Online real estate company PropTiger has acquired popular online classified company Makaan.com. Terms of deals and size of deals were not disclosed. Makaan.com will remain a separate entity but Makaan.com CEO Aditya Verma will now be reporting to PropTiger co-founder & CEO Dhruv Agarwal.
“Together, PropTiger.com and Makaan.com will provide home buyers with a powerful online real estate platform to guide them through the early stages of home search and identification and all the way until they have the keys to their dream home,” said Dhruv Agarwala, Co-founder & CEO, Proptiger.com “The fully assisted home buying experience will include being able to shortlist the right set of homes from a wide array of listings online, and then having a personalized service that helps with site visits, price negotiations, documentation, home financing, registration and post sales services.”
PropTiger.com provides the complete home buying service to its customers. It helps in property search, site visit, loan advices and final registration. It also offers real estate consultation to developers, private equity investors and banks.
Makaan.com is one of the popular online property search website in India. It has around 200,000 active property listing and more than 40,000 active brokers on the website. It helps users in searching property online for buy or rent. Adding Makaan.com to its portfolio, PropTiger will surely get a boost with an online presence.
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