Realty investment platform PropReturns raises $1.2 M
PropReturns, a real estate investment platform, has raised USD 1.2 million from a group of investors including US-based Y Combinator, GoodWater Capital and Soma Capital. PropReturns enables investors to purchase rent-yielding commercial properties across India. Investors can buy these assets with the assistance of detailed financial analysis based on market trends. Launched in mid-2021, PropReturns claims that it is being used by over 4,000 investors, wealth managers, and realty funds to invest into rent-generating commercial properties across the country. It has over 450 pre-leased properties to offer to its investors, listed by over 500+ commercial property landlords, real estate developers, channel partners and institutions.
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