By Sreejita Talukdar, Content Writer,Homes

Top 5 Property Management Websites Topping in the Realty Sector

Whenever we invest large amount of our hard earned money to somewhere, we are always anxious to know whether the investment is worthy or not. There is a saying; first impression is the last impression, so whenever we think of buying a house or property we always tend to scan the plots and its surroundings in the internet. In today’s urbanized contemporary living, social media became so powerful that, even from such platforms we get to know detail about the pros and cons of a particular property. This burgeoning real estate market is leaving no stone unturned to amaze us with a lot of advancements and millions of up gradation. If we don’t know the details about them, we might miss the chance of greater comfort with royal luxury living. Previously the home –buyers need to travel multiple times to check and skim smaller to smaller elements but now, mighty technologies like AR/VR, video calls, IOT, & AI  help us to judge and scrutinize each detail with ease without leaving the comfort of our homes. High-end real estate websites pull attention and intrigue to your properties, attracting the buyers you want for your luxury listings. 

“The upsurge in urbanization is providing additional momentum to infrastructure development, paving the way for emerging residential hubs in the urban centers of India”, –ShishirBaijal, CMD, Knight Frank India

 

PROPERLY inspect your PROPERTY and Build the Castle of your Dream in REALITY!!

 

Top 5 Most Searched Property Websites

It is a one-stop-shop where potential buyers can find everything they want to know about a home in the market, presented the way you and the seller want it to come across. High-end real estate websites pull attention and intrigue to your properties, attracting the buyers you want for your luxury listings. Online real estate business models are witnessing impressive growth from past few years. These models eliminate manual efforts while providing a wider reach to customers. According to a report from National Association of Realtors (NAR), 87% of new homebuyers confirmed they used the internet as an information resource during their home-buying process, and nearly one-third mentioned they first learned about their newly purchased home from an online channel. So, these property websites plays very pivotal role for real estate business. Globally, home prices across the 56 markets grew at an average of 3.5% YoY. These websites or platforms works as brokers or agents in connecting the buyers and sellers through the legitimate platforms. These dedicated platforms are saving the buyers from their strenuous efforts to search affordable homes at right location as they have proper filters in their search engines to find the best and accurate homes in budget.

If you are searching for homes then this article is for you to know the best platform to go closer to your dream homes. Without further delay, let’s delve in the article to know the top property websites of 2023.

MagicBricks

It has revolutionized the concept of house hunting by bringing everything on your fingertips. This is the most prominent website as they have nearly covered all the areas across India, may it be Metro cities or towns or interior parts of India. You just have to select the filters according to your needs like location, price range, amenities, and more and MagicBricks shows you all the options available suiting your needs.  It is generating nearly 13.99 million visits with 70.24% bounce rate throughout 2023. The Alexa ranking of the website is 154. The website is an online business venture of the Times Internet Limited which is a sub arterial branch of Bennett, Coleman & Co. Ltd. It works as a two way portal, as it allows both the owners as well as property agents to list their properties for exposure to the home buyers. The portal has its presence all over India and thus, caters a vast audience. The biggest benefit that they provide to their users is that the users are free to choose properties that are listed by owners to skip the brokerage fee. MagicBricks recently launched an effective real estate remarketing tool to target the defined real estate buyers

99Acres

It is one of the premium choices of real estate agents and brokers as well as the buyers. It is a business venture of Infoedge Group to serve as the common link between the home buyers & tenants to agents, to help them out with relevant information about prospective properties according to their preferences. They have PAN India presence, and show you listings for sale, purchase, and rent across 25 plus cities in India. It became the most visited Real Estate website of 2023, with attracting nearly 19.46 million monthly visits and 70.78 percentbounce rate. It has earned itself a valid reputation becoming the 2nd largest property portal in India. The Alexa ranking of the website is 140. Their mobile friendly interface allows all the brokers and agents as well as buyers to search for property anywhere and everywhere.

Housing.com                                           

This website has been scrutinizing authentic properties owing to well set strategy by selectively choosing properties after site-visit approval of certified agents of the website. This online platform was launched in 2012 and the key areas it covered were Mumbai, with time, the reach of the website has expanded in 40 major metro cities across India. Alexa ranking of the website is 318, generated 15.76 million monthly visits with 83.04 percent bounce rate. Another key property website of India Proptiger has acquired Housing.com and Makaan.com to become the India’s largest real estate property displayer with each website having their own USP. Recently they have created a mobile friendly app ‘Housing Go’ through which you can flip through your preferred properties anywhere with ease.

NoBroker.in 

One of the most popular property websites for the buyers as well as the sellers was created in 2014 by Akhil Gupta. The NoBroker distinguishes itself by removing the need for sellers and buyers to pay brokerage fees to brokers. It minimizes the requirement of the middlemen in a property deal.  The customers who want to take tailor made customized services and property consultation need to pay a very nominal fee. They offer tailor made services like property purchase and sale, rental agreements, legal assistance, seller and buyer support, house interior, kitchen & cleaning services, home loans, and EMI calculator services. Most commendable among this is their end-to-end support whenever you need. They are always ready to help with legal document verification, property handover, and conveyance and they also assist in home interior, painting, and other services.  This website generated 12.2 million monthly visits with 70.04 percent bounce rate.

Square Yards

Spread across 40 cities in more than 10 countries, Square Yards is realty based online portal that caters to its customers with an extensive list of residential properties and commercial projects. It claims to be India’s largest integrated platform for Real Estate & Mortgages. Square yards is making full use of Data Analytics and VR tools, and disrupting the traditional eco system of marketplaces. It is one among Indian startups to taste global success with presence in 100+ cities across 9 countries. Within a very short period of time the platform has collected a profit of 1 billion dollars across the globe. They have created few mobile apps like Square Connect, PropVR, Prop AMC, and Urban Money to make your search of property easy and customized. You don’t need to waste your time searching for properties and rentals. They have generated more than 2.2 million monthly visits with 73.4 percent bounce rate.

 

Last Note

In this fast moving contemporary corporate life, change is the only constant we often witness. In today’s context, migration for work or study has become quite inevitable and whenever we are moving to a new city, accommodation is the first thing we look for. These property websites are perfectly guiding us and saving us from dishonest brokers and agents who are making lucrative money in the name of commission. With passing time new concepts related to rentals and buying property like studio rooms, Co-living spaces, furnished, semi-furnished, non-furnished rentals are becoming prominent players in the market.

As per the report of Knight Frank, India is the 14th priciest residential real estate market. According to Anarock reports, tech hubs such as Hyderabad, Bangalore and Pune have witnessed tremendous surge in which is 28-33 percent from the past two–three years. 

These websites are constantly updating and upgrading their data base and information to provide accurate market values of recent times without running from pillar to post. It saves us from conducting mammoth task of searching, visiting, scanning, and selecting a property to live. These websites not only convey news about the present but it also keeps people well-informed by forecasting future from given data and saves people’s time and money. Owing to these platforms, India’s Real Estate and Property market is soaring high. India's online real estate market is expected to grow by 5.1% this year, whose current market value of $10.5 billion.