in security systems. NoBrokerHood, the leading visitor and society management app by NoBroker.com brings the reel life experience to real life with its latest launch, Touchless Entry with facial recognition technology. Touchless Entry is designed to enhance the safety, security, and convenience of residents in building societies. The company has used the latest technology and adapted it to give the users a truly fool proof, intuitive, and no - contact experience using the NoBrokerHood app. The tech-driven company continues its focus on bringing the technology of the future to your home. Touchless Entry starts with a Face Capture and your ‘Daily Help’ or servicemen will be added to the app. Here, 3 scans are taken of the person ’s face – Left, Right and Centre to ensure high accuracy. This is a one -time process that takes less than 30 seconds. Once the individual is added, every time they enter after that they will just have to face the guard’s mobile phone camera for a millisecond. Touchless Entry is fool proof and can process 5 faces in less than a second! Once the scan is done and matches with the records the entry is automatically approved. This is much more secure and faster process than any other technology available till now. If you are looking for affordable place to live you can choose ma h a v e e r p r o me n a d ein bangalore. All the information including face scans are 100% safe and secure. The feature is centred around user’s security. It is not a third-party application which means, it ’s completely made in India, by NoBroker. The face scanning and processing happens on the guard app in the device itself. Very minimal information is transferred and exchanged to the backend. The information saved is an encrypted representation of a face, and NOT an image of a face. There is no way to recreate a face using this high-level encrypted information. Akhil Gupta, Cofounder and CTO of NoBroker said, “We noticed that the entries and attendance done for domestic help, and service staff, was done through two me thods – Passcodes and Fingerprint scans (biometric). When you use the passcode method to monitor entry, there is a possibility that others can gain entry by proxy. They could use someone else’s passcode and enter your building society. To fix this issue, f ingerprint scanning was introduced. This method is fool -proof and eliminates the possibility of proxy entries. But, when COVID-19 is causing chaos, we wanted to find a way to eliminate touch, without diminishing security. This technology meant to revolutio nise the home security system was built completely inhouse.” Societies that are already using NoBrokerHood can request a trial of this feature today! The company is rolling it out to a few select societies for free for a limited period.

  13. NoBrokerpartnerswithHDFC'spaymentapptooffercashbackonrentpaymentamidCOVID-19crisis.NoBrokerpartnerswithHDFC'spaymentapptooffercashbackonrentpaymentamidCOVID-19crisis. NoBroker, country’s brokerage-free real estate portal, has partnered with HDFC’s payment app PayZapp to offer rewards on rent payment. The offer is valid on paying rent via NoBroker’s rent payment feature, NoBroker Pay, the company said in a statement. With this partnership, tenants can earn reward points on their credit cards along with cash back of up to Rs 500. Customers can earn up to Rs 30,000 through reward points annually. Commenting upon the partnership, Akhil Gupta, co-founder and chief technical officer of NoBroker said, "We are working to come up with solutions that would benefit our consumers in these times when many people are suffering liquidity crunch. Our team is consistently working to minimise the impact of the current crisis on our patrons." NoBroker Pay was launched in December 2018 to allow payment of rent via credit cards. At the same time, it allows consumers to earn reward points on their credit cards. Customers can even pay through UPI and wallets via this feature. If you are looking for Luxurious and modern flats you can choose marathon nexzonein panvel (Mumbai). "The platform has already noticed a spike in the number of tenants using credit cards to pay their monthly rent as it allows them a buffer period of up to 45 days. By facilitating rent payment through credit cards and offering cash back, customers get an added bonanza that would remove some financial stress," the company said.

