Hyderabad: India’s first proptech unicorn NoBroker.com has opened a 3,500-sft state-of-the-art expertise centre in Hyderabad’s Gachibowli space, with an preliminary funding of Rs 1.5 crore. That is the second such facility after the HRBR Centre in Bengaluru as part of NoBroker’s long-term imaginative and prescient to develop an end-to-end ecosystem catering to all of the property-related wants.
“NoBroker is planning to arrange three extra such centres at Mumbai, Pune and Gurgaon by the top of subsequent yr. We may also add extra centres in Bengaluru and Hyderabad as nicely. We’re planning to speculate practically Rs 2 crore for every of our expertise centre,” the corporate’s CEO and Co-Founder Amit Kumar Agarwal advised Bizz Buzz.
“The expertise centre will supply a singular touch-and-feel expertise to permit prospects to select from one of the best choices to design or redesign their area. Total, the response from the purchasers has been very constructive. Hyderabad has seen a development of 25 per cent in gross sales inside 10 days of the launch. We noticed the same pattern after we launched our expertise centre in Bengaluru,” he knowledgeable.
Primarily based on the overwhelming response from the purchasers, NoBroker has already began trying to faucet into different tier-1 cities for establishing new expertise centres. “When in comparison with the costs of unorganised gamers, we aren’t greater than 10 per cent costly. Nonetheless, the standard and guarantee which we offer are unmatched by unorganised gamers,” Amit stated confidently.
“Our buyer will get ISO customary branded supplies with 10+ years of guarantee. Nobroker launched the interiors phase throughout the pandemic interval. Since then, we’ve at all times seen a constructive development pattern. We’re doing greater than 250 new inside transactions a month. The platform already has greater than 2 crore registered customers throughout six cities and this quantity is rising at a speedy tempo,” he added.
Talking about Hyderabad market, the CEO stated, “Because the capital metropolis of Telangana and residential to one of many quickest rising tech hubs on the earth, Hyderabad presents a singular alternative to proptech corporations. This chance is what we’re searching for to strengthen our footprint within the Metropolis of Nizams. We have now over 10 lakh prospects within the metropolis and it’s rising additional.”
NoBroker believes that the house interiors’ organised market remains to be capturing a really small phase of the general market and there’s enormous scope to develop. With different dwelling providers, interiors phase is a pure extension for the corporate and it goals to change into one of many key inside gamers within the organised market.
Hyderabad is among the many high 3 cities within the nation by way of spending on dwelling interiors. Due to this fact, strategically it is vitally vital for NoBroker to enhance its foothold within the metropolis. It’s planning to open extra inside shops within the metropolis by the top of 2023. Its interiors vertical has proven 10x development in final 9 months for the reason that launch expertise centres and it’s assured to speed up this development.