Housing.com registers over 60,000 homebuyers during India's biggest online property expo this Diwali
Houses worth Gross Merchandise Value (GMV) of Rs. 250 crore already sold. 1 lakh units with prices ranging from Rs. 10 lakhs - 25 crores on offer till 22nd November.
- (1888PressRelease) November 19, 2015 - Housing.com, India's most innovative and trusted real estate platform, today announced that over 60,000 registered customers availed of its exclusive offers to book their homes this Diwali. Housing.com in association with MCHI CREDAI announced the first ever offline and online property expo from 29th October to 22nd November with over 150 developers showcasing over 400 projects across India.
Houses worth Gross Merchandise Value (GMV) of Rs. 250 crore have already been sold. The average value of houses booked till date on the platform is Rs. 80 lakhs. The online expo has also received significant traction from customers across international markets such as US, UK, UAE and Singapore who have initiated the buying process with developers partnering with Housing.com.
Keerthi Kiran, Vice President, New Real Estate Projects, Housing.com said, "Our first virtual exhibition has been a huge success and the response we have received is overwhelming. It reiterates the fact that consumers and developers appreciate a platform that is transparent and trustworthy when they make a big decision like buying or selling a house. We are always working towards creating innovative platforms and redefining the way our stakeholders engage with each other. We are excited to see that our association with MCHI-CREDAI has been a perfect amalgamation of offline and online platforms that has brought immense value to the real estate ecosystem."
The exclusive offers on Housing.com include assured cash back upto Rs 6 lakhs, Euro trips and attractive home loan deals. Additionally, developers are offering free cars, bikes, iPhone 6S, home appliances to customers booking through Housing.com. Some of the reputed pan-India developers participating in the online expo include Prestige Group, Godrej, Hiranandani, Rustomjee, Mahindra, ATS, Jaypee Greens, Kalpataru, DB Realty, Radius, Nirmal Lifestyle, Dosti Realty across cities such as Mumbai, Pune, Delhi-NCR, Bangalore and Ahmedabad. The registered customers will be guided by Housing.com who will arrange site visits and help close these transactions.
The first four days of the online exhibition included the on-ground event of MCHI-CREDAI Property 2015 expo, the largest real estate property exhibition in Asia, as part of the strategic partnership between Housing.com and MCHI-CREDAI. Over 40,000 footfalls were witnessed at Housing Experience Zone that showcased future of home-buying through virtual reality (VR) as well as revolutionary slice view platform allowing customers a 3-D walk-through & the option of booking their homes online. The phenomenal response to virtual reality and slice view is a testimony to Housing.com's penchant for introducing innovative product offerings.
About Housing.com
Founded in 2012, Housing.com is India's leading online real estate platform with 8 million monthly hits, 1 million verified homes listed to date, and an unparalleled online user experience. The Company is a technologically innovative real estate platform with a larger vision to bring more transparency, efficiency and trust across the real estate ecosystem in India.
Housing.com is the only provider of independently verified listings of every home listed, conducted by a trained team of data collectors, analysts, auditors and photographers. With over 120 data points per listing, the in-house Data Sciences Lab is empowered with a significant body of information to allow buyers and sellers to make more informed decisions.
With approximately 2,500 employees in 50 cities, Housing.com is passionate about taking a 360 degree view on solving India's real estate challenges.
Housing.com has led a number of strategic acquisitions, such as the largest community forum on buying and selling homes (Indian Real Estate Forum), an established company focused on doing due diligence of new real estate projects (Realty Business Intelligence), and a popular software for developers to manage and enhance their marketing and sales efforts (HomeBuy360).
Housing.com has raised over $100 million in capital from India's leading investors, including Softbank, Nexus Ventures, Falcon Edge, Helion Ventures, Nirvana Ventures, Qualcomm, DST founder Yuri Milner, Viacom 18 co-founder Haresh Chawla, Snapdeal founders Kunal Bahl and Rohit Bansal, among others.
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