- Broker-Free Property Listings
- NoBroker allows users to list, search, and rent/buy properties without paying brokerage fees, saving significant costs for both landlords and tenants 6.
- Rental Agreement Services
- The platform provides doorstep rental agreement services, ensuring legal compliance and hassle-free documentation 1.
- Verified Tenants & Owners
- NoBroker verifies users to reduce fraud risks, making transactions safer for both parties 1.
- Legal & Tax Assistance
- Offers guidance on rental laws, property taxes, and capital gains tax options (e.g., choosing between a 12.5% flat rate or 20% with indexation) 1.
- Short-Term vs. Long-Term Rentals
- Helps landlords decide between rental models based on location (e.g., short-term rentals thrive in tourist hubs like Goa, while long-term rentals are better in metro cities like Mumbai) 5.
- Property Management Tools
- Digital rent collection, maintenance tracking, and automated tenant screening streamline landlord operations 1.
- Commercial & Residential Sales Agreements
- Provides templates and legal support for property sales agreements, ensuring compliance with the latest 2025 regulations 4.
Recent Updates (April 2025)
- Increased User Base: NoBroker now serves over 30 million cumulative users, adding half a million new customers annually 6.
- Expansion in Tier 2 Cities: Growing demand in cities like Pune and Hyderabad has led to increased listings and rental yield opportunities 1.
- Legal Reforms Compliance: Updated features align with new rental laws, including eviction policies and rent control measures 1.
Pros & Cons of Using NoBroker
| Pros | Cons |
|---|---|
| Saves brokerage fees | Requires self-management for landlords |
| Verified listings reduce fraud | Limited in-person support in some areas |
| Digital rent collection & agreements | Higher competition in metro cities |
Conclusion
NoBroker remains a leading proptech platform in India, offering cost-effective, tech-driven real estate solutions. Its April 2025 updates focus on legal compliance, digital convenience, and expanding market reach, making it a strong choice for property transactions.
