Online real estate business growing over 100% annually

The online real estate portals have been able to garner around three per cent of the total industry transactions and eastern region was fast catching the trend.

“The market share for on-line real estate market was 0.5 per cent 2-3 years back and now it has grown to 3 per cent,” India Property Online Regional Manager (East) Srinivas Verma said.

The share of eastern India on the online medium for property transactions was low compared to west, north and south.

“It is low compared to other regions, but the same is growing at a healthy pace,” Verma said.

He said though the share of online in the total real estate market was small, “but we are hopeful that it will grow sharply with the awareness we are aiming at.”

The company, which managed the online property portal indiaproperty.com was running its first property show — Grihapravesh here.

“We expect booking from this fair to be around Rs 20 crore,” Verma said.

He said at the time when the sector was under stress such events bringing both buyers and developers helped in decision making by potential buyers.

Source:-financialexpress.com

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Saviour Builders Pvt. Ltd. is one of the leading real estate developers in Delhi NCR. The Saviour Group is the tantamount to deliver contemporary quality amid excellence and diverse innovation. It has emerged as one of the prominent entities in the real estate sector of India and is into residential, commercial and township projects in and around Delhi NCR. The Group devotes its complete dedication to reach higher and build better. With its immense hard work and loyalty, Saviour has accomplished the dream of delivering various tremendous infrastructures round the city. We intend to provide you with affordable houses in the Delhi NCR region. Some of its significant projects like Saviour Greenisle, Saviour Park, Saviour Street, Gaur City -1, Gaur City -2 and many more have created a new benchmark within the trade. Today, we have our presence at Noida, Noida Extension, Greater Noida (West) and Ghaziabad. We, at Saviour, are building homes based on trust and you are invited to build your future with us. We help you live your dream of living in style.

Posted on December 18, 2013, in Real Estate and tagged , , . Bookmark the permalink. Leave a comment.

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