PropUrban To Expand Across 40 Cities; Boosts Channel Space
Bangalore: Online-to-offline platform PropUrban has announced the launch of its operations in India. With real-time data as its core strength, the company has a strong research and advisory wing to help clients make informed property decisions.
Based out of Bangalore, PropUrban is a technology-driven platform to showcase, search and transact real estate business. It aggregates and showcases properties listed by individuals and institutional sellers to global investors and end-users, thereby making it an ideal platform for industry service providers and vendors.
The core team of PropUrban comprises of experienced professionals across Finance, Banking and Real Estate domains, with over 100 plus years of combined experience. The talent base consists of alumnus from various reputed institutions such as IITs, IIMs and XLRI.
Currently, PropUrban has successfully executed 100 plus channel partnership agreements with grade A and B developers to market their products globally.
It has also established strategic partnership with leading private Banks and NBFC’s to provide Real Estate Advisory to Ultra-High net worth individuals and Home Loan solutions to property buyers across segments.
“Besides addressing the present concerns of the real estate sector, we want to become a single-point transaction-enabler for the sector at the global level. With real-time data, innovation, flexibility, superior value products and enhanced online and offline offerings deeply embedded in our DNA, PropUrban aims to be a one-stop solution for anything that is ‘real estate’,” said founder and CEO PropUrban, Mir Jaffer Ali.
“PropUrban provides services such as Primary Sales, Secondary Sales, Expat Leasing, Joint Developments, Land Services (transactions of large areas of land), Industrial and Warehousing Services and helps clients in securing home loans via its network of channel partners, which includes banks and financial institutions,” he added.
A bootstrapped venture, PropUrban targets to expand across 40 cities globally. The company aims to open 18 offices across 12 countries globally and be actively present across 22 major cities in India by FY 2017-18.
In the overseas market, PropUrban plans to enter Middle East and UK in March 2017, followed by Hong Kong and Singapore in Q2 2017. The organization aims to become one of the most preferred online realty networks by simply following the ‘real’ ethics of business and highest standards.