PropTiger.com launches India's First Real Estate Portfolio Tracker
Talk to any investor in the market today and he is bound to have a major share of his investments in Real Estate. Although there are a host of financial portfolio management tools available in the market but there is none available to track one’s real estate portfolio. PropTiger.com, backed by Saif Partners and Accel Partners, has taken the lead to create one of its kind property portfolio tracker enabling its users to track their real estate investments through their new online tool – My Portfolio.
Indian real estate investor and end user now have a tool at their fingertip to know the status of their property investment in terms of pricing, construction progress, project and locality updates, price trends, market talk thereby helping them to decide the right time to sell and make profit. There is no tool currently in the Indian real estate market that lets the investor do all this under one umbrella in a single tool.
When we asked PropTiger about this new feature, Co-founder Prashan Agarwal said "Property is the biggest investment in the portfolio of any Indian investor. Tracking a real estate portfolio with multiple properties is of prime importance but due to unavailability of tools it is a time consuming exercise. At PropTiger, we wanted to ensure that any user who owns a property gets a simple and easy to use tool to track their single or multiple properties. Accurate and timely data means all the difference in investment decision. Also with data from our research team, the benefits are multifold to the user – he not only gets the pricing data but also gets updates on the construction progress and other relevant details."
Along with the portfolio tracker, one key thing being addressed with this new product is real time Construction Progress Updates. Anyone who has bought a property needs to keep abreast with the construction status of their properties. Historically, they would either do site visits or call the builders to ascertain the construction updates. However now PropTiger has introduced historical construction updates for projects. This is the most critical piece of information which is today not available to Investors and End Users alike. By enabling this feature, PropTiger has given the customers a key handle to be aware of the latest development with respect to construction progress on his property investments.