Startups bring property due diligence up to speed
Financial Express Mumbai|January 01, 2024
Deeptech helps bring clarity to land ownership and reduces disputes
SUDHIR CHOWDHARY
Startups bring property due diligence up to speed

ENABLING SMARTER REAL-ESTATE TRANSACTIONS

MORE THAN TWO-THIRDS of the cases pending in different courts across the country are related to land disputes. Verifying a land ownership document or obtaining an encumbrance certificate - a key document demonstrating that a property has a clear and marketable title, free from any economic or legal liabilities - can be a time-consuming endeavour, typically requiring multiple trips to the respective state's land revenue department to access and authenticate the necessary records.

Hyderabad-based Landeed claims to streamline this process by offering swift access to these documents. The proptech venture, started in 2022, has developed its unique property title search engine that empowers users to perform unlimited searches for a fixed monthly fee. Users can input property details and gain instant access to all pertinent documents, including maps, from various departments.

Through its app, Landeed equips individuals, landowners, legal advisors, real estate professionals, and organisations to navigate property ownership complexities. With over three million installations on iOS and Android devices, this proptech startup has achieved significant user adoption. It now covers property documents from over 20 states.

Data for smarter decisions

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