Top Growing New Real Estate Online Marketplace in India
Introduction
Real estate is a type of property ownership. It means that you own the land and buildings, but not the contents of those buildings. When you buy a home or apartment, you are buying real estate. You will pay for it with money and make monthly payments to the seller, who owns the title until you take possession. In exchange, you receive an interest in the property (a deed) that gives you specific rights over its use and what happens if anything changes. The online marketplace in India has been growing rapidly and is expected to continue growing in the future.
Online real estate is selling or buying a property through the internet. It is also known as online selling or online buying. An online realtor is a person who sells or buys property for a fee through the websites and email services of various companies. They charge you for their services, and they get paid by the seller or buyer. Online real estate agents are usually not required to be licensed in any state, but they do need to meet specific qualifications and standards set out by law.
Know About the Market Size for Online Real Estate in India
Real estate is a booming industry in India. It's also one of the most competitive and commodified markets on the global scale. Despite the high number of players, only a handful of companies have managed to make it big in the real estate space in India. India's online real estate market is currently worth $10.5 billion, and it's growing at a rate of 14% per year.
India's online real estate market is expected to grow by 5.1% this year, which means its value will increase by about $2 billion. This growth is due to technological improvements and the fact that more people are interested in buying real estate online.
Many people who have been looking for a home in India have been turned off by the process of finding one through traditional methods like visiting showings or going door-to-door. This has led them to look for homes online—and they're finding it much easier than expected! The availability of information on what kind of house or apartment you'd like can be overwhelming at first. However, once you start your search, it gets easier and easier with each new home or apartment that comes up on your search results page.
Top 10 Online Marketplace platforms to Buy or Sell Real Estate Properties Hassle Free
Following are the best online selling sites in India:
HonestBroker:-
HonestBroker is a professional online real estate site that helps you buy and sell property. They offer a wide range of services, including buying, selling, renting, and managing residential and commercial property in India. HonestBroker.in promises to provide you with top-notch customer service. Their team has over 15 years of experience in the real estate industry, and they will always be there for you when you need them the most.
99acres:-
99acres, the world's largest real estate platform for the global real estate market, is an online marketplace that allows buyers and sellers to connect in an offline setting. With more than 100 million users, 99acres has empowered people worldwide to live their lives without borders. 99acres is here to help you make the right decision. They offer a wide range of properties, including lots and land, which means they can cater to your needs. Whether you're looking for something cheap or high-end, they've covered you with options that fit your budget and lifestyle.
Magicbricks:-
Magicbricks is a leading real estate platform in India. It provides an array of services to buyers, sellers and landlords. Magicbricks offers its users a wide range of services like property listing, classifieds, property portals, rental listings, property research, and much more.
Makaan:-
Makaan is a company that helps you find the right home. They partner with brokers who know their local market and ensure they have the best tools to help them find the perfect home for you.
No Broker:-
An innovative real estate platform called NoBroker makes it possible to buy, sell, or rent a home without paying a brokerage fee. For all paperwork and documentation processing related to leasing agreement registration, bank franking, police verification, and society permissions, NoBroker offers you a one-stop shop.
CommonFloor:-
Commonfloor is committed to making real estate decisions simple and provides buyers, sellers, and agents with access to a vast online real estate ecosystem. Commonfloor.com, which receives over 70 lakh monthly web visitors, aspires to enhance the value of every real estate endeavor.
Quikr Homes:-
QuikrHomes is here to make moving into a new house easy and enjoyable. Therefore, we decided to create a platform that enables you to browse through millions of real estate listings spread throughout 900+ Indian cities. Now, looking for homes, offices, land plots, and other types of real estate is simple and quick. Renting and buying now offer the freedom of comfort and ease. Additionally, you may filter your search results by cost, the number of rooms, the size of the area, the location, and other essential property features.
Sulekha:-
Sulekha is a b2b online marketplace. The most prominent real estate website in India Purchase, sell or lease real estate in India. Their website platform features over 40,000 new projects listed by 3500 builders and real estate agencies, 1.5 million users, and over 2 lakh listings. They promise that the essentials for the ideal house are just a few scrolls away!
Housing:-
Customers can look for property on the Mumbai-based real estate search web Housing.com using various filters, including location, the number of rooms, and others. In addition to serving 40 Indian cities, the firm has 6,000 brokers, including Chennai, Mumbai, Bengaluru, Kolkata, and Delhi.
Proptiger:-
India's top online real estate marketplace, PropTiger.com, has a dedicated team of 500+ Relationship Managers working across the nation. At Proptiger, they use cutting-edge technology and illuminating data to assist every house buyer from when they begin looking until they take possession. They base their operations on the three pillars of expertise, trust, and transparency. From the beginning to the end of a buyer's house hunt, PropTiger.com offers guidance.
These are the list of Top 10 Online Marketplaces in India.
Advantages of Choosing Online Websites for Buying or Selling Real Estate Properties
Online marketplace websites are the most reliable and convenient way to buy or sell real estate. These websites have allowed millions of people to buy or sell their homes online. The advantages of choosing an online website include:
There is no need to travel all over the country to sell your home, as you can do this from the comfort of your home.
Online websites allow you to take advantage of all the latest technology, making it easier for you to get a good deal on your home.
Easy access means you can find out about any changes in zoning laws and other issues relating to your home so that you can make informed decisions about selling your property.
Conclusion
Online marketplace websites are increasingly popular for buying or selling real estate properties. Using an online website is numerous and can make buying or selling property much more accessible. Marketplace online websites are a great way to find, buy, and sell your next home. They can help you save time, money, and energy by taking out the hassle of having to deal with realtors, property managers, and all their other associated costs. The top real estate companies in India are HonestBroker, 99acres, Magicbricks, Makaan, No Broker, CommonFloor, Quickr Homes, Sulekha, and Housing. These are the best real estate company in India; you can check them out if you're planning to sell or buy a house in India.