ORO is founded by IIT Alumni with decades of experience in Technology and Real Estate sector. We are passionate about making real estate investments, home renting and management for professionals and businessmen easy and transparent.
We hope to professionalise this largely unorganized sector with better data, well defined standards of service, where buyers and owners feel confident and comfortable with investing into real estate assets.
Though traditionally property still tends to be 70% of an average Indian family’s total asset base, due to India’s lack of registrations, license enforcement for agents and realtors, this sector is still very painful for most Indian service professionals to deal with.
We hope to become a one stop trusted partner for all such professionals who like to invest, rent or sell real estate in India.
Vikram has been investing or working with real estate developers for past 2 decades. After doing his B Tech from IIT Delhi, he worked in professional services across Software and Solar Energy Industries (where he was in charge of selling solar power to corporates such as Accenture, Microsoft etc). Along with his professional career he was moonlighting in Real estate.
During a casual discussion with a close friend who was working with Wipro as Software Engineer for 12 years and a startup founder who had raised over $50 million, both said real estate purchase as one of their worst decisions in terms of both returns and difficulty of purchasing. Managing the investment property has been even more challenging and time-consuming leading to an overall bad experience. Through further research and anonymous surveys, he realised the massive gap in information and standards of service provided by the existing websites, brokers and service providers.
ORO is an attempt to solve these challenges.
Rental house owners not only want to get the right rent, but also collect rents, maintain house, pay property taxes and get the right price when they sell. There is no single company which can be trusted with the entire range of services. We are trying to develop a tech-enabled and trained network of trustworthy professional service providers who can be a one-stop solution for all Owner needs.
ORO
Flat starting Rs 999/-
Broker
None
Other Property Managers
5%-8% of monthly rent
ORO
Detailed
Broker
None
Other Property Managers
Partial
ORO
App Based
Broker
None
Other Property Managers
Manual
ORO
90-point checklist
Broker
None
Other Property Managers
Cusory audit
ORO
Every 6 months
Broker
None
Other Property Managers
No
ORO
Yes
Broker
None
Other Property Managers
Yes
ORO
Work with other agents, Extensive reach, Quickfilling
Broker
Tries to work with own leads
Other Property Managers
Slow to process, works with preferred agents only
ORO
Longstanding
Broker
One time
Other Property Managers
Long term
ORO
High
Broker
Opportunistic
Other Property Managers
Medium
ORO
Yes
Broker
Not Applicable
Other Property Managers
No
ORO
Yes
Broker
None
Other Property Managers
No
