We missed this earlier Makaan.com claims to have 1 million property listings as of September. It said that the number of listings has doubled in the last 18 months. It also claims to have 45,000 active sellers. Makaan is run by Elara Technologies, which also owns and operates real estate websites Housing and PropTiger. Note that last year, all three portals — Housing, Makaan and PropTiger — began listing international properties. Indian users were able to access 4.5 million international listings from 72 countries, and Indian developers/homeowners could list to a global audience. The company has detailed its 1 million mark: Tier 1 cities — Delhi, Mumbai, Bengaluru, Kolkata, Chennai, Hyderabad, Pune, Ahmedabad, Gurugram and Noida — accounted for 71% of this increase Tier 2 cities claim a 24% share of the increase in listings. However, listings from Tier 2 cities grew 88% in the past year. 65% of the listings on Makaan are apartments, 17% plots, 18% builder floors, independent houses, villas and other types of properties. 20% of the listings are directly from the homeowners or developers It claims to have 45,000 active sellers and 15,000 active brokers Consumer ratings were made on 30,000 sellers Makaan was acquired by PropTiger in 2015 but it continues to operate as an independent entity. Parent company Elara first founded PropTiger.com in 2011, acquired Makaan in May 2015, and acquired Housing in January 2017. Developments at Makaan and Elara In August, Elara Technologies raised $35 million in debt from Citi Singapore to hire an additional…
