Tuesday, August 19, 2008

99acres.com - buy, sell Indian residential properties online

It is probably too late to write a review for Indian real estate portals like 99acres.com but looking at the emerging potential in this space, I decided to spend some time on this vertical. 99acres.com is another successful portal from promoters of naukri.com, i.e. Info Edge India Ltd. It provides a perfect platform for various stakeholders like buyers, sellers, brokers, builders etc. in the real estate market to do business online. At a high level here are some of the key features that this web site offers to different stakeholders in this value chain:
A. Consumers: You can search to buy, sell, or rent out a property based on your budget, housing requirement, location. You can also look out for a PG accommodation.
B. Builders: You can publish your properties under various listing schemes depending on your budget on the web site. The web site offers different kind of promotional tools and packages to advertise your property on its web sites
C. Property Dealers: You can separately register yourself as a property dealer under this category on the web site giving you instant visibility
In addition you can also use its home financing services. You can apply for an online home loan, use various calculators for determining EMI or Amortization, home insurance, and various other informative content. Site also offers specific services for NRIs to make the real estate investment a smooth process. On the whole its a pretty comprehensive web site which aims at bridging up the home buying and selling a smooth affair. Interesting thing would be to tie up with government agencies to allow online property registration !!

3 comments:

  1. For all those who are dreaming to own a house despite the high home loan rates, there is some good news. The costs of residential properties across four major markets of the country have stabilized during the April-June period. According to the report by global realty consultant, Cushman & Wakefield (C&W) on India’s residential sector, the availability of new supply, shrinking demand from investors and increasing rates have led to the stabilization of capital values in both high-end and mid-range residential segments across the National Capital Region (NCR), Bangalore, Mumbai and Pune in the second quarter of 2008.For more view- realtydigest.blogspot.com

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