Great Companies: Please tell me something about the business and how did you come up with such an idea?
Amit Agarwal: Idea of PropAmigo comes to me with own real-estate purchase experience. With lots of option in the market, it is not easy for buyer/investor to choose the right property. Also, builder will be biased towards their project, so an intermediary is needed to eliminate the bias and provide true & reliable information to the property buyer/investor.
Great Companies: What are the various services and products provided by your company?
Amit Agarwal: We are an online property aggregator portal. We help user not only view projects, but allows them to compare different projects online. Apart from this, we also help them in finding the true cost of the project online, which none in the market is offering. Our advance tech platform is built on latest technology to enhance user experience.
Great Companies: Why should one choose you over others in this field?
Amit Agarwal: Firstly, all our services are free for end users i.e buyers/ investor. Secondly, we help builders in optimizing their marketing budget through efficient use of online presence.
Great Companies: What are the struggles and challenges you face?
Amit Agarwal: Competition in the market is stiff. We have to improvise operational efficiency to stand out. In General, delayed payments & working capital requirements are few of the bottle necks to grow faster.
Great Companies: What do you think are the few main things which are most important for a successful business?
Amit Agarwal: Few things recommended for a successful business is Efficient Technology, Branding, Economies of scale & gamification of sales process. In general, we need a right solution & right team.