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Backed by YC, PropReturns is changing the way the world invests in Indian real estate

Backed by YC, PropReturns is changing the way the world invests in Indian real estate

By Somil Mathur

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3rd May, 2023

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3 min read

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We’re excited to announce that PropReturns is now backed and funded by Y Combinator!🚀What's the problem we are really trying to solve?How are we making property investing simple and transparent?With PropReturns, our vision is to make Real Estate investment as simple and accessible as investing in Stocks. PropReturns is also being used by leading Wealth Management Firms and Real Estate funds to invest in Real Estate.About us

We’re excited to announce that PropReturns is now backed and funded by Y Combinator!🚀

PropReturns is a marketplace to invest in Indian Real Estate. In the Indian Real Estate market plagued by lack of transparency and trust, we provide investors access to investment in grade-A commercial properties and allow them to make investment decisions backed by financial analysis.

What's the problem we are really trying to solve?

Real Estate investment is a 70 Billion Dollar market in India. The opportunity for real estate investors is huge but investing in Real Estate in India has traditionally been a time consuming and exhausting process. Lack of data and transparency has plagued this sector for decades. Moreover, Real estate in India is very localised and disorganized. The market is inundated with brokers in every locality and unlike the US, brokers don’t require any license to practice. This leads to a lack of transparency and a less than savory experience for investors.

How are we making property investing simple and transparent?

We are building India’s first dedicated Real Estate Investment Platform. Investors can invest in 3 simple steps.

🏡1. Discover: Browse from 600+ investment properties and filter them according to your investment criteria.

📈 2. Analyze Properties: View all the verified information of the properties along with a detailed financial model. Investors can also view the historic market trends and accordingly make a sound investment decision

💰3. Invest: Once you like a property, you can place an offer and we facilitate the deal closure between you and the seller.

🔍Enabling Transparency 24/7: We’re not like the majority of the listing platforms in India. A property is only uploaded on PropReturns once all the information of the property is verified through public transaction records!

With PropReturns, our vision is to make Real Estate investment as simple and accessible as investing in Stocks. PropReturns is also being used by leading Wealth Management Firms and Real Estate funds to invest in Real Estate.

About us

Our founding team includes serial entrepreneurs who have sold 2 startups and have created software for companies like Emirates Airlines, Etisalat, and other billion-dollar government entities in the UAE. Our team also includes successful real estate veterans who have conducted over $500million worth of transactions and have over 75 years of combined Real Estate experience.

With PropReturns, we are building the OPERATING SYSTEM FOR ONE OF INDIA'S LARGEST ASSET CLASS - REAL ESTATE.

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Somil Mathur
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Co-Founder
About

Somil loves product design, web technologies, the AGI War, and anything astro related! (sans -ology) A huge proponent of the EV revolution and basically anything that helps us save this beautiful planet.