As the real estate industry evolves significantly each year, technology is remodelling how real estate is bought, sold, and invested in. However, while there are great strides in digital technology, the sector can be quite segmented, with the various actors, from developers to buyers, consultants, financial institutions, and service providers, engaged in distinct ecosystems. Empowering this is just about innovation; it is an approach that harnesses cooperation, openness, and trust.
At the forefront of this change is Ankit Sachdevaa, the founder & CEO of Hobnob Realtech, a leader in technology-driven transformation of the real estate industry. Ever since the inception of Hobnob Realtech in 2021, Ankit has aimed at building a stand-alone platform where each and every stakeholder can easily connect and collaborate indefinitely. and grow. His vision goes beyond the mere act of purchasing property, recognizing the goal of streamlining the entire real estate journey indefinitely. His vision is broader than an actual transaction; it's about making the real estate process as easy and intelligent as possible, partnering with people, solutions, and technology to make that possible. In this exclusive Founder Spotlight, Ankit Sachdevaa shares the vision behind forming Hobnob Realtech, talks about how the role of technology is changing within the real estate ecosystem, reminds everyone about the need for trust and transparency, and also throws a glimpse of his long-term planning to make Hobnob Realtech one of the most integrated real estate ecosystems in India. For aspiring entrepreneurs, industry trends, and enthusiasts of the proptech sector in general, his entrepreneurial journey provides insights worth noting.
Who is Ankit Sachdevaa?
Purchasing real estate is always one of the most relational businesses around the globe. Whereas industries like banking and retail, travel, and healthcare have found numerous ways to leverage technology, real estate crisscrossed by complex workflows and siloed players has generally been on the fringes of that revolution. For years, developers were hampered in finding the right buyers, customers were hard to reach and interview, and consultants had a limited network of inventory and opportunities available. There was no common platform in the industry on which to collaborate efficiently. For Ankit Sachdevaa, this meant a problem wasn't a problem. Ankit, the Founder & CEO of Hobnob Realtech, is working towards a vision that goes beyond house buying and selling. He wants to foster a technology-driven ecosystem where developers, buyers, consultants, financial partners, interior designers, and service providers can all do their things within a single technology platform.
Established in 2021, Hobnob Realtech emerged from a poignant yet bold concept, connecting together all the stakeholders to make real estate easier. Many businesses look at just transactions, but Ankit sees the future of real estate as going beyond making this an integrated experience. Home buying is, endlessly and seldom, a single event. There are buyers who must be financed, developers who demand visibility, consultants who require inventory, and customers who require confidence. It's no longer sufficient to solve this part of the puzzle. As part of Hobnob Realtech, Ankit is shaping the ecosystem that forges transparency, efficiency, and trust in the real estate journey. Watch as Ankit unravels his entrepreneurial journey, his vision for real estate's future, and why he is convinced that technology has a pivotal role in realizing the next generation of real estate deals.
Q1. Real estate is a very competitive industry, Ankit. How did you get the idea to create Hobnob Realtech?
I saw some gaps in the real estate market and made myself inspired by them. On closer examination I came to see the fact that everyone in the industry worked on their own. There were their own systems for the developers. There were networks amongst consultants too. It was a challenging purchase for buyers to see what was available. Out-of-market contact with financial services and financial discovery were disconnected. Being such an active member in the industry, I knew something had to be wrong and thought I could find a better way. Hobnob Realtech's concept was to build a space where all the parties would be gathered in the same ecosystem. Instead of customers having to deal with various service channels and service providers, we wanted to be one company that they could converse with and also get what they required in the course of their property buying journey. It was never just about the business of selling homes. It was just about making everything easily understandable.
Q2. What is Hobnob Realtech in today's world?
Hobnob Realtech is more than just a real estate firm in my eyes. We are developing an integrated platform for people, opportunities, and services. Our goal is to simplify, expedite, and clarify the process for those who are looking to buy, sell, lease, finance, design, or invest. Technology is a key enabler to reaching that goal. We can now bring everyone involved onto one platform in order to cut out inefficiencies, increase communication, and improve results for the stakeholders involved. Hobnob Realtech is essentially a convenient system that won't give in to the siren call of distrust.
