Shivraj Nimbalkar's Contact Details

Shivraj Nimbalkar's Company Details

Nexchanges Technology - OYEOK App Real Estate Prices & Rates

Mumbai, Maharashtra, India • 3 Employees
Information Technology & Services

"OYEOK offer a transaction-led Real Estate Exchange like benchmark to a confused real estate user to check property rates & prices and enable trustworthy transactions." A transaction led, data aggregation platform having a B-B-C play in Real Estate Market (i) The approach of maintaining indexes locality/building wise on a Google Map simplifies a complex subject of rates & prices in real estate across rent and sale transactions for buyers/sellers or tenants/landlords. (ii) Contemporary approach of 'live private dealing rooms' as against 'portal listings' enables negotiations between 2 dealing parties leading to more accurate price discovery as compared to using defacto historical 'word of mouth' inquiries of neighbouring or last 6 month transactions to gauge ongoing demand & supply (iii) A multi-sided platform (involving buyer, seller and brokers) allows marketplace like participation from all stakeholders where data (i.e price discovery) glues each one of them to the system to further the cause of enabling more transactions. The above enables deals for each single property for a given locality serviced by a partnering broker. Our technology stack acts as a key enabler (Machine Learning Price Indexes, NLP based AI Assistants inside Dealing Rooms, Erlang based Million Scalable Processes)