Constrap
Live hassle free
Idea/Startup Description and USP
Constrap :
Constrap is a platform where an individual can build their dream home without compromising quality ,quantity and time just by sitting
anywhere, basically our startup provides all the types of service what takes a home to be built from raw materials to interior design.
We are trying to fix customer dissatisfaction with local contractors or builders who take hold of money from customers still build poor
quality infrastructure and make customer unsatisfied. Also we provide rent homes or rooms list to the people who are in search of rent.
Value proposition for users - Better quality materials, fast and cost-efficient building homes, offer various services like interior designs,
Time efficient build , transparency of whole process to customers.
USP: Bringing informal sector of construction homes to formal sector , first mover advantage, services like renovation ,selling and
suggestion for buying a new home and aggregating customers to bank for home loans , rent homes or rooms,
Target Customer and size of target market
Growth and potential of target market
By 2023, real estate market will grow to Rs. 65,000 crore (US$ 9.30 billion) from Rs. 12,000 crore (US$ 1.72 billion) in 2019. Real
estate sector in India is expected to reach US$ 1 trillion in market size by 2030, up from US$ 200 billion in 2021 and contribute 13% to
the country’s GDP by 2025. Retail, hospitality, and commercial real estate are also growing significantly, providing the much-needed
infrastructure for India's growing needs.
India’s real estate sector saw over 1,700 acres of land deals in the top 7 cities in 1 year. Foreign investments in the commercial real
estate sector were at US$ 10.3 billion from 2017-21. As of February 2022, Developers expect demand for office spaces in SEZs to
shoot up after the replacement of the existing SEZs act.
Detailed Revenue Model
This slide should contain the revenue model of the startup, how you aim to earn revenue from the business. Please also explain the
headers, instead of one-word headings.
Sample answer for Uber:
1
Commission from rents: constrap takes some % of commission from users payment for acting as a broker. This varies from 10.
20%
Ad revenue : As there will be many people who will be visiting our app to discover home loans and various home related
2
suggestions and home building purposes displaying ads would bring major income source by tracking user accepted cookies.
.
Tenants commission: Constrap charges from tenants for delayed payment of house rent and breaching contract.
Posting fee: Posting home rents on our apps charge 4-7% of actual rent cost.
3
Customer satisfaction: This will form as a donation to their customer satisfaction.
.
Discounts on raw materials: Buying huge bulk of materials which required to build house will cut the cost levels and in order this
4
will form the base to collect money
.
Home lease: This will form of around 30-35% of rent cost.
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6
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7
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Stage of startup and future plan
This slide should contain the current stage of your startup(ideation, prototype, revenue etc). Please explain in detail what you are
currently doing on the startup, as well as future plans for the startup.
Sample answer for Uber:
My startup brings informal sector of home and infrastructure of apartments building into formal sector and helps customers to build a
home of their dream in just click through digital app. And also provides various services such rent , repairs such tap water leakages
electricity related and furniture etc. Also it provides various renovation models for home and office too.
Future plans: Looking to reach all the possible and potential customers who are interested to build their homes in less possible time
and with cost-efficient ,using quality materials and expanding our services to various cities and pooling customers by spreading
awareness of our hassle free service.
Team Members
CH. Tharun Sai
Full stack web developer and
Sree Harish
Front end and ML developer.
Android app developer
Front end web developer as well as
As a team leader and an
entrepreneur I find ways and
strategies to build my
company as competitive as
possible.
Machine learning developer with
Ellu Rushikeshwar
engaged and also try to build a
Account Manager
Efficiently manages all the
financials details and discovers new
strategies for revenue and cost
efficient model.
my skills i try to understand current
trends of app and web interface as
well as algorithms to stay users
great platform for customers.
Retention Marketing
Customer retention is very crucial in any business that hopes to thrive in a highly competitive and flooded business market.
Attraction of customers is said to be more difficult than retention and this is where the issue of customer relation
management comes in. Research shows that retaining one existing customer is six to seven more times profitable than
attracting a new one.
We have many strategies to retain our customers as we are bringing informal sector of lending houses, rent and building
homes to formal sector through digital app and website.
1.Customers can book and pay their tenant fee on our app hassle free.
2.AI chat bot to interact & 24/7 customer support.
3.Mailing customers on their budget plans and attractive offers so that they can be well informed.
4.All type of models and infrastructure ideas includes government schemes nad instant aggregating with bank for
customer loans.
5.Customer satisfaction on top priority.
6.Home services such as tap repairs , electricity wire repairs etc can be done.
7.In short for retention our app will be working as a tool for any problem related to building, buying , renting ,renovation
of homes.