  14. Nobrokerplanstoexpandcommercialoperationsin50cities Ridinghighonrisingdemandforcommercial,officeandretailspacesespeciallyfromsmallcompanies,propertyportalNobroker.comhasenteredthesegmentandexpectedthistocontribute30percentofrevenueinafewyears,atopcompanyofficialhassaid. ThecompanywhichisoperationalinMumbai,Bengaluru,Pune,Chennai,andGurugram,isalsoplanningtoexpanditspresencetothetop50citiesinthenextfewyears. "Thereareover42.5millionsmallandmediumenterprises,whicharethebiggestconsumersofsmallcommercialpropertiesinthecountry.Thereisalsoahugeinvestmentpotentialinthe commercialrealestatemarketthatoffersarentalyieldof7-12percent,whichiswayhigherthanaresidentialrealestate. "Ourentryisinlinewiththerisingdemandforcommercialofficeandretailspaces,especially withthefallinrupeeandtherisinginterestfromNRIs,"founderandchiefexecutiveAmitAgarwaltoldPTI. Inthenewbusiness,thecompanyistargetingsmallcommercialunits,officesandretailspacesinthe100-5,000sqftrange.IfyouarelookingforGoodAmenitiesandfacilitiesyoucanchoosekanakia sevensinmumbai. "OurtypicaltenantsareownersofSMEslookingtotakeonrentthesepremisesforshopsoroffices.Theothercustomersarethoselookingtoentercommercialspaceforbetterrentalyield.WehavealsoseenalotofdemandfromNRIsthankstotherupeeplungeandbetteryields,"Agarwalsaid. Asperestimates,currently,thetop25citiesgenerateannualbrokerageworthRs14,000croreinthecommercialrental,whichisgrowingat13percentannually. Ridinghighonrisingdemandforcommercial,officeandretailspacesespeciallyfromsmallcompanies,propertyportalNobroker.comhasenteredthesegmentandexpectedthistocontribute30percentofrevenueinafewyears,atopcompanyofficialhassaid. ThecompanywhichisoperationalinMumbai,Bengaluru,Pune,Chennai,andGurugram,isalsoplanningtoexpanditspresencetothetop50citiesinthenextfewyears. "Thereareover42.5millionsmallandmediumenterprises,whicharethebiggestconsumersofsmallcommercialpropertiesinthecountry.Thereisalsoahugeinvestmentpotentialinthecommercialrealestatemarketthatoffersarentalyieldof7-12percent,whichiswayhigherthanaresidentialrealestate. "Ourentryisinlinewiththerisingdemandforcommercialofficeandretailspaces,especiallywiththefallinrupeeandtherisinginterestfromNRIs,"founderandchiefexecutiveAmitAgarwaltoldPTI. Inthenewbusiness,thecompanyistargetingsmallcommercialunits,officesandretailspacesinthe100-5,000sqftrange. "OurtypicaltenantsareownersofSMEslookingtotakeonrentthesepremisesforshopsor offices.Theothercustomersarethoselookingtoentercommercialspaceforbetterrentalyield.WehavealsoseenalotofdemandfromNRIsthankstotherupeeplungeandbetteryields,"Agarwalsaid. Asperestimates,currently,thetop25citiesgenerateannualbrokerageworthRs14,000croreinthecommercialrental,whichisgrowingat13percentannually.

  15. ThebrokeragefromcommercialmarketsalesisaroundRs7,000crore. "Werealisedthataftersuccessfullyestablishingourselvesasakeyplayerintheresidentialrealestate,wearereadytotakethenextnaturalstep.WeunderstandthepulseofthemarketandaimtodisruptthisannualbrokerageofRs21,000crorewiththisrecentexpansionintothecommercialrealestatesector,"headded. Whenaskedhowmuchrevenuethecompanyisexpectingfromthecommercialsegment,hesaid,"almostalltherevenuecomesfromtheresidentialsegmentnow.Inthelongrun,therevenuemixwouldbe70:30,whereresidentialwouldbe70percentandcommercialwouldbe30percent."

