KAGAAY Announces First Gamified Online Real Estate Flash Sale in India-ANI


Bombay (Maharashtra) [India], Dec 29 (ANI/BusinessWire India): KAGAAY – India’s first Gamified Realty Sales Enablement mobile app, is set to launch India’s first-ever real estate flash sale. The sale will start in January 2021 on the KAGAAY mobile application. It is expected that more than 10,000 stocks across four states will participate in the sale. This is a once-in-a-lifetime opportunity for home buyers to take advantage of amazing real estate deals and secure their dream home at the best price ever.
Announcing the sale, Ms. Swapna More, the co-founder of KAGAAY said that “the pandemic has caused a major shock to the sector and the sale of residential units has dropped in 2020. At such a time, we believe that the sale flash of KAGAAY is a ray of hope for both developers and buyers. Our main objective in organizing this sale is to stimulate the real estate market by creating demand among customers, who will benefit from exclusive offers offered by developers. This is a unique initiative where we bring KAGAAY’s deep expertise in real estate marketing and technology to create a platform that will greatly benefit buyers and bring transparency to the process of buying a property. property.”
KAGAAY is an ISO 9000: 2015 and RERA certified company, it is also registered with Start-up India. The app is ready to download for iOS and Android users and has already received a Google Play rating of 4.8. Upon registering and sharing links, it also offers redeemable reward coins to newly registered users. Potential buyers can also take a short survey to self-assess their home buying choices. The information provided by potential buyers in the survey will also help KAGAAY understand homebuyers’ psychodynamics, likes, likes/dislikes, etc. through which KAGAAY will be able to provide better home buying choices to buyers.
The app was designed and developed with two main perspectives in mind:
1. Accelerated asset liquidation activation for real estate agents and bankers
2. Good advantage on price assets for investors and buyers.
Speaking about the app, Mr. Tushar Desai, CTO, said that “2021 will be ‘innovate or perish’. KAGAAY is our attempt to bring a digital revolution in the real estate sales process. Through its unique approach based on AI ML, KAGAAY will be able to find buyers’ financial and social burnout in advance. KAGAAY’s buyer and property matching algorithms are based on 2 decades of transaction data from real estate sales available with Founders. Whether you are tech savvy or tech new to it, the app appeals to all types of home buyers. The smart, beautiful and powerful app will enable billions of users across the world to get all the important information about the property they want to buy and at the same time provide them with a “good” price advantage. The power of KAGAAY is “Zero manual intervention”. flash KAGAAY will be fully automated.”
KAGAAY has already met with resounding success in a similar endeavor last year. In 2019, KAGAAY had launched its first lottery for Mumbai-based Commander Estate Developers LLP, which saw a total of 196 properties worth Rs 49 Cr being reserved. Despite the pandemic leading to property registrations stopping soon enough, the real estate agent still managed to complete sales contract registrations for 80 properties through the first draw, generating total business of 15.16 Cr in this difficult time for real estate.
While KAGAAY collected an entry fee of INR 3.22 Lacs out of 521 entries, the EMD (Earnest Money Deposit) collected in this first draw was INR 21L out of 421 applications.
This story is provided by BusinessWire India. ANI shall in no way be responsible for the content of this article. (ANI/BusinessWire India)

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