Roomskart Success Story: How a PhD Dropout Built a ₹200 Cr Real Estate Empire in Bengaluru

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TheStartupStories

01.07.2025

Roomskart Success Story: How a PhD Dropout Built a ₹200 Cr Real Estate Empire in Bengaluru

In India’s bustling startup ecosystem, Roomskart has emerged as a bootstrapped marvel, revolutionizing property management and real estate services in Bengaluru. What started as a side hustle for a PhD student has evolved into a multi-crore business managing over 2,000+ properties worth ₹200 crore—and it’s just getting started.

From PhD to Property Pioneer

Roomskart was founded in 2019 by Shazin Aboobacker, who came to Bengaluru to pursue his PhD at Christ University. With a keen eye for opportunity and a strong desire to solve real estate problems for NRIs, he began cold-calling property owners to help them find reliable tenants. Armed with just eight properties, he launched Roomskart.com and managed the operations solo—from marketing to tenant onboarding.

Taking the Leap: From Academia to Entrepreneurship

As conversions started growing steadily, Shazin faced a critical decision—continue academic research or dive fully into Roomskart. He chose the latter, dropping out of his PhD program to commit to building a full-fledged property management company. That pivotal move laid the foundation for one of Bengaluru’s fastest-growing real estate tech startups.

Growing the Team and Client Base

In the first eight months, Shazin onboarded two crucial team members who helped build strong owner-tenant relations. Today, Roomskart employs over 20 professionals across departments like Sales, CRM, Quality Control, and Project Management. Their 100% client retention rate highlights the company's commitment to service excellence and transparency.

What Does Roomskart Offer?

Roomskart isn’t just about renting spaces—it offers end-to-end property solutions. Their diverse service portfolio includes:

  • Property Management: Tailored for NRIs and local owners, covering everything from leasing to legal paperwork.
  • Rental and Resale Assistance: Helping property owners maximize value.
  • Home Maintenance: Timely repairs and upkeep handled professionally.
  • Interior Design: Custom setups to enhance property appeal.
  • Serviced Apartments: Fully furnished living spaces for short stays.
  • Private Office Spaces: Affordable workspaces under Roomskart Workspaces, designed for startups.
Bootstrapped and Profitable

Unlike many startups, Roomskart is completely bootstrapped and has scaled without external funding. This independence has enabled faster decision-making and sustainable operations. Their model focuses on profitability and customer trust—two aspects often overlooked in the hyper-growth startup scene.

Expanding Beyond Bengaluru

Roomskart has big ambitions. The company has started preparing a trained team in Ernakulam, Kerala, as part of its expansion plan. By entering Tier-1 and Tier-2 cities, Roomskart aims to tap into a broader property management market with similar urban rental demands.

Roomskart Workspaces: A Gamechanger for Startups

In a strategic move, Roomskart launched Roomskart Workspaces, offering budget-friendly office spaces starting at ₹25,000. Targeted at startups, this initiative provides plug-and-play offices that include internet, housekeeping, and meeting room access—making it ideal for young founders looking for cost-effective setups.

Future Plans: Entering Hospitality

Roomskart isn’t stopping at real estate. It is planning to venture into the hospitality industry by launching fully managed hotels and resorts. This will cater to both business and leisure travelers, adding a new dimension to Roomskart’s growing service portfolio.

Wrapping Up

Roomskart’s story is a powerful example of how vision, grit, and customer-first thinking can disrupt even traditional industries like real estate. From a one-man show to a 20-member team managing ₹200 crore in assets, Roomskart stands as an inspiration for budding entrepreneurs. And with ambitions to cross ₹10 crore in revenue this fiscal year, its best days are still ahead.

Frequently Asked Questions (FAQs)

Q1. What services does Roomskart offer?

Roomskart provides end-to-end real estate solutions including property management, rentals, resale, home care, interiors, serviced apartments, and startup office spaces.

Q2. Is Roomskart suitable for NRIs?

Yes, NRIs can rely on Roomskart for comprehensive property oversight, tenant sourcing, and maintenance in Bengaluru.

Q3. What is Roomskart Workspaces?

Roomskart Workspaces is a co-working solution offering private office spaces for startups, starting at just ₹25,000 per month.

Q4. Is Roomskart planning to expand beyond Bengaluru?

Yes, the company is preparing to launch in other metro cities, starting with Ernakulam, Kerala.

Q5. How can I get in touch with Roomskart?

You can visit their official website at https://roomskart.com for inquiries and support.

RoomskartReal Estate StartupProperty ManagementShazin AboobackerBengaluru StartupsNRI Property ServicesOffice Spaces BengaluruStartup WorkspacesHospitality VenturesIndian Real Estate Innovation