  16. BE Exclusive:Nobroker.combrings newad campaign, eyes expansionin20 cities C2CrealestateportalNobroker.comhasreleasedanad campaignthatwillrunacrossTV,outdoor,radio,digitalandcinema.Saurabh Garg,co-founderandchiefbusinessofficer,Nobroker.comtoldETBEthatthebrandhasspentRs5croreonit.Thebrandislookingatmultiplechannelsacross4citiesofMumbai,Chennai,BangaloreandPune.“Asthisiselectiontime,newsisgoingtobehighlyconsumablecontentandweareplacingtheadonmostnewschannelsandinregionallanguagesaswell,” Gargsaid. ThecompanyclaimstoclosedealsworthRs9,800cr/annumsavingRs1,000croreannuallyinbrokerageforconsumersandhasrecentlycrossedthemilestoneof5millionhappycustomersacrossBangalore,Pune,Mumbai,ChennaiandGurgaon.“Wearein5citiesnowandwithinthenextfewyearsweshouldbepresentinthetop20citiesinIndia,” herevealed.Ifyouarelookingforaffordableflatsyoucanchoosekengeri satellite towninbangalore. Theideabehindthecampaignistoengagewiththeownerswhoareusually40+andtheirviewershiponnewsandregionalGECsisextremelyhigh.“AlmostRs50,000croreispaidinIndiaeveryyearandthisisonlyinresidentialrental.Therolethatthebrokerpaysisjustcollectmoneyfrombothparties.Thesumofmoneythatanyoneisexpectedtogiveasbrokerageistotallynotworththeserviceandthat’swherethepainpointbegan,” Gargremarked. Moreover,thebrandwillalsobeputtinguphoardingsacross5cities.Speakingaboutitsbusinessmodel,GargpointedoutthatNobroker.comoperatesasa“freemium” modelwhereinownersandsellerscanlisttheirpropertyforfreeontheplatformandgetanynumberofcallsfrominterestedtenants.“However,asatenantyoucancontact9ownerscompletelyfreeofcostandasabuyeryoucanreachoutto25sellersfreeofcost.ButifyouneedtocontactmoreownersormoresellersthenyoucanpayasmallfeeofRs999-andcontactthe25people.Weclosearound15,000+transactionsontheplatform,” heshared. ConceptualisedbyRalph&Das,thecreativeofthecampaignisbasedonthepremiseoftheabsurdityofshellingoutwhoppingamountsofbrokerage.“WeneededtohighlighttheabsurdityofpayingbrokerageandalsotouchupontheemotionalaspectandtelltheownerthatitisextremelysimpletofindatenantthroughNoBroker.com,” Gargexplained. Lastly,thebrandwillbeleveraging15secondvideosthatusereallifeinstancestoshowhowabsurditistopaybrokerageandamplifyitviadigitalandsocialmediachannels.

  17. NoBroker.comlaunchesnewmulticitycampaign NoBroker.com,theleadingpeer-to-peerrealestateplatformhasrecentlylaunchedamulticitycampaignthatunderlinestheabsurdityofpayingbrokerageforresidentialrealestate.ConceptualisedandcreatedbyRalph&Das,theTVCspeakstohome-ownerswhohavebeenpayingalmostamonth’srentasbrokerage,reportedlyforverylittlevalueadditionbybrokers.IturgesthemtolisttheirpropertiesonNoBroker.comwheretheycanrentitoutforfree. AsmuchasINR80,000croreisreportedlyspentasresidentialrealestatebrokerageinIndiaeveryyear.ThecampaignhighlightshowNoBroker.comenablesbettermatchmakingdirectlybetweenprospectivetenants/buyersandhomeownerstodrivesignificantsavingsintermoftime,money,andeffort.IfyouarelookingforBetterAmenitiesandGoodfacilitiesyoucanchoosenr windgatesinBanglore Launchedacross4thecities-Mumbai,Pune,Bengaluru,andChennai,theadcampaigntargetshomeownersandlandlordswhoconsumemoreTVthanonlinemedia.Consideringthisiselectiontimeandconsumptionofnewschannelsisatanall-timehigh,thecampaignwillbeairedacrossEnglishaswellasregionalnewschannelsalongwithGECs.ItwouldbeamplifiedthroughadiversemixofmediasuchasTV,radio,digital,OOH,andcinema. Commentingonthelatestcampaign,SaurabhGarg,Co-FounderandCBOofNobroker.comsaid,"TheconceptandamountofbrokeragechargedforservicesinrealestateinIndiaisquiteabsurd.Also,ownersareveryemotionalabouttheirhouse.Throughthisad,weaimtoreinstatethefactthatthesumofmoneythatanyoneisexpectedtogiveasbrokerageistotallynotworththeservice.Oncetheinformationasymmetryinrealestateissolvedthereisverylittlevaluethatabrokeraddstothehouse-hunting/rentingprocess.Ourcommercialspeakstoownerstoquestionthejustificationforthisamount.Wearetargetingownerswhoarefinanciallysmartandunderstandthelogicofwhypayingbrokerageisabsurd."

