Bombay (Maharashtra) [India], December 29 (ANI / BusinessWire India): KAGAAY – India’s first gamified real estate sales activation mobile application, is ready to launch the very first real estate flash sale in India. The sale will begin in January 2021 on the KAGAAY mobile application. It is expected that more than 10,000 stocks in four states will participate in the sale. This is a unique opportunity for home buyers to take advantage of incredible real estate deals and get their dream home at the best price.
Announcing the sale, Ms. Swapna More, the co-founder of KAGAAY said that âthe pandemic has caused a major shock to the industry and the sale of residential units has plummeted in 2020. At such a time, we believe that the flash sale of KAGAAY is a ray of hope for developers and buyers alike. Our main objective in hosting this sale is to boost the real estate market by creating demand among clients, who will benefit from exclusive offers offered by developers. This is a unique initiative where we bring KAGAAY’s depth of real estate marketing expertise and technology to create a platform that will greatly benefit buyers and bring transparency to the property buying process. “
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. While registering and sharing links, it also offers redeemable reward coins to newly registered users. Potential buyers can also take a small survey to self-assess their home buying choices. The information provided by potential buyers in the survey will also help KAGAAY to understand the psychodynamics of home buyers, their preferences, likes / dislikes, etc., whereby KAGAAY will be able to come up with better home buying choices. to buyers.
The app has been designed and developed with two main perspectives in mind:
1.Fast activation of asset liquidation for real estate agents and bankers
2. Fairly priced asset advantage for investors and buyers.
Speaking about the app, Mr. Tushar Desai, CTO, said, âThe year 2021 will be ‘Innovate or Die’. KAGAAY is our attempt to bring a digital revolution to the real estate selling process. With its unique AI ML-based approach, KAGAAY will be able to find buyers’ financial and social exhaustion in advance. KAGAAY’s buyers and property matching algorithms are based on 2 decades of data on Real Estate Sale Transactions Available with Founders. Whether you are tech-savvy or new to technology, the App is for all types of buyers. The smart, beautiful and powerful app will allow billion users around the world 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”. v event ente flash KAGAAY will take place in a fully automated manner. “
KAGAAY has already had resounding success in a similar venture last year. In 2019, KAGAAY launched its first raffle for a Mumbai-based real estate agent, Commander Estate Developers LLP, who had registered a total number of 196 properties worth Rs 49 Cr being booked. Despite the pandemic that led to the rather early termination of property registrations, the real estate agent had still managed to finalize the sales agreement registrations for 80 properties through the first draw, generating a total activity of 15 , 16 Cr in these difficult times for real estate.
While KAGAAY had collected registration fees from 3.22 Lakes INR out of 521 numbers of registrations, the EMD (Earnest Money Deposit) collected in this first draw was 21L INR out of 421 numbers of applications.
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