Indian Real Estate Market EXPLAINED ft. Unicorn NoBroker IITian Founders - FO 43 | Raj Shamani

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In this episode of figuring out, we have Amit Kumar Agarwal and Saurabh Garg, the Founders of NoBroker.com. We talked about:

1. Why did Amit and Saurabh enter the real estate market despite having settled their lives and high-paying jobs?

2. Why they didn't niche down?

3. Is NoBroker or tech-based companies are eating up the jobs of people?

4. Why do tech firms go on to empower themselves instead of empowering people with the solution? E,g. Amazon

5. How can a common person pursue entrepreneurship?

6. What is “Unicorn” funding all about?

7. What motivates them as a founder to keep going despite it being a thankless job?

8. Is real estate a good sector to invest in now?

9. Which cities in India are seeing a boom in the real estate sector?

10. Why is financial planning important before starting any business and jumping into the startup ecosystem?

11. If they have to invest money for the next ten years, where will they invest money apart from real estate?

12. How can one learn about tech-enabled business as a common person?

Saurabh Garg started NoBroker in 2014 after being unable to find a house that didn't require him to pay brokerage on classifieds and rental platforms.

He and Amit Kumar Agarwal and Akhil Gupta were inspired by how consumer internet platforms such as BookMyShow had eased movie ticketing and MakeMyTrip had eased travel booking.

Founded in 2014, NoBroker is a Bangalore-based startup in the real estate search domain. It connects flat and property owners with tenants and buyers directly through its platform, thereby making buying, selling, and renting of properties more straightforward, transparent, and affordable.

In this episode, we have discussed why startups fail and the things people don’t tell you about entrepreneurship. If you are interested in entrepreneurship, watch this episode till the end.

Social Media Handles of NoBroker:

Instagram
  / nobroker  

Twitter
  / nobrokercom  

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Follow Amit Kumar Agarwal on Twitter: @AmitKumarA
  / amitkumara  

Follow Amit Kumar Agarwal on Instagram: @amitkumaragarwal9
  / amitkumaragarwal9  

Follow Saurabh Garg on Twitter: @Sgarg2408
  / sgarg2408  

Follow Saurabh Garg on Instagram: @2saurabh
  / 2saurabh  

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Timestamps:

00:00 - Introduction
01:47 - The idea of NoBroker
04:40 - Should startups focus on a lot of things?
06:50 - Elimination of middlemen
07:27 - Cost of disruption
09:16 - Tech eliminating jobs
11:03 - Empowering people through technology
13:36 - Who should pursue entrepreneurship?
17:20 - Framework to identify new business ideas
18:17 - Game of becoming a unicorn
21:53 - What is the motivation of Founders
24:05 - Stock Market Vs. Real Estate
27:20 - Top booming real estate markets in India
30:12 - How to start a business in a new industry?
34:35 - Where to put money for the next 3 years in India?
37:00 - Conclusion

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My gear for shooting this video:

Canon EOS 200D II 24.1MP DSLR Camera: https://amzn.to/3GuiPFK
Canon EF50MM F/1.8 STM Lens: https://amzn.to/3WZOSoi
Canon EF-S 18-55mm f/3.5-5.6: https://amzn.to/3ZpKBMy
Yunteng Aluminium Tripod (Vct-690, Black): https://amzn.to/3ItEzV0
Zoom H6 All Black (2020 Version): https://amzn.to/3irUCIf
Shure SM7B Cardioid Vocal Dynamic Microphone: https://amzn.to/3GPimiM
Shure MV7 USB Podcast Microphone: https://amzn.to/3Xjy63d
GODOX SL150II 150W LED Video Light: https://amzn.to/3XeN0aL

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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.

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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.