By the end of 2019, Nestaway aims to onboard 5000 beds for shared rentals and 500 family homes.
Nestaway Technologies, India’s largest managed home rental platform, has announced the launch of their services in Chennai as the first managed home rental platform in the city. The company has now 100+ homes and 180+ tenants in the Chennai, in both shared and family rental space.
With this launch, Nestaway aims to enhance the home-rental experience, nurture safe communities, enable supportive networks and foster relationships for both homeowners and the tenants. By the end of 2019, Nestaway aims to onboard 5000 beds for shared rentals and 500 family homes.
Nestaway has a key presence in the areas like OMR - Adayar to Siruseri, Velachery, Thoraipakkam in South & East Chennai with monthly rentals starting from Rs 5,500. With Nestaway, activities like house-listing, rental payments, utility payments, maintenance and any other service requests can be performed using the Nestaway app or website itself, reducing the challenge of language-barrier for both tenants and home-owners.
Ismail Khan, Sr. VP of Business, Nestaway Technologies, said, “Chennai is a key education, manufacturing & IT hub, attracting thousands of students and skilled employees across the country migrating to the city every year. At Nestaway, we strive to provide a hassle-free housing experience for both homeowners & the tenants. By taking care of the basic needs of homeowners, which is the well-maintenance of their homes and the tenants, which is a home without any discrimination, we hope becoming a network of trust between the both. With the launch of Nestaway in Chennai, we now are present in three major metros in South India, including Bangalore & Hyderabad.”