1) The website regularly updates news related to commercial real estate, foreign direct investment, infrastructure and retail. It also provides property prices across eight cities and carries property reports of international consultancy firms such as Colliers International and Cushman & Wakefield.
2) Apart from legal and tax advice, the website also gives visitors the option to apply for home loans. It provides a stamp duty calculator for a few cities. The website has an active blog for visitors.
The cost:
The website doesn’t charge buyers and sellers for listing their property or requirements. It only bills developers and brokers.
Other features:
1) Ads of builders and brokers make the home page look complex.
2) Comprehensive site in terms of listings, features and search tools. The home page is divided based on user categories.
3) It provides a map of the area where the property is located.
Indiaproperties.com
The website gets an average of 1,24,000 visitors a month and covers property listings in around 200 cities across the country. The portal is managed by a team of 37 people and is headquartered in Pune.
Features:
1) Uncluttered by advertisements of brokers and builders, the home page is simple and resources and features are displayed upfront.
2) Only builders and brokers are required to undergo a registration process. Individual buyers and sellers of property need to register only when they wish to post their property for buying or selling.
3) The website follows a three-step policy of authenticating and verifying individuals who register. Once they put in their personal details, verification is conducted by sending an email and the visitor’s access is activated only when the individual acknowledges the email. Second, it makes calls to the contact numbers mentioned by the advertisers for verification. Third, it scans the listing of the property to ensure that the advertiser sticks to a prescribed format.
4) After two weeks of listing, the website sends an automatic reminder to the advertiser asking him if the property has been sold and if there are any changes in the information about the property.
Property search tools:
1) Indiaproperties doesn’t have a comprehensive property search tool as compared with other sites. There is a separate tool for the buyers and sellers, but no separate option for those looking to find paying guest accommodation.
2) The basic search allows one to hunt for a property on two parameters — the city and the kind of the property. There is an advanced search on the basis of the number of rooms, size, locality and level of furnishing.
Value add-ons:
The portal provides property prices across 11 cities, gives the list of legal documents required, carries articles on how to calculate property tax, trends in property prices across various cities and tips on buying residential or commercial property.
The cost:
Free, but if buyers and sellers want their property to be featured prominently, then Rs500 is charged for a monthly display.
Other features:
1) Home page is simple and displays its resources and features upfront.
2) The website doesn’t have a comprehensive property search tool.