iProp.Money to target USD 200 million worth of transactions
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.
India’s first integrated platform for payments, channel partners and investor’s management today announced that they have launched the platform to help real-estate industry focus on their core. 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. It will also club a host of services at just few clicks. 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 & Investors use the platform to gain transparency into brokerage, leverage data insights and monetize space to create incremental yields.
Divaker Bhalla, Founder, iProp.Money, said, “One of the biggest challenges which we address through iProp.Money is making real-estate transaction completely transparent and seamless between brokers, builders and customers. Our platform will address host of issues faced by real-estate industry without human intervention. We are providing a gamut of services under one roof; even we have 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.”
“We are also bringing in verified investors on the platforms which will help the industry in raising capital at the most affordable rates. We aim to achieve USD 200 million worth of transactions in the first quarter of our launch”, he further added.
The platform will be a one stop for host of services like client relationship management, home loan assistance, signing for multi-part agreements with e-sign panel, payment management through banking panel, instant no limit virtual account, import leads from property portals, instant KYC and documentation, reach extended to thousand of freelance brokers, and buy now and pay later options. 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.
The platform will also help in small ticket profile funding through BNPL(Buy Now Pay Later) for brokers, freelancers and customers.