Having established their leadership in brokerage-free real estate transactions, the company expands operations to the IT City Hyderabad
Hyderabad, August 7, 2019: NoBroker.com, the world’s largest ‘customer-to-customer’ real estate portal, today announced its entry in the city of Hyderabad. The company has already wowed customers across the cities of Mumbai, Bengaluru, Pune, Chennai, and Gurgaon with its customer-friendly plans and is now looking to ease the home-search and settlement journey for the people of Hyderabad. The platform is known to list residential as well as commercial properties for rent/buy/sell and attracts customers due to its unique brokerage-free proposition.
NoBroker.com’s foray into Hyderabad comes on the back of the recent Series C funding led by General Atlantic and underscores its commitment to leverage cutting-edge technology to transform the real estate space in India.
Speaking on the launch, Saurabh Garg, CBO and Co-Founder of NoBroker.com, said, “As an established IT hub, Hyderabad has seen exponential surge in the number of young professionals coming into the city and looking for accommodation. A large percentage of these 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. They realise that brokerage charged is not worth the value that brokers add. The city has been evolving at a terrific rate with numerous jobs luring professionals from IT and other fields and that makes it a good catchment area for a company like ours.”
The success of NoBroker’s brokerage-free transactions in the cities of Bengaluru, Mumbai, Pune, Chennai and Gurgaon suggests further expansion as the next natural step. The company already has over 33,000 number of people in Hyderabad using the services with over 15,000 number of listings coming on the platform within a month of starting operations.
Akhil Gupta, CTO and Co-Founder of NoBroker.com, said “Since its launch in 2014, NoBroker.com has spearheaded the transformation of the Indian residential and commercial real estate spaces with its novel C2C approach, leveraging innovative technologies and AI-assisted tools to eliminate brokers and enable a transparent property search system. The platform has also introduced several services such as Packers & Movers, Home Store, home-cleaning, and NoBroker Pay to assist customers to settle down post property search.”
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. These services – in addition to features such as Travel Time Search, Rent-O-Meter, and Life Score – have helped NoBroker.com establish itself as the online real estate platform of choice in the commercial and residential space