Hoomzz launches zero-brokerage real estate platform in Chandigarh Tricity

What Hoomzz does

According to YourStory, Hoomzz operates a zero-brokerage real estate platform for the Chandigarh Tricity region, covering Chandigarh, Mohali, Panchkula, Kharar, and Zirakpur. The platform allows users to rent, buy, or sell properties directly without involving brokers or paying brokerage fees.

How the platform works

The platform supports six types of properties, including rental flats, paying guest accommodations (PGs), and builder apartments. Listings are verified and include details such as RERA registration for builder flats, which adds a layer of compliance and trust for buyers.

To prevent misuse, Hoomzz watermarks listing photos and requires OTP verification before revealing phone numbers. Listings automatically expire after 21 days to ensure the inventory remains current and relevant.

Target users and market focus

Hoomzz targets a broad demographic, including users aged 18 to 60 across lower-middle, upper-middle, and high-income groups. Its primary market is the Tricity region, which includes tier-1 and tier-2 cities in India. The platform serves both individual users (B2C) and businesses such as builders and enterprises (B2B).

Operations and legal details

The company is legally registered as Mobinow and is headquartered in Ludhiana, Punjab. It was founded in 2026 and currently employs between 21 and 40 people. Sourabh J. is listed as part of the core team.

What this means

Lazyfounder analysis — our interpretation, not reported fact.

Hoomzz is testing a model that removes brokerage fees from real estate transactions in a specific regional market. For founders in India’s proptech space, this signals growing competition in zero-brokerage models, especially in tier-2 cities where traditional broker networks still dominate. The platform’s focus on verified listings, compliance disclosures, and automated inventory management also sets a baseline for transparency that other players may need to match to remain credible. If Hoomzz scales or attracts funding, it could accelerate investor interest in niche proptech models outside India’s top metros.