Nestaway aims to onboard 5000 beds in a year for shared rentals and 500 family homes by the end of 2019.

Home rental platform Nestaway forays into Chennai adds 13th city to its network
Atom Home Rentals Wednesday, March 27, 2019 - 19:08

Nestaway Technologies, one of India’s largest managed home rental platforms, 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.

“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 maintenance of their homes and the tenants, which is a home without any discrimination, we hope to become a network of trust between both. With the launch of Nestaway in Chennai, we are now present in three major metros in south India, including Bangalore & Hyderabad” said Ismail Khan, Senior VP of Business, Nestaway Technologies. 

Nestaway helps tenants find their perfect home, assists them with move-in; provides home maintenance services from cleaning, damages to rent payment and even supports them during move-out at just two months’ security deposit, with 24/7 customer care support. For the house owners, Nestaway will help in finding verified tenants, will ensure monthly payment of rent and will take care of the maintenance of the house. Nestaway also provides legal assistance to owners and tenants by adopting a standard rental contract and attention to disputes during the course of rental.

 

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