  18. NoBroker.comlaunchesservicesinHyderabad Hyderabad:Bengaluru-basedNoBroker.com,whichoffersbrokerage-freerealestateandrelatedservices,onWednesdaylauncheditsservicesinthecity.ThestartupwhichcurrentlyoperatesinMumbai,Bengaluru,Pune,Chennai,andGurgaon,listsresidentialaswellascommercialpropertiesforrent/buy/sellandattractscustomersduetoitsuniquebrokerage-freeproposition.IfyouarefindingforaPoshareaandluxuriousAreatolivewithyourFamilyyoucanchooseorchid whitefieldinBangalore. ItsforayintoHyderabadcomesonthebackoftherecentSeriesCfundingledbyGeneralAtlanticandunderscoresitscommitmenttoleveragecutting-edgetechnologytotransformtherealestatespaceinIndia.Over33,000peoplearealreadyusingitsservicesinHyderabad.Sofar,theplatformattracted15,000listingsfromthecity. "AsanestablishedIThub,Hyderabadhasseenexponentialsurgeinthenumberofyoungprofessionalscomingintothecityandlookingforaccommodation.Alargepercentageofthesenew-ageconsumersdonotappreciatetheage-oldwaysoffindingahomethroughpropertybrokersandhavepreferenceforhassle-free,moreindependentmethodsofhousehunting.Weprovidesuchhassle-freeservices," SaurabhGarg,CBOandco-founderofNoBroker.com,toldthemediahere.AkhilGupta,thecompany'sCTOandco-founder,said:"Sinceitslaunchin2014,NoBroker.comhasspearheadedthetransformationoftheIndianresidentialandcommercialrealestatespaceswithitsnovelC2Capproach,leveraginginnovative

  19. technologiesandAI-assistedtoolstoeliminatebrokers".

  20. NoBroker.comlaunchestheNoBrokerHOODappwithaviewofmaking1lakhhousingsocietiestech-enabledby2020NoBroker.comlaunchestheNoBrokerHOODappwithaviewofmaking1lakhhousingsocietiestech-enabledby2020 Theconstantmovementofservicestaff(maids,drivers,courierservices,deliverypersonnel,etc.)andguestsmakesecuritymanagementahassle.Whilemostapartmentbuildingsandresidentialcomplexesdohavesecuritymeasuresinplace,theyareeitheroutmodedorrelyheavilyonmanualregistration.Largesocietiesrenderhumanstaffinadequatefordaytodaytasks.Further,suchinadequatemanagementofvisitorentryalsoleadstoday-to-daychallengesforresidents,suchasunauthorizedvisitorentries/vehicleparkingandmaintainingservicestaffattendance.Moreover,residentsarerequiredtorespondtocallsfromtheGatetoauthorizeentrywhichmightbetroublesomeanddifficultifpeopleareinmeetings. Itisthisneed-gapthattheNoBrokerHOODappisaddressingthroughitsuniquetech-ledapproach.Theplatformoffersaplethoraofservicesandfeatureswhichenableuserstomanagemultipleactivitiesinsideresidentialbuildings,housingsocieties,andgatedcommunities,rangingfromfindingdomestichelptomonitoringvisitorentryandpre-authorisingguestvisitswithanOTP.Italsofurtherstrengthensthesafetyaspectbykeepingvisualanddigitalrecordsofallentriesandexits– accessibleanytimeandanywhere– andautomatesstaffentrythroughbiometricprocesses. Theappisverysimpletouseandcomeswithevenmoresimplifiedfeaturesforseniorcitizenswhoarenotverytechsavvy.Theresidentcanpre-authoriseavisitorthroughjustanOTP.Orwheneveravisitorarrivesatthegate,thedutyguardenterstheirdetailsintotheappandnotifiestherelevantresident.Residentsreceiveavisitornotificationontheirregistereddevicesandcaneitherapproveorrejecttherequest.Thedutyguardreceivestheresident’sresponseandaccordinglyallowsordeniesentrytothevisitor.UserscanalsogiveinstructionstothesecuritystaffthroughanIVRcallingsystem. Speakingonthelatestinnovation,AkhilGupta,ChiefTechnologyOfficeratNoBroker.com,said,“TechnologyisatthecoreofeverythingthatNoBroker.comdoes.ThesmartIndiantodayvaluesthequalityoflifeandprefersthingshassle-free.Divingdeeperintotheresidentialrealestatemarket,werealizedtheneedforasolutionwhichcouldmakeourstaysaferandconvenient. Technologyhasthecapabilitytoaddconvenienceandcomfortandcutdowndependencyonhumanswhichisthecorepremiseofourcompany.” TheNoBrokerHOODappcanbroadcastalertsandnotificationstotheentiresocietyandallowsresidentstostayconnectedwitheachotherthroughaBuildingSocietyResidents’ Directory.Italsohelpsuserschooseservicestaffsuchaselectricians,cooks,maids,plumbersetc.basedonreviewsfromthesociety’sownyellowpages,aswellasconductAadhaar-basedverificationofallservicestaffcateringtotheresidents.Itcanadditionallyensuredigitalandrecordedauthorizationfortheentryofallhandymenanddeliveryboystoensurebettersafetyandpreventtheft.NoBroker.comalsoprovidesextensiveafter-salesservicefortheNoBrokerHOODapp,givingsolutionstousers,evenpost-purchase.IfyouarelookingforPoshAreatoliveyoucanchooseomkar alta monteinMumbai.WiththeurbanpopulationinIndiaexpectedtocross600millionby2030,thelarge-scalepopulationinfluxfromtier-2/3citiesandsemi-urbangeographieshaveputalotofstrainontheavailablerealestateinmajormetropolitancenters. Managingthisburgeoninghousingdemandhasledtoarapidmushroomingofhousingsocieties

