Startup Nestaway Technologies forays into Chennai, to bring onboard 500 family homes in city by year-end

Nestaway helps tenants find rented houses, for a minimum tenure of 11 months, and provide home maintenance services

FP Staff March 28, 2019 11:32:52 IST
Startup Nestaway Technologies forays into Chennai, to bring onboard 500 family homes in city by year-end
  • Chennai is the 13th one to join Nestaway's network of major cities like Delhi, Hyderabad, Mumbai, Noida and Ghaziabad

  • The startup said it helps tenants find rented houses, for a minimum tenure of 11 months, and provide home maintenance services

  • Nestaway has more than 100 homes in its network rented out by over 180 tenants in both shared and family homes category

Bengaluru-based home rental startup Nestaway Technologies Wednesday launched its services in Chennai with a target to bring onboard 5,000 beds on shared rentals and 500 family homes in the city by 2019-end.

NT Vice President (Business) Ismail Khan said the city is the 13th one to join its network of major cities like Delhi, Hyderabad, Mumbai, Noida and Ghaziabad.

"Chennai is a key education, manufacturing and IT hub, attracting thousands of students and skilled employees across the country migrating to the city every year," Khan said, adding that the startup provides hassle-free housing experience for both house owners and tenants.

Startup Nestaway Technologies forays into Chennai to bring onboard 500 family homes in city by yearend

Representative image. Reuters

The company, in a statement, said it presently has more than 100 homes in its network rented out by over 180 tenants in both shared and family homes category.

Nestaway claimed that it has key presence in south Chennai, a region dominated by tech companies with monthly rentals starting from Rs 5,500. 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.

The startup said it helps tenants find rented houses, for a minimum tenure of 11 months, and provide home maintenance services from cleaning to security round the clock.

"We also have a 22-member legal team for assisting tenants and houseowners in case a dispute arises," Khan said.

--With PTI inputs

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

'People will always remember what he has done': Former Australian cricketer Dean Jones praises MS Dhoni
First Cricket News

'People will always remember what he has done': Former Australian cricketer Dean Jones praises MS Dhoni

Former Australia cricketer Dean Jones, in a recent episode of Star Sports' chat show Cricket Connected, praised MS Dhoni’s captaincy.

Madras HC won't initiate criminal contempt proceedings against Suriya following NEET remark
Entertainment

Madras HC won't initiate criminal contempt proceedings against Suriya following NEET remark

Suriya had said last week that the courts were ordering students to sit for National Eligibility Entrance Test, when the judges were themselves holding only virtual courts amid the coronavirus pandemic.

IPL 2020: After retiring from international cricket, MS Dhoni all set to 'rule roost' in UAE
First Cricket News

IPL 2020: After retiring from international cricket, MS Dhoni all set to 'rule roost' in UAE

MS Dhoni may have signed off from international duties but he'll be at the heart of the action in the Indian Premier League — a tournament he helped inspire, and where he remains a towering figure.