Home rental platform, Hubloft, aims to help homeowners make money

Founder-Partner of Hubloft, Raitaan Nayeem, says the business model of the home rental platform allows owners control over their assets while also procuring income.

Hubloft, a tech-enabled home rental platform based in Kochi, has come out with an offer to home-owners that gives them an opportunity to earn through short-term rentals.

By letting out their unused but fully furnished homes to paid guests, home-owners can not only receive an income, but also ensure that their homes are at their disposal in case they need it for personal use. Hubloft can benefit those with second homes as well as non-residents who lock up their homes for most part of the year.

Traditionally, owners of second homes or those who do not reside in the city either rent out their homes on an annual basis, or keep the house locked up for long periods of time. Both these options pose their own challenges. Renting out homes on an annual basis does not allow the owner access to the home for that period of time. On the other hand, a locked-up house is a dormant asset, which does not fetch any income.

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