Online real estate portal Housing.com has acquired the Delhi-based real estate analytics portal Realty Business Intelligence, reports PTI. The deal value is estimated to be between $2-4 million. This acquisition is likely to help Housing provide users, including real estate investors, with more data to make informed purchases. It's not clear if this is a talent acquisition as well, and if Realty BI will continue operating as an independent entity. We've written to Housing, and will update once we hear back. Realty BI provides information regarding the real estate sector, including real estate trends and risk management tools. It claims to specialize in project approval and project monitoring services, and developing project rating models and market intelligence reports. Interestingly, last week during a Reddit AMA session, Housing CEO Rahul Yadav had said that the company had recently acquired a legal and due diligence company, which will enable Housing to cross check all new projects that are listed on the site, and ensure that the legal status of the apartment/building is verified. He, however, didn't disclose the name of the company. IREF acquisition: Housing.com had acquired realty-focused online community Indian Real Estate Forum (IREF) for Rs 8 crore, in March this year. At the time, the forum had about 1.5 lakh members, though it wasn't clear how many of them were active users. IREF was expected to function as an independent entity, with Housing co-founder Ravish Naresh heading it. The company had plans of introducing an “Ask Me Anything” section in the forum that would allow…
