Housing.com partners startup Propdial to boost rental services business

Realty portal Housing.com on Tuesday said it has tied up with Gurugram-based property and rental management technology firm Propdial

Topics
Housing.com | Real Estate  | startups in India

Press Trust of India  |  New Delhi 

Housing.com | Representational image
Housing.com | Representational image

Realty portal on Tuesday said it has tied up with Gurugram-based property and rental management technology firm Propdial to strengthen its rent services business.

The tie-up will help the company to provide property management services such as renting/leasing, tenant background verification, rental agreement and rent collection/bill payment, said in a statement.

The company would also offer support like quarterly property inspection with pictures and regular maintenance needed for the house to keep it running smoothly, without the landlord having to intervene.

"All of this will enable to act as a one-stop shop for its landlord customers, seeking dedicated property managers and related services," the statement said.

While most of the services are available in Delhi, Bengaluru, Gurugram, Mumbai, Hyderabad, Chennai and Pune, plans are underway to offer these services in several other cities.

"This tie-up will be particularly beneficial for our NRI home owner clients, who find it difficult to manage their properties from abroad. With operational assistance from Propdial, we will be able to work as a single point of contact for all their leasing and property management related requirements, said Mani Rangarajan, Group COO, Housing.com, PropTiger.com and Makaan.com.

Vinay Prajapati, co-founder and CEO, Propdial, said home owners are not only looking for a rental management solution but also for a single point of access for end-to-end property management, without any hassle.

"Together with Housing.com, we will be able to address an issue that has long been a pain point for property owners," he added.

Gopal Mishra, co-founder and COO, Propdial, said the property management solution is a large market opportunity in the prop-tech space.

"Being a focused player in this segment, we have earned our customers' confidence and developed capabilities with relentless efforts, in the last four plus years of being in business. Currently, we are serving customers across 15+ Indian cities, having a customer base from 40+ countries and are now well-positioned to scale exponentially with this partnership with Housing.com," he said.

Housing.com is a part of Singapore-based Elara Technologies, which also owns PropTigar.com and Makaan.com.

In October 2020, Australia-based REA Group acquired a controlling stake in Elara Technologies. Corp and its group firm REA are its major shareholders.

REA is a multinational digital advertising business specialising in property. REA Group operates Australia's leading residential and commercial property websites, besides owning leading portals in many Asian countries.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on Housing.com
First Published: Tue, February 09 2021. 16:51 IST
RECOMMENDED FOR YOU