To help real estate developer in raising fund, tech startup iProp.Money, an integrated platform for real estate transactions, is bringing in verified investors on the platform to help the industry in raising capital at the most affordable rates.
“We aim to achieve $200 million worth of transactions in the first quarter of our launch”, said Divaker Bhalla, Founder, iProp.Money.
The company has addressed the challenges faced in signing legal agreements with e-signature and e-stamping.
“Customers earlier used to be clueless for days after handing over the cheque, our platform will ease in implementing and addressing these challenges in just three days time. The customer will get his documents, brokers will get their commissions and the builders will get their share,” he said.
The platform will help the real-estate developers, brokers, consultants and investors by amalgamating all the important services under one roof digitally that the real-estate industry is struggling to manage.
The digital platform has been launched with 6500 brokers. iProp.Money will help builders expand their reach to the remotest parts of the country.
iProp.Money provides a banking technology platform that enables real estate owners, brokers and investors to change how they experience and make real estate deals.
Channel partners and Investors use the platform to gain transparency into brokerage, leverage data insights and monetize space to create incremental yields.
The platform will offer virtual accounts, partner banking, and customer on boarding for builders and three way communication channels between builder – broker – customers which is expected to bring transparency in the real-estate transactions.
It will also help in small ticket profile funding through bnpl for brokers, freelancers and customers.