  21. andhigh-riseapartmentcomplexes.Thesecurityinmostsuchsocieties,however,isusuallyoutsourcedtothird-partyserviceproviderswhoarestillusingantiquatedsecurityapproaches.ThelaunchoftheNoBrokerHOODappis,therefore,beinghailedasamuch-neededandrevolutionarytechinterventionintheurbanresidentialsocietyspace.Byenablingextensive,end-to-endprovisionoffeaturesandsupport,theNoBrokerHOODappcansignificantlystreamline,optimize,andmanagesecurityoperations,thusimprovingthequalityoflifeforIndiansthroughtechnology.andhigh-riseapartmentcomplexes.Thesecurityinmostsuchsocieties,however,isusuallyoutsourcedtothird-partyserviceproviderswhoarestillusingantiquatedsecurityapproaches.ThelaunchoftheNoBrokerHOODappis,therefore,beinghailedasamuch-neededandrevolutionarytechinterventionintheurbanresidentialsocietyspace.Byenablingextensive,end-to-endprovisionoffeaturesandsupport,theNoBrokerHOODappcansignificantlystreamline,optimize,andmanagesecurityoperations,thusimprovingthequalityoflifeforIndiansthroughtechnology.

  22. NoBroker.comoffers real estate servicesfree of cost in Hyderabad NoBroker.com, a customer-to-customer real estate portal, is offering brokerage-free real estate services in Hyderabad. The platform lists residential as well as commercial properties for rent/buy/sell. If you are looking for good flat to live you can choose gm infinitesociety in bangalore. “A large percentage of the new-age consumers do not appreciate the age-old ways of finding a home through property brokers and have preference for hassle-free, more independent methods of house hunting,’’ Saurabh Garg, CBO and Co-Founder of NoBroker.com told newspersons here on Wednesday. The `success’ of NoBroker’s brokerage-free transactions in the cities of Bengaluru, Mumbai, Pune, Chennai and Gurgaon is driving the firm on expansion path, he said. NoBroker.com has also launched the NoBrokerHOOD app, a tech-enabled security management system to simplify visitor management within residential buildings, housing societies, and gated communities.

  23. NoBroker.comraises$10MseriesBfunding,planstoexpandto20cities Bengaluru-basedbrokerage-freepropertysearchportalNoBroker.comhasraised$10millionfundingledbySingaporebasedventurecapitalfirmBEENEXTandDigitalGaragealongwithotherinvestorsnamelyBEENOS,QualgroandMamoruTaniyaofAsukaholdings.ExistinginvestorSAIFPartnershasalsoparticipatedinthisround.Thecompanyhadraised$3millioninFebruary2015fromSAIFPartnersandFulcrumVenturesinSeriesAfund.Amit&AkhilwithSaurabhGarg(Mentor&AngelInvestor-NoBrokerThisnewroundoffundingwillbeutilizedin:hiringpeopleinproductandtechnologymarketingactivities,andexpandingto20citiesinIndiainthenexttwoyears.Currently,thestartuphas150employees.Foundedin2013byIIT-BombayalumnusAkhilGuptaandIIT-KanpurandIIM-AhmedabadalumnusAmitKumarAgarwal. IfyouarelookingforGoodAmenitiesandfacilitiesyoucanchoosesobha chrysanthemuminbangalore.NoBroker.comisanonlinerealestatefirmofferingbrokerage-freebuyorsellofproperties.It'saP2Prentalmarketplaceandclaimstohavemorethan650,000customerstoday.Thecompanyhasthreerevenuemodels:

