October 2020 \ Business & Investment \
Nestaway eyes small-town India

As the ongoing pandemic triggers reverse migration ...

"While our existing model works best in busy pockets of the city and offers a full-stack service to make living easier, post-COVID-19, customers want less rent and less services," he added. Reports claim that the reverse migration is as high as 50 per cent in cities like Bengaluru with over 30 per cent of homes now lying vacant.

"That is why we are taking the decision to add a franchised version of our services so that local entrepreneurs can customize it as per the need of customers in their geographies," Sahu said in a statement. As part of this new model, the independent property managers would have access to the same product, technology and know-how as the existing on-roll property managers.

Related News.