About Us

Your Vision Unrestricted

Welcome to Mekalas Ventures!

Mekalas Ventures Acres is a disruptive real-estate platform that makes it possible to buy/sell/rent a house without paying any brokerage

Mekalas Ventures was started because all of us believed that paying hefty brokerage cannot be the only option to find a new home. As tenants, we have been paying these brokerages year on year without seeing any advantage of the broker. The only reason he existed was that there was a huge information asymmetry in the market. Mekalas Ventures is a platform that removes this information asymmetry and provides a marketplace for free exchange of this information that used to cost 1-2 months of rent as brokerage.

We have done 2 things to help you find that perfect home:

Firstly, we have painstakingly verified each listing and made sure that these are direct owners or shared accommodation parties and there are no middlemen or brokers. We use lot of heuristics and techniques to ensure that you get a totally broker free list.
Secondly, we have also tried to ensure that maximum information is available to you in as easy to use format. This ensures that you get a very good idea of the property even before you visit it. Thus, you can shortlist flats sitting at the comfort of your home without actually traveling all the good and bad properties. This saves your time and effort and with a quick shortlist of 4-5 properties you can actually get a house in few hours!

If you are a landlord interested in posting your apartments to Mekalas Ventures, please email us at hello@mekalasventures.com and we will get in touch to help you list the property.

And tenants, happy hunting and get in touch with us to let us know how else we can help!

Additional Features

Mekalas Ventures provides you a one-stop shop for all paperwork and documentation processing, relating to lease agreement registration, bank franking, police verification and society approvals.

We have a network of real-estate executives who will assist you in completing a hassle-free transaction at the cost of a small service fee. This service can be availed both by the owners or the lessee by dropping us a note at: hello@mekalasventures.com

We will do following on your behalf:

Prepare draft of Leave & License agreement between both the parties as per legal requirements

2. After approval from both parties, get the document stamped

3. Execute the agreement between both parties

4. Enter the agreement details online for registration

5. Book an appointment on your behalf

6. Complete the process on registration day with you.

Basically we will ensure that you get the rental agreement registered without any hassle.

Why you should list with us?

Mekalas Ventures rental platform lets you find tenants without any broker acting as a middleman. Apart from the fact that this can be much more convenient and safer (you don’t have to handover keys to an unknown person) it will help you save time and money.

Most brokers don’t filter people and end up showing houses randomly. This would mean that only when you meet the tenants you would come to know if that person would not fit in the society rules. This leads to lot of inconvenience and wastage of time. Also, brokers hoard the information and create the information asymmetry. They decide who should not see your house because there is another landlord who may give him little extra brokerage. While in case of Mekalas Ventures, you would be speaking to the potential tenant before you actually show him the house. Even the key can be kept with the society secretary if you do not want to go to the house every time the tenant wants to see. Many landlords also fix up a day and time when they are there and all tenants can come and see the house in that time.

Also, you end up saving on brokerage that is anywhere between 15 days to 2 month’s rent. Some brokers also charge this every year. When both you and tenant are not paying the brokerage, tenants are also willing to pay a little higher rent. So, you can expect to get 2-4% higher rent as compared to what brokers may get you. It’s a win-win for both the landlord and tenant.

The listing is very simple and intuitive. It would take less than 5 minutes and post that we just verify to make sure that no broker is listing. We also use innovative and easy technology like whatsapp to help you list your property. If at any stage you need any guidance, you can always speak to our customer service manager. We also make sure that any person listing as tenant is not a broker, and thus you do not get any of those pesky calls. Once the listing is done, you would start getting enquiries from genuine tenants.

Benefits of Mekalas Ventures

108 Acres rental platform lets you find your dream house without any broker acting as a middleman. This is the most convenient way of finding your house without paying hefty brokerage.

Mekalas Ventures helps you in 3 ways:

We make sure that each property is verified and directly from owner. So, you can save on the brokerage that varies from 15 days to 2 month’s rent. And most brokers charge this every year even if you are renewing the same property.

All the information is available in a well-organized manner with photographs and a detailed analysis if the surroundings. You can locate where is the nearest school, grocery shop, ATM etc. This information will help you shortlist the property without taking an effort to visit the actual site. In case of brokers, they just want to make sure that the property goes out fast. They would therefore show you properties without even thinking if it would suit your requirements. It would mean that you would end up visiting lot more properties and realizing as soon as you reach there that this is not what you would want. With 108 Acres, this convenience comes at no cost and saves you lot of time and effort.

Brokers hoard information and create information asymmetry in the market. They would ideally want that the not-so-good houses should go first as the good houses would anyway have lot of takers. Therefore, they would always show you bad houses first and only when you reject all of them would they start showing you better houses. In 108 Acres, there is no information asymmetry. All houses inventory is available for you to pick and choose. It is on first-come-first-serve basis. This is a big advantage that makes the market transparent and efficient.