Managing Property from Miles Away? This Gurugram - Based Startup Has It All Figured Out
In the fast-moving world of real estate, managing a property from afar can be a challenge. We 'The Realty Today' knows how many startups are here to help people take care of their property remotely. NRIs and remote investors often struggle with tenant issues, maintenance, and legal hassles while being miles away. With over 11 million vacant homes in India’s top cities, many properties remain unused. But what if handling everything was as simple as using an app?
That’s exactly what Propdial set out to solve. Founded by Vinay Prajapati and Gopal Mishra, Propdial is changing the way people manage their properties, offering a one-stop solution that takes care of everything from finding tenants to collecting rent and handling repairs. What started as a response to India’s unstructured rental market has now become a platform that gives property owners complete peace of mind.
Quick Facts About Propdial
- Founded: 2017
- Co-founders: Vinay Prajapati (CEO) & Gopal Mishra (COO)
- Presence: PAN India, serving customers across 45+ countries
- Properties Managed: Thousands across multiple cities
- Funding Raised: $500,000 (seeking $2-3M in Pre-Series A round)
- Key Partnership: Housing.com
- Customer Base: 70% of properties under management belong to NRIs
- Growth Plans: Expanding to 12 states and 30 cities within the next 2-3 years
- Services Offered: Tenant search, rent collection, property inspections, maintenance, legal support, and more
- Tech-Driven: Digital dashboards for real-time property updates
Why Managing Property from Afar Feels Like a Full-Time Job
For years, property owners had to rely on brokers, relatives, or friends to look after their homes—an arrangement that often led to delayed rent payments, unreliable tenants, legal issues, and in some cases, even illegal occupation. Recognizing this challenge, Prajapati and Mishra created Propdial to be a single, reliable touchpoint for property management. Whether it’s screening tenants, signing lease agreements, or ensuring regular maintenance, the platform handles everything so owners don’t have to worry.
“The real estate market in India lacked professional property management solutions for remote owners. People were relying on informal networks, which led to a lot of problems. We wanted to change that,” says Vinay Prajapati, Co-founder and CEO of Propdial.
The need for such a service became even more obvious during the COVID-19 pandemic. Travel restrictions made it nearly impossible for NRIs to visit their properties in India, making remote property management a necessity rather than a luxury. “Seventy percent of our properties under management belong to NRIs,” says Prajapati. “They used to depend on friends and family, but the pandemic showed them that wasn’t a sustainable solution. That’s when demand for professional property management surged.”
The Propdial Way – Turning Property Woes into Wows
Today, Propdial operates across multiple cities, offering services that go beyond traditional property management. The platform provides rigorous tenant background checks, digital lease agreements, quarterly property inspections with photos, and 24/7 maintenance support. This ensures that every property is well cared for, even when its owner is thousands of miles away.
“Our goal is to make property ownership truly trouble-free,” says Gopal Mishra, Co-founder and COO. “From finding the right tenant to handling maintenance and legal formalities, we take care of everything so that owners don’t have to.”
And Propdial is just getting started. With the rise of PropTech (property technology), the company is gearing up for aggressive expansion. It has already secured $500,000 in initial funding and is now looking to raise an additional $2-3 million in a Pre-Series A round to grow its operations, enhance its technology, and expand into 30 cities. Strategic partnerships, including a collaboration with Housing.com, are further boosting its reach and credibility.
Despite its digital focus, Propdial’s biggest strength remains trust. “Many of our existing customers have become investors in our recent fundraising round,” says Prajapati. This shows just how much confidence people have in the platform.
What’s Next? Making Property Management Even Easier
Looking ahead, Propdial plans to introduce new services like key management and move-in/move-out inspections, expand into more cities, and continuously improve its technology. For NRIs and remote property owners, this means they no longer have to stress about their properties. Propdial ensures everything is taken care of.
With technology at its core and customer trust as its foundation, Propdial is proving that managing a property from a distance can be simple and stress-free. The question now isn’t whether NRIs and remote owners will embrace this change, it’s how soon they’ll make the switch.
