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The new commercial venture of 99acres.com
99acres.com, a leading real estate website of India has launched a special segment for the commercial sector. PR9.NET November 30, 2005 - 99acres.com, India's leading real estate portal has launched a commercial segment that will cater to all possible commercial requirements of the real estate market in India. This segment has been introduced seeing the hefty 30% share that the commercial sector occupies in the total real estate market. In this commercial segment one can advertise a property and also search for a property on the basis of type, price, range and location. The search has been organised after assessing the specific requirements of the Commercial sector. So far, the main focus of 99acres.com was on the residential sector but it will now give major importance to the commercial sector too, through this new initiative. Within a few days of a soft launch of this service, 99acres.com already has 10,000 commercial property listings in its databank. A registered user can also receive regular e-mails that will inform him about the latest properties for sale/rent through its unique feature called "Property Alert". 99acres.com is the only real estate website in India to specifically address the commercial sector. The database and the services created to support this segment will also offer online transactions through a soon to be launched payment gateway of 99acres.com. 99acres.com has been among the fastest growing real estate websites so far. It aims to lead the commercial market place as an online medium soon. About 99acres.com 99acres.com was launched in August '05 by Info Edge (India) Pvt. Ltd. Info Edge (India) Pvt Ltd has already launched successful web sites such as www.naukri.com and www.jeevansathi.com. Since its launch, it has been the fastest growing property portal in India with a growth rate of 400%. It receives Indian and NRI traffic of 50,000 a day that can access 100,000 residential and 10,000 commercial listings. 99acres.com is an internet portal dedicated to meet every aspect of the consumer's needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange information, quickly, effectively and inexpensively. At 99acres, you can also advertise a property, search for a property, browse through properties, build your own property Microsite, and visit other Indian and International property websites. For more information log on to http://www.99acres.com # # #
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About 99acres.com About Info Edge (I) Pvt. Ltd. Info Edge started in 1989 and became Info Edge (India) Pvt. Ltd on May1, 1995. It was in the business of selling reports and providing project and marketing related consulting services to its clients. Info Edge also provided management consulting services to a number of clients in India and abroad. Over the next few years Info Edge evaluated the idea of providing job information to the public independently but was unable to identify a financially viable technology backbone till the Internet entered India. After that Info Edge created history with the success of Naukri.com and Jeevansathi.com. |
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