This real estate start-up will help you invest with as little as Rs50,000

Published: March 16, 2017
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LAHORE: The real estate market in Pakistan has seen tremendous growth in the last two decades and has outperformed its European and American counterparts.

The combined global market size of crowd-funding and real estate is estimated to be around $11 trillion while real estate assets in Pakistan alone are estimated to be worth $700 billion.

Despite immense demand of investment from Pakistan in real estate, the minimum investment required for areas that offer better returns is way too high for most individuals.

NEST, one of the finalists at the Fintech Disrupt Challenge 2016, will be offering an entry-level ticket, as low as Rs50,000 ($477), to own a small stake in a managed commercial/residential property.

This Pakistani startup is helping increase worker incomes by 400%

Fintech Disrupt Challenge 2016 was organised by Karandaaz Pakistan and will be facilitating people with shared social demographics and interest in real estate, investing to pool money and purchase properties. Arazi Ventures CEO Umair Sheikh said the team has been working on this project for quite some time but getting past the current regulatory framework has been a major challenge.

“We plan to turn NEST into a robust crowd-funding platform for real estate as soon as we have a green signal from the Securities and Exchange Commission of Pakistan (SECP).  “For now, we are only accepting offers from accredited and seasoned investors who understand the risks involved in private investments,” said Sheikh.

How this Pakistani built a billion-dollar startup

Arazi Ventures, the company behind NEST and Arazi.pk – an online real estate database and brokerage service – has seen immense success since its launch back in 2015.

An alumnus of the LUMS Center for Entrepreneurship, Arazi.pk offers verified real estate listings backed by a team of professional, in-house agents. Arazi.pk was the only startup from Pakistan to exhibit at the first RISE conference in Hong Kong and was also a nominee for the prestigious Red Herring Asia Top 100 Award.

Published in The Express Tribune, March 16th, 2017.

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Reader Comments (5)

  • Syed
    Mar 16, 2017 - 1:39PM

    there is already one operating and listed on KSE….. Dolmen City Reit (DCR) where u can invest as little as Rs 11/-……….. Recommend

  • Imran
    Mar 16, 2017 - 3:52PM

    Apniproperty from Planet N also doing same

    Any one has visit araazi dot com and see their database of 10 -15 bangloes of DHA phase 6, lolz

    I m an alone startup

    None of the online real estate websites cover even all of real states projects in Lahore
    My ambition is to work as spider, connect with all real state agents having links of property dealers all over the Lahore, covering all societies and communities, how is that?Recommend

  • No Doomer
    Mar 17, 2017 - 8:09AM

    It is called REIT, it already exists in Pakistan.

    These startups will face lot of legal and regulatory issues. It is better to pivot now.Recommend

  • Uza Syed
    Mar 18, 2017 - 12:53PM

    Most of us who can’t afford kissing our hard earned money should stay far away from this trap. This whole damn scheme smells of greed of this creed produced in elite business schools in great rush instant wealth. This is called ruthlessness at its worst. Where are the regulators who are responsible for such budding scams?Recommend

  • Sami
    Apr 1, 2017 - 1:17PM

    Is it legal? What happens to the money if this company folds? Who is the custodian ? Is it regulated? Too many questions not worth the riskRecommend

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