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Indian Proptech Startups: What they all are missing

“No, we don’t allow live-in”

“But your ad says it’s for families”

“Sorry, we meant only married couples”

And, that’s just the tip of the iceberg. Months back while searching for flats, I installed many listing apps and started contacting owners. But after a few calls, we were puzzled what to look for. Are we bachelors? Are we families? Nobody was counting us. On a few occasion, we even told the owners over call that we are family so that they will at least meet us and we can have chance to explain to them how living-in would not be that bad.

And that’s just one of many problems tenants face while renting flats in India.

I am living on rent for 3 years and in due time I have signed up for many apps. Some of them have been beneficial to some extent but there’s still a lot of room for adding value. Most of them serve owners and brokers and offer very little to tenants.

I will discuss my opinion on each app here

Housing.com

 

Pros

  1. Good UI
  2. Feature for paying rent via credit card

Cons

  1. Property status is not updated. Many listings are outdated
  2. Lots of brokers impersonating as owners
  3. No filter for couple-friendly flats
  4. Doesn’t show many insights like amenities available for furnished flats etc

MagicBricks

 

Pros

  1. Feature for Questions/Answers in listings
  2. Can get some good brokers (if that’s what you are looking for)

Cons

  1. App UI is not very good
  2. Lots of brokers impersonating as owners
  3. No filter for couple-friendly flats

99acres

Pros

  1. Has a large database with pictures and data available for societies also
  2. Covers almost all cities
  3. Provides real estate news also
  4. Feature to filter properties for single men

Cons

  1. Lots of brokers impersonating as owners
  2. No filter for live-ins

Nobroker.in

 

Pros

  1. Doesn’t have brokers problems as others

Cons

  1. Relationship managers mostly do not add any value
  2. No filter for couple-friendly flats
  3. Basic filters are not covered in the free plan

Common problems

  1. No filter for live-in couples
  2. Not many listings for bachelors (especially single men) friendly flats (except 99acres)
  3. No option to see the floorplan, virtual tours
  4. No insights on rent paid (except Nobroker)
  5. Brokers pretending to be owners (except Nobroker)

There is a lot of space to be filled in by the latest technologies like AI, blockchain, AR and VR in real estate. Let’s hope to get there sooner than we expect.

Are you living or have lived in a rented flat? Take a moment to fill out this Survey: Rental flats

Footnotes

We at Campizo are trying to solve some of these problems like live-in friendly flats, brokerage free flats etc. We provide better insights into the houses by ratings and reviews by earlier tenants and visitors. 

Currently, we are working in Pune. Do check out our app here and let us know how we can improve it.

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