PropTune

Elevator Pitch: Imagine finding your dream home or investment property faster than ever before. PropTune uses advanced AI to understand your unique needs, offering tailor-made real estate recommendations in real-time, simplifying your search and making decision-making seamless. Say goodbye to endless browsing and welcome to a future where finding the perfect property is just a click away.

Concept

AI-driven personalized real estate recommendation platform

Objective

To provide highly personalized real estate recommendations to diverse user types using advanced AI techniques.

Solution

Implementing the RE-RecSys model, categorizing users based on their interaction history, and employing a mix of rule-based, content, and collaborative filtering approaches for personalized property recommendations.

Revenue Model

Subscription fees from real estate agencies, advertisement fees from property listings, and premium memberships for users.

Target Market

Real estate agencies, property buyers, and renters across major cities initially, with plans to expand globally.

Expansion Plan

Start with major Indian cities, followed by scaling to other countries, integrating more property types and expanding user customization options.

Potential Challenges

Data privacy concerns, maintaining low latency with database scaling, and ensuring the accuracy and relevance of recommendations.

Customer Problem

Difficulty in finding properties that match personal preferences and requirements efficiently.

Regulatory and Ethical Issues

Adhering to local real estate laws and regulations, ensuring data protection in line with GDPR and other privacy laws.

Disruptiveness

PropTune aims to transform the real estate search process by offering a fast, personalized property discovery experience unlike traditional listings.