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99acres.com Establishes A Substantial Lead Over Its Competitors

03-03-2011 02:32 PM CET | Industry, Real Estate & Construction

Press release from: InfoEdge India Ltd.

New Delhi, March 3, 2011: According to ComScore, the Global Internet Information Provider, 99acres.com, India’s No.1 property portal, has received a Traffic Share of 56% in Jan‘11. 99acres.com is leading in ‘Total Page Views’ and ‘Time Spent’ on the site, ahead of its competitors by considerable margins. The closest competitor received a traffic share of 22% in Jan’11.

On the development, Vineet Singh, Business Head, 99acres.com said, “During the slowdown, we have seen a continued flow of search and queries from users. Along with continued investments on the brand, we have ensured an improved user experience on the site through product enhancement and improvement. Over a period of one year we have seen our traffic share grow from 40% to 56% which has reinforced our position as the leader in the online realty space.”

In Jan’11, 99acres.com received over 25 million Page Views, which is more than the combined page views of the closest two competitors. According to the Jan stats, on an average, a user spends 10 mins on 99acres.com. Also with over 15000 paid brokers and builders as clients and with 20 offices in 15 cities and a sales force of over 150 people 99acres is by far the No.1 Property Portal in India. The website generates over 15000 leads every day.

99acres.com is the no.1 property portal in India. It was launched by Info Edge, in September 2005, as a gateway to the country's property bazaar, and an information 'exchange' for buying, renting and selling of all types of residential and commercial properties across the country. The website enables easy access to a huge property bank for netizens and allows for direct connect with brokers/builders/individual owners in cities in urban and remote parts of India. The site received close to 50% traffic share in Sep’10 as per the comScore data and recently emerged as the most sought after property portal on NRIS(Juxt Consult). With properties of almost 8000 builders, 60,000 brokers and 1,00,000 individuals, the portal lists over 200000 properties at any time Most importantly, listings on 99acres.com are fresh since old listings are removed from the site. The website has a registered database of 3,00,000 users.
For more information or to buy, sell or rent property in India, please log to http://www.99acres.com

InfoEdge India Ltd
A-88, Sector 2
NOIDA, Delhi 201301
0120 3082000

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