Prop-Tech is the New Growth Catalyst in…
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- Updated on April, 23, 2022
YourOwnROOM, a Proptech Residential real estate asset management company with AUM of 1 Million sqft valued at 400 Crores, ARR of $1.5 M, Order Book of $10 M and Sales Pipeline of $40 M.
At YourOwnROOM, they are transitioning from being a residential rentals and property management services company to being a residential real estate asset management Company. This will set the foundation for their future hyper profitable growth.
They have set a revenue goal of 15 Crores ($2 M). We will continue to increase our market share in Residential Rental Management and property management in Bangalore and Pune. They are betting big on building strong B2B strategic partnership with PropCos, Developers and corporates to provide end to end rental and property management solutions for their large assets. They have signed partnerships with about 5 such companies with a TCV of 350 Crores ($50 M) over the next 5 years. This will also drive opportunistic growth across newer cities.
YourOwnROOM’s biggest differentiator is their PropTech Platform that thy have developed over the last 6 years. In 2022-23, they are upgrading their PropTech Platform by making it SaaS enabled multi asset platform. They are also revamping the UI and UX. This is key to onboarding PropCos, Developers and other large Real Estate Asset Owners onto the Platform.
