New
Delhi, November 13, 2021.
Makemyhouse.com an
online architectural services platform provides a customized experience to
everyone. The platform has a large collection of house plans and elevations to
choose from which are entirely free to browse for the next home-building idea.
Once a user/consumer likes an idea, it is easy to convert it into a complete set
of drawings by adding that plan to your list. The User can directly use these
designs to build or redecorate their house without hiring an architect. The app
can also be used to create a customized house plan at a fraction of the cost
suitable for the consumers.
Reflecting on their
journey, Mr. Husain Johar, Founder and
Creative Head, Makemyhouse.com India Pvt. Ltd, said that, ‘Our
passion for designing coupled with the existing gaps in the industry and a
large addressable market, inspired us to start Makemyhouse.com. With over 11 million new homes expected to be
built by 2025 and around 13 million houses are not serviceable and needs to be
restored. India is going to be third largest
construction market by 2025 and The real estate sector is expected to touch $1
trillion and is going to be third largest employer after agriculture and
manufacturing and a rapidly growing interior market, the opportunity for
industry professionals including architects, interior designers, and civil
contractors, is enormous. With Makemyhouse.com and its online-only approach, we
are helping these professionals generate income irrespective of geography.
Project owners, on the other hand, can build/renovate their homes or offices
efficiently and cost-effectively. With over 14,000 projects completed and a
loyal customer base of 14,000 customers, we have generated a revenue of Rs. 10
Crore and we hope to emerge as the leading player in the online architectural
services segment in 2 years.”
Makemyhouse.com today
announced record business growth driven by its expansion across the industry,
and its vision for smart service development and delivery. Over the past year,
Makemyhouse.com experienced a 60% increase in active recurring revenue,
including a 36% expansion of existing customer ARR. Makemyhouse.com also grew
its workforce by 30%.
The expansion strategy
of Makemyhouse.com going ahead is to increase revenues by augmenting the
headcount. The company is poised to grow its topline at a CAGR of 8% on a YoY basis
in FY 2021-22 with a headcount
growth of 15%.