Eqaro Guarantees, a monetary establishment that gives surety options together with Nestaway Technologies, India’s quickest rising “Managed Home Rental Network” have introduced a disruptive partnership whereby, Eqaro Guarantees will concern rental bonds to landlords on behalf of tenants at Nestaway Technologies. The initiative between each corporations will goal the complete tenant neighborhood together with households, working professionals, and singles.
This facility will initially be made accessible in Bangalore, Mumbai, and NCR, adopted by different cities the place Nestaway applied sciences are current. With this partnership, the tenants would have choices in order that they might select in keeping with their price range and private preferences. There is not going to be any burden on the landlords to search for credit score verified tenants, conduct background checks, and chase tenants to pay their dues on time.
Pankaj Bhansali, COO & CBO, Eqaro Guarantees stated, “We are excited with our partnership with Nestaway Technologies. Work from home has become a permanent trend in some segments increasing the need for hassle-free tenancies. This alliance will make homes accessible to prospective tenants without the need for any security deposit while at the same time providing landlords with credit verified and assessed tenants. Rental bonds are superior to the traditional cash deposits and help tenants carry forward the benefits of a good tenancy track record to their subsequent tenancies.”
Amarendra Sahu, CEO, Nestaway Technologies stated, “As leaders of the charge to strategically bring order to an unorganized residential rental market, we look at this partnership as another step in that direction. We hope it will simplify landlord-tenant relationships and further boost the quality of our customer experience.”
Eqaro Guarantees affords monetary safety within the type of assure and surety to challenge homeowners, provider principals, landlords, and model homeowners alike, defending them from monetary publicity to their contractors, purchasers, sellers, tenants, or franchisees. Nestaway, based in 2015, helps city migrants overcome obstacles and biases whereas looking for a rented residence of their alternative.
Source: www.financialexpress.com”