IQOL Technologies

About IQOL Technologies

The home-buying experience is broken. It's a low-trust market because of the way stakeholders (Developers/Sellers, Brokers/Channel Partners, Platforms, Buyers) have operated. Instances of project delays, quality issues, legal enforcement, developer fraud, misspellings, and information subversion are quite common. RERA (introduced in 2016) is attempting to solve some of these problems and establish trust in the market, but it also falls short as the problem is structural to the market. India needs 30 million new homes by 2030. The new development market is dominated by small & medium-sized developers (75% market share). Buying a new under-construction project offers value to all the stakeholders - Buyers get to make preferred choices and have higher flexibility, price is cheaper compared to ready-to-move-in property. Developers can manage their cash flows and debt better - faster sell-out, more conviction in the project, better debt management, and fewer issues.