Monthly Archives: October 2015

Home rental startup Zenify.in gets Rs 4 crore in angel funding

Originally appeared in Economic Times on 21st October 2015.

Home rental management startup Zenify.in has secured Rs 4.15 crore in angel funding to expand its operations.

Bengaluru-based Zenify provides end-to-end services to tenants with an option to directly book properties online, which are exclusively available with the platform, along with verification and agreement signing.

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Common Problems faced by Flat Owners in Bengaluru

It’s a conundrum which many property owners face today, the choice of either renting out or selling a property whenever they have to move out of the city. However, it is not the best time in the real-estate market for selling a property as according to reports, Bangalore is currently left with 84000 unsold housing units, surpassing even Bombay & Delhi NCR (National capital Region).Therefore, renting out the property is preferred over selling in this depressed market.

Unfortunately, when people rent their house, their peace of mind goes along too. These are few problems faced by apartment owners in the city.

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Common Problems Faced by Tenants in Bengaluru

Bengaluru being the IT hub and startup capital of India attracts a lot of fresh graduates and experienced professionals every year. Like any other new city, it poses a variety of challenges for its tenants.

Their journey to find accommodation in Bengaluru almost always ends up in a Paying Guest setup. However, worries about the safety, hygiene and the terrible, terrible food means that you will be on the hunt for a more permanent solution. Apartments in gated societies take the edge in this search, because of the convenience and safety it offers.

While there are many online solutions to help you find a place to live in a rented house, there are a few common problems faced by tenants in Bengaluru, which you should be aware of.

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