{"id":13863,"date":"2018-11-21T06:48:57","date_gmt":"2018-11-21T06:48:57","guid":{"rendered":"http:\/\/faceinews.com\/?p=13863"},"modified":"2018-11-21T06:48:57","modified_gmt":"2018-11-21T06:48:57","slug":"property-listings-on-makaan-com-crosses-1-million","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=13863","title":{"rendered":"Property Listings on\u00a0Makaan.com\u00a0Crosses\u00a01\u00a0Million"},"content":{"rendered":"

Makaan.com<\/a>, part of Elara Technologies Pte Ltd. which also owns\u00a0Housing.com<\/a>\u00a0and\u00a0PropTiger.com<\/a>, today announced that the number of property listings on the platform crossed 1\u00a0million\u00a0in September 2018, a jump of over 100% in the last 18 months.<\/p>\n

\"Faceinews<\/a><\/p>\n

Makaan.com<\/a>\u00a0operates as a marketplace model with no restriction or fee for listing properties on the site. This innovative and one-of-a-kind business model in India has helped\u00a0Makaan.com<\/a>\u00a0to attract over 45,000 active sellers with more than\u00a01\u00a0million\u00a0properties listed on its platform in a short span of time.<\/p>\n

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This marketplace is based on a post paid advertising fee\u00a0model under which agents are not required to pay any fee upfront for listing properties. Sellers are\u00a0required to pay a\u00a0fee only after they have benefitted from the leads\/enquiry\u00a0generated on the platform. A marketplace model ensures that buyers get more options on the platform\u00a0and that sellers are not required to make an upfront commitment. It is indeed a win-win situation for both parties.<\/p>\n

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Commenting on the significant development\u00a0Ravi Bhushan, Group Chief Product and Technology Officer,\u00a0Housing.com<\/a>,\u00a0PropTiger.com<\/a>\u00a0and\u00a0Makaan.com<\/a><\/strong>\u00a0said, “With over a\u00a0million\u00a0listings on the platform,\u00a0Makaan.com<\/a><\/u>\u00a0is\u00a0way\u00a0ahead of its competition in giving the maximum property choices to homebuyers and renters. The platform has a clear dominant position in Tier I as well as Tier II cities.\u00a0Hyper growth in property options has resulted\u00a0in a surge in traffic across all devices including desktop, mobile and app\u00a0on\u00a0Makaan.com<\/a>.\u201d<\/p>\n

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City-wise Contribution<\/strong><\/p>\n

Tier I cities are the most significant contributors to this increase, with 71% share. India\u2019s financial capital Mumbai alone contributed 21%. Tier-II cities, on the other hand, claimed a 24% share in the overall listings. However, listings from Tier-II cities saw the most significant increase in the past one year, with 88% growth.<\/p>\n

Tier I cities include Delhi, Mumbai, Bengaluru, Kolkata, Chennai, Hyderabad, Pune, Ahmedabad, Gurugram and\u00a0Noida.<\/p>\n

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Options Galore<\/strong><\/p>\n

Users on\u00a0Makaan.com<\/a>\u00a0enjoy a large spread of property options and types. Of the total property listings available on the site, 65% are apartments, 17% plots and 18% builder floors, independent houses, villas and other types of properties. The site also offers a healthy mix of owner, broker and developer listings. Nearly 20% property listings on the site are from either homeowner or developers.<\/p>\n

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Beyond Listings<\/strong><\/p>\n

Makaan.com<\/a>\u00a0has emerged\u00a0in\u00a0the spirit of a\u00a0true\u00a0marketplace by\u00a0providing\u00a0information that a regular buyer would struggle to find\u00a0elsewhere. The site not\u00a0only\u00a0offers extensive property options, but also\u00a0offers\u00a0rating and reviews of sellers on the site. Sellers on\u00a0Makaan.com<\/a>\u00a0are rated by the\u00a0consumer\u00a0on the\u00a0basis\u00a0of\u00a0their experience. There are over\u00a01\u00a0lakh unique reviews and ratings on\u00a0Makaan.com<\/a>\u00a0that help home seekers in decision making.<\/p>\n

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With a\u00a0million\u00a0options, literally, for buyers, investors and renters,\u00a0Makaan.com<\/a>\u00a0is the\u00a0clear\u00a0leader among real estate portals\u00a0in the country in terms of choice.<\/p>\n","protected":false},"excerpt":{"rendered":"

Makaan.com, part of Elara Technologies Pte Ltd. which also owns\u00a0Housing.com\u00a0and\u00a0PropTiger.com, today announced that the number of property listings on the platform crossed 1\u00a0million\u00a0in September 2018, a jump of over 100% in the last 18 months. Makaan.com\u00a0operates as a marketplace model with no restriction or fee for listing properties on the site. This innovative and one-of-a-kind […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-13863","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/13863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13863"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/13863\/revisions"}],"predecessor-version":[{"id":13864,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/13863\/revisions\/13864"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}