wordpress blog stats
Connect with us

Hi, what are you looking for?

#Outlook16: What Indian Online Property Companies Plan To Do In 2016

Magic

As part of our #Outlook16 series, we spoke to online property listings companies – CommonFloor, 99Acres, IndiaProperty and MagicBricks about the key takeaways in 2015 and what 2016 holds for the sector. Answers have been edited for brevity. What were the top developments in the online real estate segment in 2015? How has the sector changed from 2014 to 2015? Vikas Malpani, CommonFloor Consumer expectations from online real estate sector has increased way more in terms of quality, experience and better servicing than ever before. They have started realizing that with attractive deals and packages, they also need improved service and overall experience.  Narasimha Jayakumar, 99Acres The real estate sector moved to the online space almost a decade ago. However, it’s only last 12-18 months that this space has evolved into a major channel for buying/ selling/ renting real estate. Many developers took the online route through innovative models of pricing and even buyers followed the trend. 2015 also saw homes not only getting shortlisted but getting sold on property portals in greater numbers than ever before.  Ganesh Vasudevan, IndiaProperty One of the major transformations in 2015 was a significant increase in usage of mobile for property search. The mobile web experiences have become as important as those with App, perhaps even more so to the user. Overall market dynamics strongly indicate a hybrid online-offline solution stack to cater to the end to end purchase cycle.  Sudhir Pai, MagicBricks - The competitive landscape of the industry changed significantly over 2015. We saw intense competition towards the…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