99acres.com Company analysis

Description
Describing about Introduction of the 99acres.com.

INTRODUCTION
? Whether we are looking to buying our personal property or are interested

in investing in some commercial property venture,there are bound to be numerous queries cropping in our mind. The one stop where we could find our answers on not just the best property deals but also the best agents and dealers to help us on all ventures in 99acres.com. ? The site is also designed with features that makes not just buying, but even selling and renting our property hassle free and comfortable. ? The detailed site of 99acres.com brings to the fore properties, rates, locations, property news and also major events and happenings in the genre on a common platform for you to conveniently browse through.
99 acres.com is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry. ? It is a forum where buyers, sellers and brokers can exchange information quickly, effectively and inexpensively. ? At 99 acres, we can advertise a property, search for a property, browse through properties, build our own property micro site, and visit other Indian and international sites.

?99acres.com is the no.1, real estate portal in India and was launched by info edge(India)ltd in September 2005, as a gateway to the country’s property bazaar, and is truly an information ‘exchange’ for buying, leasing and selling of all types of residential and commercial properties anywhere in the country. ? It is Backed by strong team of over 150 employees and a network of over 10 offices in India. With properties of almost 8000 builders, 60,000 brokers and 1,00,000 individuals
Whether you are looking to buying your personal property or are interested in investing in some commercial property venture, there are bound to be numerous queries cropping in your mind. The one stop where you could find your answers on not just the best property deals but also the best agents and dealers to help you on all ventures is 99acres.com The site is also designed with features that makes not just buying, but even selling and renting your property hassle free and comfortable. The detailed site of 99acres.com brings to the fore properties, rates, locations, property news and also major events and happenings in the genre on a common platform for you to conveniently browse through.

?The website has a registered database of 3,00,000 users. 99acres.com was also crowned as the best real estate portal for the year 2009 by the All India Achievers Conference, Builders Information Bureau and Accommodation Times.

HISTORY
? With the real estate industry in India witnessing a boom, the

online property market hold considerable opportunities. This is a potential that info edge is now targeting with 99acres.com. ? 99 acres is a part of naukri.com group. Its parent company info edge(India)ltd.

? 99acres.com is the no.1, real estate portal in India and was
launched by info edge(India)ltd in September 2005, as a gateway to the country’s property bazaar, and is truly an information ‘exchange’ for buying, leasing and selling of all types of residential and commercial properties anywhere in the country

HITESH OBEROI CEO and Managing Director

INFO EDGE
? The company was incorporated on may 1,1995 under the

Indian companies act.
? Initially it was a private limited company. ? On April 27,2006 it is converted into public company.

SERVICES OFFERED
? Information about buying, selling and leasing various types of real ? ? ? ? ?

estates in India. Information about paying guests facility. Provide suggestions on buying, selling, and leasing of properties. Provide advertisements for buying,selling and leasing of property. Provide information about the latest projects coming up. 99 acres.com provides information about real estates like: Residential complexes Commercial complexes Office space Shopping complexes Special constructions

TIE-UPS WITH REAL ESTATES
Bengal shrachi group Supertech Ansal housing Amarpali group Mahaveer Gopalan enterprises Osb group Kalpataru Ozone group Hiranandni

GROWTH
? 99acres.com has been the fastest growing property portal of India with a growth rate of 400%. It receives Indian and NRI traffic of 50,000 a day that can access over 2 lakhs listings on site, making it the leader in the real estate listings category. ? In june,2011 it has a traffic share of 47%,which is more than the combined traffic

share of its competitors indiaproperty.com and magicbricks.com.so. No.1 in position in terms of traffic share.
? 99acres.com received over 14million page views, which is more than the combined page views of indiaproperty and magicbricks.com. According to stats, on an average, a user spends 9mins on acres.com ? In jan,2011 99acres.com introduces its brand new ask and answer platform where users can come and get answers as well as share their knowledge on queries related to the property market.

GROWTH
? In 2010 ,99acres.com has announced an international

association with Singapore's leading property portal, propertyguru.com.sg. Under the agreement, an international menu tab with „Singapore properties? link has been introduced on the 99acres.com website which will direct consumers to propertyguru?s home page. In addition, an „India? link has been added to the international section of property guru site that will drive users to 99acres.com homepage.

COMPETITORS
? anandproperties.com
? magicbricks.com ? nibmindia.org

? Indiaproperties.com
? Realestatencr.com ? Fernsbuilders.com ? Onlinebangalore.com ? Noidascoop.com ? Superseva.com



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