Author: Bihar Say | Amrita | From Ranchi to ₹400 Crore: How YourOwnROOM is Changing the Way India Manages Homes What if renting and managing homes could be
What if renting and managing homes could be smooth, tech-driven, and completely stress-free? One man from Ranchi believed it could be—and built a company that now manages properties worth ₹400 crore.
YourOwnROOM is a residential property management company that helps people rent out and take care of homes easily. It works with both individuals and companies that own multiple properties, managing everything from tenant search to rent collection and repairs.
What makes YourOwnROOM different is its use of technology. Everything is managed through a digital platform that brings speed, transparency, and ease to the entire rental process.
As of today, the company:
Manages over 1 million square feet of residential property
Handles more than 400 properties across Bangalore and Pune
Oversees assets valued at over ₹400 crore (about $50 million)
This makes YourOwnROOM one of the fastest-growing PropTech companies in the residential real estate space.
Since its founding in 2016, YourOwnROOM has grown rapidly by offering reliable services and building trust in the rental ecosystem. It is now moving beyond just rental management to become a full-scale residential real estate asset management company.
Here’s what their growth looks like in numbers:
Annual Recurring Revenue (ARR): $1.5 million
Confirmed orders: $10 million
Future business pipeline: $40 million
Revenue goal for this year: ₹15 crore
Strategic B2B partnerships signed: ₹350 crore in Total Contract Value over 5 years
This scale has been made possible by working closely with developers, PropCos, and corporates that own large property portfolios. These long-term partnerships are helping YourOwnROOM expand into new cities while strengthening its core operations in Bangalore and Pune.
A big part of YourOwnROOM’s success comes from its in-house technology platform. Over the past six years, the company has built a system that manages every part of the rental and property lifecycle.
In 2023, the platform was upgraded to become SaaS-enabled. This means developers and property owners across India can now use the platform to manage their own assets more efficiently. It supports tenant onboarding, digital payments, maintenance tracking, and performance reporting, all in one place.
By turning its technology into a service, YourOwnROOM is expanding from a service provider to a product-led business.
Behind this fast-growing company is a founder who never forgot where he came from. Prabhat Kumar Tiwary, originally from Ranchi (then part of undivided Bihar), studied at the prestigious Stanford Graduate School of Business in the United States.
Despite having opportunities abroad, he chose to return to India with a clear purpose—to solve real-world housing problems. He saw how unstructured and stressful renting and property management could be in Indian cities. That’s when he decided to launch YourOwnROOM.
Today, as the Founder and Group CEO, Prabhat leads a company that’s not only solving rental problems but also building a platform that benefits thousands of homeowners, tenants, and developers.
His journey from Ranchi to Stanford to building a ₹400 crore PropTech business is proof that with the right intent and innovation, powerful change can come from anywhere.
Looking ahead, YourOwnROOM plans to:
Achieve its revenue target of ₹15 crore this year
Onboard more B2B clients through its platform
Expand into new cities beyond Bangalore and Pune
Continue upgrading its technology for scale and ease of use
Become India’s leading residential real estate asset management company
With strong leadership, solid numbers, and a reliable tech platform, the company is well-positioned to grow even further.
YourOwnROOM’s story is a strong reminder that big ideas can start in small towns—and scale nationally with vision and persistence.
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