🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Uzair Hasmani

CA finalist • 1y

Digital platform for joint house ownership. Let me illustrate the idea through an example: Mr. A has 10 lakh rupees and wants to invest in real estate, but his capital is too small for a full investment. On the other hand, Mr. B dreams of owning a house worth 50 lakh rupees but currently has 40 lakh rupees. Solution: Mr. B posts a deal on our app, seeking funds to jointly purchase a house. Through the platform, Mr. A and Mr. B connect, forming a partnership to buy the property. Mr. B, as the occupant, may pay proportionate rent to Mr. A. Revenue stream -Charging fee to facilitate binding agreements between investors (Mr. A) and homeowners (Mr. B). -Charging platform fees -Offering ad services (to Mr. B), such as boosted deal visibility, for a fee. What are your thoughts on this concept? How can we enhance it further? Share your feedback in the comments below!

6 Replies

Replies (6)

Anonymous 1

Hey I am on Medial • 1y

The thing is to get the deal between mr. a & b is impossible. Just because of the Intrinsic need to have a house to your name. I bet your own father wouldn’t agree sharing home ownership with someone else, how can other consumers?

1 Reply

Tarun Suthar
•

The Institute of Chartered Accountants of India • 1y

does co ownership works in real estate. people will likely to have a loan of 10 lakhs instead, from banks. and the annuity of loan can be paid through rent received on real eastate. if the CIBIL score of person is low then it might be helpful.

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Just like equity and when price of land increase Mr a and b both gain profits ?

Pramod Srinivasa

Entrepreneur • 1y

We started building this idea way back in 2017 infact 😄 in 8 months we figured out how complex it is to handle real estate scam.. we eventually closed it.

Havish Gupta

Figuring Out • 1y

See the concept is good but have few problems 1) making a aggregment stating each one share 2) which one will stay for how long 3) real-estate is actually a game of debt so wouldn't become take that?

Recommendations from Medial

Anonymous

Hey I am on Medial • 10m

What's the revenue model for Zomato/swiggy apart from their platform fee they are charging?

3 Replies

Rishi Chavan

Inquisitive • 9m

💡 Business Riddle Time! 💡 Mr. Conman pays a 500 rupees note💸 for the goods📦 worth Rs.300 bought from a shop owned by Mr. Credulous. Since Mr. Credulous does not have Rs.200 to return to Mr. Conman, he gets 5 notes of Rs. 100 each from a neighbo

5 Replies

Rohit Kumar
•

Business Management Daily • 1m

How a Real Estate Agent Earns (Profit) : 1. Commission: When a property is bought or sold, the agent receives a percentage of the total price of the deal as commission. Example: If the price of the flat is ₹50 lakh and the agent's commission is 2

Aviral Saxena

dashcart.co.in • 11m

High delivery fees and now this? 😅 What a wonder this platform fee is! Is this valid or just a way to milk us? 🤔 https://economictimes.indiatimes.com/industry/services/retail/platform-fee-surge-why-swiggy-and-zomato-are-charging-more-and-how-it-af

7 Replies

Ashutosh singh Parihar

Human engineer(doc) ... • 14d

A platform to help employees sell vested startup stock options to outside investors, while i handle: Valuations & fair pricing Compliance (ROFR, shareholder agreements) Escrow & transaction settlements You take a 5-8% transaction fee, or charge

3 Replies

Gyana Ranjan Dash
•

Gameberry Labs • 1y

Yo, I'm a bit confused about something. I'm ordering a packaged food item, and the MRP (Maximum Retail Price) is supposed to include all taxes, right? But why is Swiggy charging me GST (Goods and Services Tax) on top of that? There's also a platform

3 Replies

gray man

I'm just a normal gu... • 7m

Flipkart may start charging Rs 20 fee on cancelling orders: report Screenshots shared on X indicate that Flipkart users who cancel their orders after a certain time will be charged a Rs 20 cancellation fee. It suggests that the platform will soon p