Homz N Space, Unveils Online Platform for Home Buying for NRI and Indian Buyers

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Published: May 19, 2015 9:30:35 AM

Bangalore based Start-up, Homz N Space, officially unveiled India’s first online platform that will provide home seekers with ...

Bangalore based Start-up, Homz N Space, officially unveiled India’s first online platform that will provide home seekers with real time counseling, information and unbiased views on Homes in India. Founded by two industry experts, Harish Achar Brahmavar and Raghu Valekar who did their MBA in Bangalore and has served multiple real estate industries, Homz N Space acts as a virtual consultant by offering buyers’ with comprehensive information about potential homes while providing insightful counsel on the pros and cons of property purchase free of cost.

Homz N Space portal:

While there are multiple online review based portals in India there is none that gives real time advice or counseling to buyers while guiding them through the entire journey; from identifying the property, to studying the pros and cons and to finally making the purchase decision. This format was prompted by their first hand experience of hearing constant complaints from home buyers on how they are forced to buy properties which do not suit them and how property advertisements can often be misleading.

“Homz N Space bridges this gap by placing the‘customer’ at the heart of its service. We are trying to bring in the best of International practices to break away from the conventional model of ‘Brokerage’ and bring state-of-the-art technology to provide customers with real time counseling and advice free of cost.  We have been constantly upgrading our technology to ensure that through our platform home seekers are able to buy their dream home, without having to go through the usual rigmarole or hassles associated with property purchase” said Harish, Founder, Homz N Space.

The new and upgraded features on the platform provide options for customers to schedule their meetings with the team at Homz N Space at their own convenience. “The customer can discuss with our team in detail about various real estate options available in the industry without having the burden of biased information or forced sales. Furthermore this technology has in fact become very popular among NRIs looking at buying residential properties in Bangalore,” said Raghu Valekar, Co-founder, Homz N Space.

Homz N Space, in a short span of time has already been named as the most preferred partner by leading developers including Puravankara, Divyasree, Hiranandani, Provident and Godrej among others. The platform already has over 580 subscribers with over 7,000 customer queries answered so far. The projects listed on the portal have received nearly 17.9 Lacs views, which have resulted in over 300 closed transactions through Homz N Space, worth over Rs 200 Crore.

Their vision is to create an online platform supported by offline services. The company aims to expand to other metro cities in India and capture the complete advisory market by 2025 including multi-national foot print “Going forward, another objective is to give real time coverage of new projects of the partner builders on the Homz N Space platform, besides launching an exclusive new age digital media for reviews and updates of new property launches,” added Harish.  The company’s fundamentals, sales and revenue figures are extremely robust and it will look at funding from Venture Capitalists soon.

About Homz N Space

Homz N Space is India’s first online, review-based, Real Estate advisory platform. It has partnered with the top 30 builders in Bengaluru, providing them an opportunity to market their projects on the website. On the other hand, consumers benefit from an open and transparent forum where they can discuss Real Estate projects, share information and clarify any queries. Homz N Space acts as a virtual consultant by eliminating any ambiguity in the minds of the consumers by offering them lucid and helpful advice while making property purchase decisions.

Headquartered in Bengaluru, the company was incepted in July 2011. The inspiration to come up with a unique model such as this was to help consumers navigate the world of Real Estate. It also aims to enhance the trust factor between the buyer and the broker.  The ultimate goal of Homz N Space is to cater to every customers need by educating them about the industry in a transparent and unbiased manner.

Photo caption: Homz N Space Founders, (L to R) Harish AcharBrahmavar and Raghu Valekar

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