  24. NOBROKER.COM ROLLS OUT ALL-INCLUSIVE PROPERTY MANAGEMENT SERVICES Bengaluru-based real-estate platform, NoBroker.com, has reportedly announced the launch of its all- inclusive property management services. The platform promotes rental guarantee to NRI property owners and to those customers who have their properties located in other cities. According to Amit Agarwal, the Co-founder and CEO of NoBroker.com, persistent demand from the company’s NRI customers as well as from those having their houses in other cities for managing various services including house inspection, repair and maintenance, painting, rent agreement, searching new tenants when the previous tenants leave, and organizing home visits for prospective tenants has pushed the roll out of this rental guarantee service six months ago. Sources state that, during the lockdown, NoBroker planned to retain its employees and add 30 more to its workforce unlike other start-ups that adopted salary cuts and worker layoffs. The company took this decision for supporting the growth of its existing and new sources of revenue. Reliable sources state that, through the lately launched service, NoBroker has taken on the financial risk of making sure that the property owners receive rent on time, each month, even when the existing tenant leaves and the house becomes vacant for a month or two before the arrival of the new tenant. NoBroker gives this facility to property owners charging a fee of 8 per cent of the monthly rent. According to Agarwal, the company manages around 1,000 houses including both, apartments and independent houses, across Bengaluru, Chennai, Mumbai, Hyderabad, Pune, Delhi, and NCR. He has also stated that nearly 40 per cent of the customers availing this service are.NRIs residing in the US and the Middle East, and the remaining are those having houses in other cities. If you are finding a PG house for place to live in pune than there you can choose PG in Pune. NoBroker’s rental guarantee service has gained many customers as travel is becoming a huge restraint during these trying times. The company envisions to manage 1 lakh houses in the upcoming few years, added Agarwal.

  25. NoBroker.com’sfirstTVCeliminatesbrokersfromproperty supplychain With an aim to give a strong push to increase its operational scale and market penetration, real estate portal NoBroker.com has launched of its first-ever TVC. The 20-second ad highlights the real estate portal’s differentiated brand proposition of leveraging cutting-edge technology to eliminate brokers and middlemen from the property supply chain, and make it extremely easy and hassle-free for home owners to put their properties up for rent/sale. The TVC targets home owners, a large percentage of whom are not very active online. That ’s why TV has been chosen as a medium, especially using the vernacular channels in the cities they operate in, to reach these home owners effectively and at a low cost. The video starts with a property owner talking about the hassles of enlisting a property with a traditional broker before going on to explain how NoBroker.com can address these challenges and make property discovery extremely convenient and hassle-free. The video was conceptualised and created by Circus Elephants, a 360 -degree digital content agency specialising in creative content development and social media. Actor Shishir Sharma has been chosen to build credibility and trust for the owners who can relate more to a familiar face. The TVC will be launched in Mumbai, Pune, Bengaluru and Chennai. It will be delivered through regional news, movies and general entertainment channels to its target audiences. If you are looking for affordable place to live alone you can choose PG in bangalore Saurabh Garg, Co-founder, NoBroker.com, said, “The main concern of any home owner, anywhere in the world, is the discoverability of their property in the fastest time possible with

  26. the least inconvenience. This is why home owners tie up with property brokers – to improve discoverability, to enable swift discovery and to minimise hassles. But given the broken traditional property discovery chain, they end up inconvenienced anyway, despite paying brokerage at premium rates. This is the market gap that NoBroker.com is addressing through its proprietary technology and tech-driven approach. With this TVC, we are highlighting our novel proposition to raise brand awareness across multiple geographies and to get more home owners to choose NoBroker.com for renting out their homes faster and without paying any brokerage.” Siva Prasad, Director, Marketing, NoBroker.com, added, “What NoBroker.com is doing is extremely disruptive and straightforward at the same time. By leveraging technology to remove the middlemen from the discovery process, the platform is connecting home seekers with property owners more seamlessly and efficiently. It is this simplicity and efficiency that we wanted to communicate through the TVC. We are confident that the target audiences will gain a better understanding of the superlative benefits NoBroker.com enables through the TV ad campaign.” Durgesh Tanna, Creative Director, Circus Elephants, said, “The services that Nobroker.com offers are simple yet revolutionary. And this being the first set of television communication for the brand, it was critical for the Circus Elephants (CE) Team to get it right. The messaging too had to be crisp yet clear. Thankfully, the insights shared by our client helped us along the way, in coming up with a film that conveyed the core proposition with a definite takeaway, and that too within time constraints. It has been a great experience working with NoBroker.com and Team CE is already geared up for the next challenge.”

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