Q3. What are some of the most prominent issues in the real estate market today?
Fragmentation is one of the most challenging issues. The industry involves several players that invariably act separately. This can be problematic, slow, and confusing to the customer. One of the obstacles is transparency. Verbal communications are essential to the buying process. When developers go for leads, they want to have qualified leads. Consultants desire dependable stock. However, there are major challenges in communication and management in information sharing. Technologies can help solve many of these challenges, but it does take an understanding of industry dynamics to do the job right. That is why we concentrate on developing answers that are practical, user-friendly, and also suitable to the real business requirement.
Q4. What are the advantages of technology to real estate?
Technology is playing a key role in revolutionizing the methods people use to find, assess, and buy homes. Technology is tarnishing the way that individuals are looking for, appraising, and acquiring homes. Today's customers expect convenience. Information is what they want, and they want it now. They want to be kept in the loop. They are looking for a digital experience that makes the decision-making process easy. All of these results are supported by technology. I just don't feel that using technology should have replaced relationships but should complement them. Real estate is still a people industry. Always trusting would be important. Organizations that manage to integrate digital efficiency and human support are set to rule the future.
Q5. Many startup businesses are more engaged in growth. How have you created Hobnob Realtech?
Growth for me has always been a consequence of creating value. We’ve paid more attention to ensuring strong foundations that are not just about building upward and outward. Substantial time is dedicated to understanding customer needs, streamlining the processes, and solidifying connections with developers, consultants, and business partners. Growth would follow if you create value for all parties time and time again. Slow and steady growth is better.
Q6. In the context of real estate, what does trust mean?
Trust is everything. For individuals, a property purchase may be one of the main monetary choices that they’ll make. Individuals must be trusting of the information they're getting. They require trust in the professionals that they have to work with. They must have confidence in the process itself. If people did not trust each other, there would be few or no transactions. Hence, we continue to uphold the principles of transparency. We strive to ensure that our customers are informed, empowered, and confident on their journey.
Q7. Any leadership lessons to teach?
Learning to adapt to circumstances is one of the greatest lessons to be learned. Markets change. Customer expectations evolve. Technology advances rapidly. Leaders have to be willing to learn and be open to change. I have picked up other key concepts about team building too. The founder does not prevail on his own. Good organizations are established by individuals that have a common vision and that have a will to build it toward a significant goal. Leadership is all about helping people to do their best.
Q8. In what ways has Fixnhour assisted your business?
I liked how Fixnhour took the initiative to personalize and believe in itself. In the digital world, businesses require more than just visibility. They need trust. Fixnhour enables businesses to present their history, knowledge, reviews, and results in a significant way. Being an open booker and a good communicator, it is important for me to think of ways for businesses to build relationships with future customers and partners, and websites such as Fixnhour fit the bill. The focus of trust and credibility is very similar to our values at Hobnob Realtech.
Q9. What are your plans for Hobnob Realtech in the near future?
Our goal is to be the most trusted and comprehensive real estate solution. We're looking to provide a space where all stakeholders can meet in a seamless, transparent manner: developers, buyers, consultants, financial institutions, and service providers. The connected ecosystems will shape the future of real estate, not the stand-alone services. We want to change the real estate experience for people using technology and a commitment to trust. It's more than just developing a business. It's really a matter of changing an industry.
Final Message to Entrepreneurs
Being an entrepreneur is a challenging and demanding task that demands patience, resilience, and lifelong learning. Chances for success do not occur instantly. It is constructed with diligent care, careful consideration, and an honest desire to address real, salient issues. Hone your value creation skills. Emphasize the trust-building aspects.
Think about how you can provide greater service to your customers than to anyone else. Doing those over and over and over will result in growth and opportunity. When you are a founder that establishes for cause, not tendency, you are destined for the future. That's a path we must (some may say should) continue to explore. This one sounds like it comes from a founder's perspective, has a focus on building an ecosystem, on technology, transparency, and trust, and is much more likely to be featured in a business magazine than a generic founder interview. Contact us today know more
