PRELEASE PROPERTY
A ONE-STOP DIGITIZED MARKETPLACE FOR PROFITABLE PRE-LEASED PROPERTIES
Real estate is booming, with an increasing number of investors despite the sporadic novel disruptions. The business world is ushering in a digitized tomorrow, and real estate is not left behind. With the emerging COVID-19 forces, the digitalization of real estate has accelerated. The innovation has revolutionized the way real estate is owned, sold, rented, and managed, in addition to increasing the number of investors. The scenario has also displayed an increasing interest by investors and property buyers in investing in pre-rented properties, especially commercial property.
A pre-leased commercial property has a myriad of benefits, such as a faster ROI, higher capital appreciation, stable and reliable income, easy liquidity, and rental discounts. With digital transformation, finding and investing in pre-leased properties has become easier than before. Introducing Prelease Property, an Indian-made integrated marketplace for all kinds of commercial pre-leased properties. Within a year of inception, it has established a strong footprint across the sub-continent, achieving several milestones along the way.
A FAVORED NAME IN THE MARKET
Prelease Property was crafted with a dedicated vision to shape the future of investment. Its portal contains property deals in all price ranges from top Indian cities, all with attractive returns. But what actually makes it the preferred choice for investors? The platform was created by a like-minded group of realtors with a thorough understanding of real estate and pre-leased properties.
By providing personalized assistance in every deal, they keep clients away from the underlying hassles of finding the best deals with sustainable profits. Each deal includes customer insight followed by site visits and support throughout the property acquisition process, upholding trust and satisfaction.
CARVING A NICHE FOR PRE-LEASED PROPERTIES
Investments have undergone dramatic changes over time. People, on the other hand, continue to follow and adhere to the tried-and-true investment basics hoping to achieve more success. While some things remain constant, such as buying low and selling high, the investment landscape has changed dramatically. And it has brought a host of unique challenges for investors, especially for non-tangible investments.
Due to digitization, there is an overwhelming flow of information, including daily price fluctuations in stocks, announcements, etc. With too much information, it becomes cumbersome for investors to research and find authentic resources. Also, there are overwhelming choices, and investors have to narrow their options. Nonetheless, people are still winning in this unpredictable market with great returns.
But for those seeking stable, sustainable, and assured returns, pre-leased properties are a great choice. Since it’s all tangible assets, investors and owners find good fixed returns, which increase every year or two. ROI starts right after the lease deed is transferred. Furthermore, purchasing a property that has been rented out for a long time is more profitable because of the increased security. It’s even more valuable if it’s in a desirable area. Pre-leased properties are easy to sell, whereas property sales take a long time.
Prelease Property establishes itself as the go-to resource for all pre-leased property issues. By monetizing a client’s fundamental assets, it can increase liquidity. This aids investors in encouraging entrepreneurship, improving business focus, and understanding value capital. In partnering with them, clients need not worry about risks associated with land, project approvals, and construction delays. They follow all regulatory obligations, such as GST, RERA, and REITs, to maintain transparency, improve commercial space demand, and make it a viable investment option.
THE PILLARS OF STRENGTH
Prelease Property is more than just a digital marketplace for pre-leased properties. It’s also a mission to increase traction in its domain. And every mission is led and managed by a like-minded team. Prelease Property, as mentioned before, is a community of experienced realtors and real estate entrepreneurs who seek to see pre-leased properties have the same prominence as other real estate verticals. This committed community is managed by Mr. Naresh P Arora (CEO), a real-estate evangelist with over 28 years of expertise.
His leadership and domain expertise have helped in assembling the team that keeps its sails high. Whether it’s an individual or a corporation, the team provides personalized attention and stays with them throughout the transaction. They work in harmony with respect and care for one another because they are all equally experienced and respected leaders. The kind demeanor aids in making every transaction simple and worthwhile. It has ₹1,400 Cr of approved properties, which is one of the notable achievements of the firm.
MUSHROOMING DESPITE THE PANDEMIC
Prelease Property was born in a period of chaos. As such, it wasn’t left unaffected by COVID-19. But the fact that it proved itself as a scalable opportunity for investors reflects its determination and resilience. The team has successfully listed around 200 approved properties from Pan-Indian urban cities and localities. It’s trusted by 1000+ investors and has the highest number of approved properties with the highest price count.
The steady demand for commercial properties in 2020 was a major catalyst for its growth. Investors, both local and international, were showing an increasing interest. Building upon these opportunities, the firm has established a PAN-India presence with multiple milestones. In recognition of their efforts, Business Connect Magazine awarded them the title of “Startup of the Year 2021.”
Growing with the achievements, Prelease Property is now gearing itself for the potential challenges and opportunities amid the new Omicron variant. However, it’s important to note that the firm has survived one of the trying challenges with multiple achievements. In that light, it’s quite possible the firm will prove to be a more scalable option for pre-leased properties while earning more recognition from the industry.
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