IT’S A unique one-stop shop for property and this shop is open round-the-clock, every single day of the year!!! No wasting time on weekends or trying to cajole property dealers, do it at the click of the mouse at 99acres.com.
Says, Deepali Singh, Business Head, the property market till now was location-driven. For example, “In case I need to come to Lucknow for work. I’ll first need to come down and hunt for a house using the local newspapers and property consultants. There was no method by which sitting in Delhi one can zero in on some property or specific consultants, in a different city.”
Secondly, it’s a time when people move out of their home town to work. There are many people from the North working in the south/abroad in the various firms.
But when it comes to buying a property, they still look at their home town, there is where the net comes handy. As they can search for the properties they want and then contact the seller directly.
Online property deals are really popular in developed countries like US and UK and the trend is catching on in India as people are getting net savvy, plus the net is a very good medium for the builders, property dealers to get to NRI's which they can't reach from traditional mediums.
“In India, till today we had more portals which were local in nature, and did not have a substantial base both in commercial- residential, rental-lease-sales listings. 99acres.com is a website which is completely national in its nature and not only reflects commercial,residential, rental and properties for sale but also has more than 600 builders associated with it showcasing their projects,” she says.
Thus, it is truly an information excahnge for buying, selling or leasing all types of property anywhere in the country. Online property portals do not act as mere advertisements. Though there are a lot of searches that happen, substantial transactions have happened as well.
Actaully, 99acres.com is purely an advertising medium that provides a a platform for people who are interested in selling, renting out, leasing out properties and those who are interested in buying, renting in, leasing in properties to meet and exchange information. They are aiming to be as big as a realtors.com in the US.
There are more than 1,00,000 properties which are ‘live’ on the site and within a year, in fact 9 months, it’s become the No. 1 site for property searching in terms of traffic and content.
There have been various success stories so far with many clients selling normal as well as lifestyle property (worth over Rs three crore) through leads generated by the site. Many of the clients have even sold multi-crore properties through the site and even some, to NRIs.
After Greater Noida and Noida, one can see property developments in areas like Lucknow, Kanpur, Meerur, Moradabad, and therefore, Uttar Pradesh is the next big destination for 99acres.com. They are already working with many builders and promoters who are coming up with projects in different cities in UP. for e.g..
Omaxe from Delhi and Sreenath Developers from Meerut. They are also speaking to some local builders in Lucknow. So, go click it out!