Regional News

SmartOwner: Online Real Estate Portal Revolutionizing Investments in India

By Editor 0 Comments NEWS, Regional News

According to a report released by World Bank, India is considered as one of the fastest emerging economies thus far in 2017. The major reason responsible for this meteoric rise is the implementation of various development plans by the government, resulting in an improved standard of living. As per a report, the middle-class & upper middle class population would be around 200 million by 2022 and this stratum of society is reshaping the global consumer markets.

The Real Estate industry is also witnessing a burgeoning growth due to the upsurge of middle class group buying residential properties like flats, villas, etc. Announcement and implementation of various Government schemes like Pradhan Mantri Awas Yojana (PMAY), Housing for All, etc. are also acting as catalysts in this growth. Investing in property is considered as the most popular form of investment since it has earned insipid returns in the past few years. However, real-estate is an unorganized sector that is driven by red tape rules & regulations due to which many investors shy away from investing in properties.

Most of the real-estate portals focus on ‘Buy, Sell & Rent’ category without giving its consumers any guidance on investing. SmartOwner, founded in 2012 by veteran Silicon Valley entrepreneurs, eschews this fly-by-night investment strategy, instead specializing in sourcing and offering curated high-value real estate opportunities.

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