Homes247.in - On the Journey to Be India’s Favourite Property Portal

Muskaan Kapoor Muskaan Kapoor
Nov 22, 2022 5 min read
Homes247.in - On the Journey to Be India’s Favourite Property Portal

Home Buying in this age and time is no longer a hassle-prone affair thanks to apps and websites like Homes247.in.

For the past five years, Homes247.in has grown to be the favourite choice of home buyers across the southern cities, especially in Bangalore. The proptech portal was launched with the aim of popularising technology in the erstwhile traditional real estate markets of South India.

The flagship brand of VSNAP Technology Solutions Pvt Ltd, as the name suggests, is a tech-oriented company that focuses on the realty industry. It embraces a wide range of products and services within real estate, such as home buying, resales, and rentals. Focusing more on developer and builder properties, Homes247.in has a reputation in the retail and residential market for the excellent trust and customer service it offers its clients.

The firm also has a B2B arm called IndiaEstates.in that focuses on Exclusive or Mandate Sales.

Homes247.in - Company Highlights

Startup Name Homes247.in
Headquarters Bengaluru, Karnataka
Sector Real Estate Technology
Founder Priyatham Kumar
Founded 2017
Parent Organization VSNAP Technology Solutions Pvt Ltd

Homes247.in - The Idea and Starting Up
Homes247.in - Founder
Homes247.in - Key Areas
Homes247.in - Business Model
Homes247.in - CSR Activities
Homes247.in - Funding
Homes247.in - Growth and Future Plans

Homes247.in - The Idea and Starting Up

Homes247.in was founded in 2017 by Priyatham Kumar. After being part of the core management of various successful companies and with a wide range of experience from different sectors, Priyatham Kumar wanted to bring an easier way of buying and selling.

However, after witnessing the widespread troubles and scams the home buyers were subjected to, he made up his mind to come up with a solution for the same. Apart from a few, the industry was very traditional, often undermining the potential of technology. It brought ease, transparency, and retention. It was simple; technology was the saviour.

Thus with the experience of developing and scaling up some of the finest organizations, he started out at Homes247.in to be what the others could not - bringing technology into real-time real estate and being truly customer-centric.

Priyatham Kumar says that the idea for the brand and the logo came to him while he was sitting in Bangalore's famous Cubbon Park as if like a Divine Intervention. From then on, there was no looking back.

Homes247.in - Founder

Priyatham Kumar - Founder of Homes247.in
Priyatham Kumar - Founder of Homes247.in

Priyatham Kumar calls himself an engineer with a core passion for sales. He has over 22 years of experience in sales and has scaled up several startups over the years. An engineer armed with IIM and other management verticals, Priyatham Kumar, seeks to revolutionize real estate by ensuring its tech and transparency as a whole.

Homes247.in - Key Areas

Bengaluru serves as the headquarters of Homes247.in, and it has a considerable presence in the residential real estate market in Tech Capital. However, it is not limited to Bengaluru alone, and its online version also serves some of the major Tier 1 and Tier 2 cities, such as Hyderabad, Chennai, Mumbai, Pune, Delhi, Kolkata, Jaipur, Mysore, and many more.

Homes247.in - Business Model

Homes247.in Website
Homes247.in Website

The business model of Homes247.in focuses more on the proptech, retail, and mandate division of residential real estate. The company helps home seekers throughout the end-to-end journey or home buying process, from site visits, negotiations, home loans, and interiors. They are not limited to buying alone but also selling and renting properties.

The best part is that Homes247.in doesn't charge any brokerage or hidden charges to the customers.

It also acts as a lead generator and aggregator for many properties and RERA verified developers across the country. Many of its features, like Book a Home from Home, which was initially aimed at NRI Homebuyers, also helped flourish the local markets during the pandemic phase. Homes247.in, with its in-house marketing team, also provides support for the builders to ensure ample presence in the digital and offline spaces. The creatives of Homes247.in has turned many heads and already caused many ripples in the way how real estate is advertised, especially in Bangalore.

Homes247.in - CSR Activities

Homes247.in has always been an active player when it comes to giving back to society. Perhaps the most well-known activity that brought genuine value to the community was its action and awareness plan that distributed over 1 lakh masks to the people of Bangalore during the pandemic. The firm and its employees also participated in many awareness campaigns during their tenure.

Homes247.in - Funding

Homes247.in has been a bootstrapped or self-funded organization since its inception.

Homes247.in - Growth and Future Plans

Already a reputed PropTech brand, Homes247.in will soon expand its offline bases to some of the tier 2 cities in South India and help in running the futuristic realty growth engines.

India's real estate market itself, being one of the top contributors to the country's GDP and one of its largest employers, speaks volumes about its potential. In fact, it was one of the very few industries that shook off the impacts of Covid-19 and continued its stride ahead. There's itself is the indicator that Industry can never be completely a monopoly, and the future of tier 2 and 3 cities is great compared to the previous runs.

And as India turns more and more digital, from FMCG to the Metaverse, can real estate be any different? It is here that the existing tech players get leverage over the traditional ones. In the coming decade, the entire game plan will change the existing modes of competition and marketing; thus, we can see a whole new crop of brands coming forth for the wins.

Homes247.in has already started its venture into the Metaverse, which will be on the cards for Homes247 versions 3.0 and 4.0. The existing web 2.0 will function in the traditional markets, whereas web 3.0 will enhance it as a pan-Indian brand and realty solution provider. Thus, VR and meta realty will be two of the key points that will be explored.

FAQs

When was Homes247.in founded?

Homes247.in was founded in 2017.

Where was Homes247.in founded?

Homes247.in is a Bengaluru-based firm.

Who are the top competitors of Β Homes247.in ?

Some of the top Competitors of Β Homes247.in are

  • 99acres
  • Makaan.com
  • Housing.com
  • Commonfloor.com
  • Magicbricks.com

What is Homes247.in?

Homes247 is India's Favorite Prop-tech Portal that provides home buyers verified and handpicked property options to choose from. We are of the few premium full-stack property portals in the country which gives out Round the Clock assistance from Search to Settle.

Who is the founder of Homes247.in?

Priyatham Kumar is the founder of Homes247.in.

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