NoBroker’s Future Is Beyond Home Listings, But Will Profits Follow?
NoBroker’s Future Is Beyond Home Listings, But Will Profits Follow?
From a brokerless property platform, NoBroker is pretty much like a real estate brokerage today — with home loans, real estate services and home services becoming a key focus beyond listings and rentals
According to cofounder Saurabh Garg, ancillary businesses like financial services and home services combined now contribute nearly 50% of total revenue, though the company has not filed its financials in the past two years
NoBroker is targeting profitability in the next 12–15 months, but it has stretched itself to multiple verticals where it faces stiff competition from players with entrenched operations
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“FY26 was a good year for us. The effort was to make sure that we balance growth and profitability,” Saurabh Garg, cofounder and chief business officer of NoBroker, tells Inc42.
NoBroker, which claims to be India’s largest proptech platform, has spent a decade arguing that keeping nearly 90% of its users free is not a flaw in the business model; it is the business model. What has changed is what sits on top of that free layer. And indeed, now, it seems NoBroker is making a big push for monetisation with multiple services bundled on top.
NoBroker, which claims to be India’s largest proptech platform, has spent a decade arguing that keeping nearly 90% of its users free is not a flaw in the business model; it is the business model. What has changed is what sits on top of that free layer. And indeed, now, it seems NoBroker is making a big push for monetisation with multiple services bundled on top.
Garg claims NoBroker recorded over 1 Lakh real estate transactions in March 2026 alone, with the home services business clocking in 1.5 Lakh orders, quietly overtaking........
