Established in 2018, OLE Stays understands the plight of a house owner and a tenant and believes in a renting problems free society where both of them live stress free and independently together. The startup focuses on creating a win-win situation for both where for owners it finds the right tenant, manages the property, gets rent on actual time, takes care of complete furnishing of the property by experts and completes all legal assistance and for tenants it does away with the brokerage, maintenance charges, finds the right flat mate or roommate, provides furniture, proper house cleaning services, immediate services like plumbing, carpentry, electrician and also takes care of the legal assistance like agreement making and legal issues. What makes OLE Stays stand apart from its competition is its diversified service portfolio where it does not charge any brokerage amount, takes complete care of furnishing of the house, provides online assistance and is cost effective with them charging only a month's security deposit from the tenant.
OLE Stays understands the plight of a house owner and a tenant and believes in a renting problems free society where both of them live stress-free and independently together
Challenges are inevitable to any organisation and OLE Stays was no exception to it. Operating in an environment where people take time to accept any new concept proved to be a big challenge for the company but with the company giving its best service to the customers, they were able to fight off those hurdles and emerge as one of the most successful players in the co-living market. Currently servicing in Ranchi and Jamshedpur, the company has achieved 110 plus beds in few months and has achieved 50 lakh plus revenue turn over. “We are planning to expand our operations in Bhubaneswar and Ahemdabad and have decided to add 5000 plus beds in different tier 2 and tier 3 cities. Our goal is to become market leader in providing furnished flat in India and we are also working hard to extend our services to families as well in the near future,” concludes Ar Madhu Rupam,Co-Founder.