Products: Passionate About Real Estate? We Are Too!
There was a time when real estate agents used to help you find a home that was the right fit for your needs, preferences and priorities. They also helped you find a home that is in a price range comfortable for you. But, this was not the most efficient way to narrow down your search. Real estate agents are humans too, who might have limited knowledge of the markets and various options available. Thus, could not have helped you filter the home of your choice, from among tens of thousands of options. You, as a home buyer, probably have a wide range of preferences. Real estate agents could not have maintained database that take into account such preferences. But now, with online real estate portals, this has changed.
PropTiger.com lists 1,40,800 real estate properties in India, in over 12 cities. Over 10,000 customers have bought homes worth more than Rs 8,000 crores through PropTiger. A startup founded in 2011, PropTiger has a team of bright engineers and technicians, who are passionate about real estate like you are. They have been building innovative features to help home buyers in the process.
Here are some of PropTiger.com's leading features that simplify the complex home buying journey of millions of homebuyers:
City Master Plan The City Master Plan is a new feature of PropTiger.com that helps home buyers see the current map of the city along with a representation of proposed infrastructure. This is important, because a city can be vast and the information on existing and proposed structures in a city is vast too for individual minds to easily handle. Moreover, such information is often difficult to access. The City Master Plan helps home buyers to take an informed decision while buying home by displaying the existing and proposed land usage pattern, major roads, highways, rail roads, metros, rivers, drains and canals in a city. No Indian real estate portal has this before.
To use the feature, visit PropTiger's home page, click on the Explore button on the City Master Plan feature, and choose your city from the dropdown menu on the top. On City Master Plan, you can choose projects based on filter like the number of bedrooms, budget, availability, project status and even sort them according to livability score, popularity and price. Currently, the feature is available only in Pune, Noida and Bangalore. Link: www.proptiger.com/maps
PropView PropView is another feature, recently introduced by PropTiger.com. Most people do not know much about real estate projects that are in and around the locality where they live. Real estate brokers are of much help, but their services leave much to be desired.
Available on PropTiger's Android app, PropView uses the smartphone camera and sensors to sense users' current location and shares the information about the real estate projects around. So, when you point your smart phone in any direction, after visiting this app, it will display real estate projects that are in a five kilometers distance from you, in the direction in which you point the phone. By clicking on these projects, you would be able to know more about them. To use this feature, you should download PropTiger.com's App. Link: www.proptiger.com/buzz/prop-view-by-proptiger
Portfolio tracker Among real estate portals in India, PropTiger.com was the first to launch a real estate portfolio tracker. Named My Portfolio, this tool tracks your real estate portfolio. With My Portfolio, you as a real estate investor can know more about the status of your real estate investments on all aspects, like pricing, construction status, facts about the project and locality, and market trends. With this information at your fingertips, you can decide when to sell the assets.
To use this feature, you will have to create an account, and sign in. After signing in, you can view the overall portfolio or individual projects, and see how well they are doing. The portfolio tracker would show the initial investment, overall gain and current value. It would also show the price trends. The portfolio tracker would also send information on the projects listed in your portfolio. Link to the feature: www.proptiger.com/property-portfolio-tracker
Livability Score There are many factors that make the project, in which you bought an apartment, livable. The amenities in the locality, the amenities provided by the builder, pricing, and the social infrastructure and the transportation network in the neighbourhood are some of the key criteria on which the project is rated for livability. PropTiger Data Labs assign a livability score to every project, using more than 100 parameters, and an algorithm. You can view the livability scores of individual projects on PropTiger.com's website.
Safety Score Real estate prices are intimately linked to crime rates. Perhaps, the best reflection of crime rates in a locality would be real estate prices. PropTiger.com also gives information on safety score along with project descriptions. For instance, if the score is 8 -10.0, the locality is safe, even at night. If the safety score is 0.0-2.0, the safety score is poor, and not safe at night.
EMI Calculator PropTiger has an equated monthly instalment (EMI) calculator too. This feature has become very common on real estate portals and websites of banks and financial institutions. By visiting the EMI calculator, and entering the total cost of your flat, the percentage of your down payment, and your annual income, you would be able to calculate your EMI. Link: www.proptiger.com/emi
With using these features, finding out which project to live in, and deciding how much to pay for your home loan, is much easier today.