Top Story

e4m_logo.png

Home >> Digital >> Article

NoBroker office attacked by brokers

16-September-2015
Font Size   16
NoBroker office attacked by brokers

The office of NoBroker in Bangalore was attacked by brokers yesterday.

Around 40-50 brokers gathered and tried to take forced entry in the office premises with the intent of damaging property, battering employees and disrupting work. When the founders and some employees tried to stop them, the brokers resorted to verbal and physical assault. NoBroker is a disruptive broker-free property search portal that connects flat owners and tenants directly with each other by eliminating the middleman. 

In a press statement, the company states the following:

When some of our employees got assaulted, despite attempts of peaceful discussion, NoBroker informed the police who came in and prevented the situation from getting worse.

We at NoBroker are committed to the safety and security of our employees at all times. Having said that, the formidable team at NoBroker will continue the disruption via technology and help our customers save brokerage. In the age of internet and mobile penetration, this assault in an attempt to hamper technology based evolution. This is clearly an indication of the disruption that NoBroker is causing in the real estate market which is leading to huge savings for the customer and the pinch is felt by the brokers.

We are committed to the cause of addressing the information asymmetry in the real estate sector. We have successfully democratized the rental space with the help of technology and the validation of our belief is that today we are the world’s largest ‘Peer-to-Peer’ ecosystem in real estate with 3 lakh user base. We are currently helping our customers save more than 15 crores of brokerage every month across 4 cities (Mumbai, Bangalore, Pune & Chennai). 

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

In terms of affiliates, India ranks on the top. Spurred by the fast growth of mobile users and hence internet users, there are millions of websites, apps, WAP-sites and blogs using affiliate marketing...

Insecurity in the workplace due to the idea of AI encroaching on your job, or being sidelined at work because of your small town background? Sandeep Goyal has the right answers to help you deal with w...

As National Sales Head at News18.com, Ashish aims to bring on board a maximum number of advertising partners and consolidate the network’s position as a leader in the space.