Regional News

Rentprop4u launches to improve property rental in India

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Those looking for a new home are normally in for an undertaking - but a friend of Nagaraju brought the issue to light for him. After his friend moved to Bengaluru for his Master's degree, he ran into trouble finding adequate housing that would keep him close to college.

Meanwhile, Nagaraju’s uncle, who happened to be a landlord, owned a dozen single-bedroom homes in the city.

Nagaraju said: “I got an idea – why not help my friend by convincing my uncle to rent out one of his houses? My uncle was convinced and he offered him a place under my assurance about the property, its security and maintenance.”

It was then that Nagaraju thought there was a need for a trusted source to connect a landlord and a tenant. This is why he started Rentprop4u, a property management and rental solution platform for landlords and tenants.

“For owners, it’s just a click away from renting out their property, and for tenants too, a click away to find their desired property in their preferred location,” says Nagaraju.

When he had the idea he roped in his cousins Ravi and Asha. Nagaraju has completed MBA in Finance and Marketing, Ravi has an MSc in Multimedia, and Asha is a fashion designer.

The owners upload details of their property - the amenities, locality and their preferred tenant type and, based on this, Rentprop4u proposes the market rent for the property, with a detailed explanation about the rates.

Read more here.

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