Propash enables fractional ownership of RERA-approved Airbnb properties, allowing investors to purchase shares and earn an assured 8% rental income with a 100% liquidity guarantee. The platform simplifies real estate investment by managing property operations and providing timely payouts, addressing the challenges of traditional property ownership.
Funding
Funding not disclosed
Founders
Product
Problem
Investing in real estate traditionally requires significant capital, extensive property management responsibilities, and can lack liquidity, making it difficult for many investors to participate. Furthermore, identifying and vetting high-potential properties for short-term rental income can be time-consuming and complex.
Solution
Propash offers a platform for fractional ownership of pre-vetted, RERA-approved Airbnb properties, enabling investors to purchase shares and earn rental income without the burdens of direct property management. The platform handles property operations, including sourcing, remodeling, and decoration, to maximize income potential. Investors benefit from passive income opportunities and potential property appreciation, while Propash ensures timely payouts and a 100% liquidity guarantee, allowing investors to exit their positions if needed. By streamlining the investment process and providing professional property management, Propash makes real estate investment more accessible and hassle-free.
Target Audience
The primary target audience includes individual investors seeking passive income and portfolio diversification through real estate, particularly those who desire a hassle-free, liquid investment option with professional property management.
Features
- Fractional ownership of RERA-approved Airbnb properties
- Pre-vetted properties selected for high-income potential
- Professional property management including sourcing, remodeling, and decoration
- Automated rental income distribution and timely payouts
- 100% liquidity guarantee for share/property sales
- Digital platform for browsing properties, selecting shares, and managing investments
- Electronic contract signing and secure investment funding
- Option for complimentary stays at Propash properties