Housing.com

Flats worth Rs 250 cr booked in Housing.com's Diwali sale

2:43 PM

Flats worth Rs 250 cr booked in Housing.com's Diwali sale

Over 60,000 customers have registered on its platform to buy homes

Housing.com

Real estate portal Housing.com on Wednesday said properties worth Rs 250 crore were sold during its online sale this Diwali.

About 100,000 units for prices ranging from Rs 10 lakh to Rs 25 crore are on offer, with discounts and freebies, in the ongoing property expo from October 29 to November 22. About 60,000 customers have registered on its platform to buy homes, it stated. Last week, Snapdeal had said nearly 10,000 customers had registered to purchase property on its platform during its pre-Diwali home shopping festival.

"Houses worth Gross Merchandise Value (GMV) of Rs 250 crore have already been sold. The average value of houses booked till date on the platform is Rs 80 lakh," Housing.com said, adding that over 150 developers, covering more than 400 projects, are taking part in the expo.

Developers taking part in expo include Prestige Group, Godrej, Hiranandani, Rustomjee, Mahindra, ATS, Jaypee Greens, Kalpataru, DB Realty, Radius, Nirmal Lifestyle and Dosti Realty.

The expo has received significant traction from customers across global markets such as US, UK, UAE and Singapore.

With approximately 2,500 employees in 50 cities, Housing.com provides independently verified listings of homes.

It has raised over USD 100 million in capital from investors, including SoftBank.


- Press Trust of India (PTI)

Business Standard

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