launches property website

Chennai:, one of India’s leading players in Local Commerce and Search, Online and on Mobile, has launched Property, a dedicated site for all Property needs: buying or selling property, rentals, information on localities and brokers, to name a few. The site currently offers over 67,000 unique properties across 42 cities in India. Property is the new and enhanced avatar of Classifieds Real Estate. Property offers information on residential flats/ apartments, villas, individual houses, plots, land and commercial office spaces. The site features over 1113 detailed projects, with enhanced content including location maps, sitemaps, videos, information on amenities, etc. Easy navigation and usability of the site ensure rich and effective user experience.

Speaking on the occasion, Mr. Satya Prabhakar, CEO,, said, “The launch of Property is indeed an important milestone for Having completed a decade of operations, the company is at an inflection point. Property is the first of many exciting launches to come. We are striving to get ‘more local and social’ with every offering. Property will greatly benefit from the momentum and traction built by Classifieds Real Estate over the years, and we are focusing on making it most comprehensive for all home needs.”

Mr. Param Parameswaran, Chairman,, added, “We seek to deliver value to our users and our advertisers. This launch will seamlessly accomplish both. It will add to and enrich our growing bouquet of offerings. Customer centricity is what we focus on, whether online or on mobile and we remain committed to delivering enhanced, innovative services to our user base, across India and abroad.”

The site has been generating a buzz since its beta launch. According to internal estimates, has helped sell nearly 3,000 apartments in the first month. Over 2.2 lakh responses have been recorded in the first month of launch for real estate sales and 4.5 lakh responses for rentals, whichreflect positive user response.

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