PropEx

PropEx is an intelligent data driven property exchange connecting tenants & buyers with
owners through a unique proprietary tech platform. Our Real Estate Virtual Assistant PropGPT, an interactive, responsive, and smart chat tool (an NLP-based conversation bot) is designed to answer all your queries factually and free of any personal bias.

PropGPT is designed to cater to all segments of the real estate market - buyers, sellers, owners, and renters.

While the Chatbot will understand and respond to all your real estate related queries, the AI interface will continuously be understanding your needs and preferences to prompt you the best match and help you make an informed decision.

Our Problem Statement:

Whether it's a home buyer, owner, or renter, they are riddled with multiple questions before they can make a decision. This is further complicated if they have just moved into the city or are unfamiliar with the locality.

As a homebuyer or a renter, the objective is to make an informed decision after evaluating different aspects - location, neighbourhood, utilities, price points, market trends etc

As an owner or a seller, the objective is to create the best possible showcase for your property, list all the property features as well as make an enticing proposition to attract both buyers and renters.

In addition to this, there are endless hoops to jump through when it comes to buying or selling a property - drafting the lease agreements or sale deeds, understanding mortgages, processing bank loans, processing fees, hiring different consultants - lawyers, financiers, accountants etc.

PropGPT for Property Buyers

The Chatbot essentially is designed to replace all those meaningless and endless conversations or tedious online search sessions that home buyers have with:

1. A real estate agent, broker, builder, property developer or local expert
2. Close family & friends
3. Un-informed but full of advise - Colleagues, Sharmaji’s & Guptaji’s

While the AI will understand what you are looking for based on your chat history and probe deeper to define your preferences & key selection criteria, most importantly it will evolve with you to prompt you the best matches and hand-pick an array of ‘best-fit’ properties for you to choose from.

Any question a Buyer might have for a property will be answered by PropGPT, like:

-Is it the right time to buy the property
-What is the going rate in the market
-What is the best way to transact for this property and at what value
-Expected return on Investment
-Property Rating
-Local Insights and an overview of the neighbourhood
-Amenities and Utilities
-Date of Project Completion
-Everything you need to know before buying or renting a property in Bangalore
-What is a Khata? Who issues it ? How can you get Your Khata?
-What is BBMP approval vs BDA approval?
-How do you buy a plot?
-Where do you buy a plot?
-What are the kind of returns?
-Is fractional ownership good?

PropGPT for Property Sellers

Property developers and people looking to sell their properties face the daunting task of creating a property showcase and listing down all relevant information about the property.

PropGPT makes it super easy, it is build to capture every relevant detail about your property from our internal repository while as a seller you just have to answer a list of questions related to your property like :- Location, Dimensions, Amenities, important disclosure etc and Voila! PropGPT auto-generates a fact sheet, brochure, that can be shared on all online classifieds as well as listed on the PropEx Marketplace where the listing is distributed across the extensive network of prospective buyers and renters.

You can ask it anything, and we mean anything! Whatever your Question, PropGPT has an answer!