Indias No. 1 Real Estate Online Portal Expands Its Footprint In Andhra Pradesh

Hyderabad, April 19, 2012: IndiaProperty.com, countrys No

. 1 real estate portal, today announced it will increase its focus on the online market for new properties in India including Andhra Pradesh. The company listed over 30 thousand new properties and over 600 projects across India. The growth in traffic to the Hyderabad page of the portal is 30% over the last two quarters.. This national portal which already provides services across Hyderabad, Vijayawada and Vizag, now has Hyderabad market on its radar due to the emergence of there residential property market here. IndiaProperty.com also announced the launch of its 2nd edition of the biggest property show Gruhapravesham 2012 in the city between April 27th -29th of this month at HITEX exhibition centre.

Addressing the media at a press briefing today, Ganesh Vasudevan, Vice President and Business Head, IndiaProperty.com stated, IndiaProperty.com has increased its focus on new properties and expanding its reach across regions. We are the only property portal in India to specifically target the new property market in India. He further added Gruhapravesham will provide one-stop solution for buyers, sellers, Agents, Home Loan Companies and Allied services Industries. This show provides an opportunity for potential buyers, leading builders and other stakeholders to interact with each other for mutual benefits. This show is an extension of our online support to both buyers and developers. We are pleased that comScore has validated our leadership position in the online property space and look forward to bringing out more innovative solutions for our customers. in the newer markets across Andhra Pradesh as well.

He further added Demand for affordable housing segment has grown in Hyderabad with more number of buyers looking out for 2 BHK flats. This coupled with yesterdays announcement of Repo rate drop by RBI will further boost the demand for affordable housing projects here.

Gruhapravesham 2012, will showcase around 2,000 new properties, 40 builders and 100 new projects besides panel discussions that will have experts in the space share their insights on trends, opportunities and challenges in the market. It will bring together the entire ambit of Hyderabads leading builders, developers, Agents, Home Loan Companies and Allied industries on a single platform. For more information, please visit www.IndiaProperty.com

by: Aaron Sam

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