Basobaas is a digital marketplace for real estate. It works as a medium for those looking to buy a house or rent an apartment. 

The company founder and CEO Rajan Adhikari started Basobaas in 2016 to make the process of buying/selling of a house and finding a flat easy and systematic.  

“It is hard to find a flat or a house to suit your needs and budget these days. That’s where Basobaas comes in,” he says. “We list properties on sale or rent on our website and mobile app and connect the clients and owners.” 

The company currently has more than 20,000 listings from different parts of Nepal. Adhikari says most of the listings are for rental and from Kathmandu Valley. 

“Kathmandu has many students and professionals who have come from other parts of the country. They need affordable flats and Basobaas can help them,” he adds.    

The company is among the foremost online realtor agencies that also offer consultation service to its clients. It has a team of experts to help property sellers appraise the building or land they wish to sell. Basobaas also offers guidance to buyers in the house selection and new home building process.    

“Buying a house is an important decision in a person’s or family’s life,” says Adhikari. “We are here to offer the right investment advice to our clients.”  

Adhikari sees a lot of scope in real estate business, particularly in the apartment and housing market segment. “Everyone wants to own a property in urban centers like Kathmandu but there are not enough space. The solution for this is housing colonies and apartments.”

He also expects that the burgeoning online business model will soon take over the traditional real estate business. When Basobaas started out six years ago, an online real estate company was fairly a new concept in Nepal. It took some time for the company to gain trust of its clients.   

“Even my family members were not pleased with my decision to start this company,” says Adhikari, who is an engineering graduate. “They thought realtor is not a proper job.     

Adhikari is proud that he stuck to his gun. He and his team persevered for years to build clients and the network of real estate agents. “We even visited people at their doorsteps to explain what Basobaas was all about,” adds Adhikari. 

That Basobaas would one day become a successful venture was never a doubt for Adhikari and its team. 

“We roped in a few clients and the properties enlisted on our site started selling, some within a matter of a week,” says Adhikari. 

Once the company started doing business, it also started attracting agents. So what’s next for the company? Adhikari says he wants to make Basobaas the “go-to” agency for buying, selling and renting of properties.