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Technology and Transparency Target Affordable Land Buyers

Technology and Transparency Target Affordable Land Buyers
Can technology and transparency change the way people make big financial decisions? · wionews.com

Many people in India want to buy a small piece of land instead of an expensive home.

Buying land can be difficult because buyers must trust the seller and check many legal papers.

A. K. Infradream says it tries to make this easier by selling affordable plots and explaining the process clearly.

Its first project offered 900-square-foot plots for Rs 51,000.

The company also uses websites and digital communication to share information with customers.

However, technology cannot guarantee that a property is legally safe.

Buyers still need to check ownership papers, approvals, land records and registration details themselves.

The company began in 2018 and later said it expanded into several states.

Its founder says long-term customer relationships are more important than expanding too quickly.

Key facts

Company
A. K. Infradream Limited
Managing director
Himanshu Kumar Kushwaha
Incorporation
2018
First project
A project near Meja NTPC
Plot offering
900-square-foot plots priced at Rs 51,000
Stated priorities
Transparency, documentation, communication, infrastructure and customer satisfaction
Reported expansion
Uttar Pradesh, Madhya Pradesh, Bihar and Jharkhand

Sources

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