Angel backed property classifieds portal Housing.co.in has launched in three new cities – Gurgaon, Pune and Hyderabad. With this the Mumbai based company has presence in total of four cities including Mumbai.
Currently people looking to rent and buy flats in all four cities can post their requirement and post which they can get the details matching their requirement over email and phone. Flat owners can also list their property by following the similar process.
Unlike other property listing portals, Housing.co.in taken a data and map based approach to real estate hunting. It gives you information on the location like the amenities around it and other details such as pictures, rental, security deposit and other details overlayed on a map so you can decide even before actually visiting the place.
The company has also recently introduced buy and sell features on its platform. The startup charges a subscription fee (bi-annual and annual) to brokers which allows them to upload unlimited listings on the website. As of now, listings for landlords is free.
To track total number of hits and queries for each flat, Housing.co.in uses metric, which is primarily number of leads generated per listed home and not conversion because the latter depends upon knowledge, expertise, responsiveness and negotiation skills of the broker in question.
Earlier in March this year, Housing.co.in raised second round of funding from former Network 18 CEO Haresh Chawla. Prior to that venture has raised undisclosed amount of seed capital from Zishaan Hayath, the co-founder of Chaupati Bazaar.