CommonFloor Retina Virtual Reality for consumers in Real Estate

CF retina_1

CommonFloor.com, India’s leading online real estate platform introduces CommonFloor Retina. It allows property buyers to experience both the interiors and exteriors of the property in an interesting manner. To use CommonFloor Retina, a user simply needs to sport the headgear to experience virtual tour of the property of his/her choice. The simple magnet on the headgear acts as a navigation tool. The App also saves the builders the cost and space to construct a model apartment.

Commenting on the launch of the biggest technological innovations witnessed by the real estate world, Sumit Jain, Co-founder & CEO, CommonFloor.com, said, “As a new-age online realty player, technology and innovation are part of our core DNA. Property buying demands huge time and financial investment by the buyer and it is our constant endeavour to create tools and technology that makes property search easy for the consumer and gives them a wow experience. CommonFloor Retina is a result of one such quest that adapts technology smartly to the consumer’s advantage.”

Lalit Mangal, Co-founder and CTO, CommonFloor.com said, “We believe in making strategic investments in building cutting edge technology. This product is pegged to be a game changer in the real estate industry in India and globally. We will work closely with the builder community to scale-up the number of projects listed, thereby helping property buyers to choose from as many projects that may want to visit.”

http://www.commonfloor.com/retina: Register here to win a virtual reality headset*

The app offers a real-time property experience for the seekers allowing them to view/review/assess multiple properties from anywhere at any point of time. The app works on the Android platform.

https://play.google.com/store/search?q=commonfloorretina&c=apps

Source:http://blog.commonfloor.com/commonfloor-introduces-virtual-reality-for-consumers-in-real-estate-commonfloor-retina

http://www.commonfloor.com/retina

Advertisements

Finding Roommates & Flats just got easier with Flatchat App

flatchatAre you a college student or a bachelor looking for flat or flatmate? Say hello to “Flatchat”. Flatchat App is a mobile app by “flat.to” with the simple aim of simplifying student accommodation.

Flat.to has been acquired by CommonFloor.com

CommonFloor.com, India’s number 1 real estate portal, launched by trio Sumit Jain, Lalit Mangal and Vikas Malpani in 2007. CommonFloor acquired student accommodation portal Flat.to earlier this year. CommonFloor has released mobile apps -one for real estate property search and another for “CommonFloor Group” to connect residents (living in the same community) each other.

Say hello to “Flatchat” App & Flatchat Assistant

Flatchat app will set you up with the best available options. You can chat with your prospective people (Looking to move or looking to share the apartment) to understand the requirements. Also Flatchat provides a personal assistant “Flatchat Assistant or FA” to help you look for your desired flats.

Flatchat will also dedicate it’s team to finding the right place for you by calling up different owners and you will be informed about the new prospects who you can chat on with your Flatchat app to seal the deal.

“What we have seen over the past one and half years is that finding flatmates and shared places is still a very huge problem especially in cities like Mumbai, Delhi and Bangalore. Currently people rely on Facebook Groups to find shared places and flatmates. And that’s what lead to the birth of Flatchat,” said Gaurav Munjal, founder of Flat.to and makers of Flatchat.

Source: trak.in -Flatchat App Makes Finding Roommates & Flats Super Easy

CommonFloor.com is set to enter the student / bachelor accommodation space

CommonFloor.comBy acquiring student focused accommodation site Flat.to CommonFloor.com is set to enter the new segment of the property market – students and bachelors.

“By acquiring Flat.to we will now be able to cater to a new segment of the property market – students and bachelors. This is a large segment in the online real estate space with a unique set of needs and requires a different focus.” – Sumit Jain, Co-founder and CEO, CommonFloor.com

“CommonFloor’s experience in the real estate market and guidance will help take the company to the next level and we look forward to working with Sumit and team.”- Gaurav Munjal, Co-founder and CEO, Flat.to

Flat.to, which operates in cities with high student population like Mumbai, Delhi, Pune, Bangalore, Kota and Jaipur, has recently launched a feature that highlights broker-free listings.

CommonFloor.com, India’s number 1 real estate portal, launched by trio Sumit Jain, Lalit Mangal and Vikas Malpani in 2007. CommonFloor.com has over 2.5 lakh property listings and over one lakh projects from 120 cities. From searching for an apartment to facilitating interactions within an apartment community (now known as CommonFloor Groups), CommonFloor.com connects people to relevant service providers.

Flat.to was founded by Gaurav Munjal, 23, who was previously a software developer at Directi, an internet domain name registrar company. Flat.to, which has a 15-member team, will use CommonFloor’s finance, human resources and other similar back end functions, will continue to operate as an independent site.

Reference:
http://economictimes.indiatimes.com/tech/internet/real-estate-site-commonfloor-acquires-student-focused-accommodation-site-flat-to/articleshow/34069135.cms
http://www.efytimes.com/e1/fullnews.asp?edid=136457
http://blog.commonfloor.com/commonfloor-com-acquires-flat-to

CommonFloor “apartment communities” is now “CommonFloor Groups”

CommonFloor.comCommonFloor.com, India’s leading real estate portal today announced the launch of the new version of its Apartment Management offering – CommonFloor Groups. Users can now access CommonFloor Groups through a new web page – http://www.groups.commonfloor.com. This launch will soon be followed by the launch of the mobile app of CommonFloor Groups.

CommonFloor Groups has an updated, easy to understand help page for new users. Users can also access the CommonFloor Groups’ newly introduced blog for interesting and useful tips on smart community living.

CommonFloor Group: http://groups.commonfloor.com/
Blog: http://groups.commonfloor.com/blog/
Testimonial Videos
https://twitter.com/GroupsCF

Mr. Vikas Malpani, Co-founder and Head – Communities, CommonFloor.com said, “We have been working with apartment communities for nearly 7 years now, and CommonFloor Groups is the result of the knowledge we have gathered over these years. Residents can expect a whole new and improved user experience. Apart from a more efficient product, this version also provides a new identity to the CommonFloor.com’s apartment management offering. We aim at opening new avenues of consumer engagement and brand connect with this launch. With over 1 lakh communities currently deploying our offering we are indeed one of the largest providers of Apartment management solution. With this launch we hope to make community management hassle free for many more. ”

http://www.commonfloor.com/

https://www.facebook.com/commonfloor.com

News Source:http://www.moneylife.in/business-wire-news/commonfloorcom-launches-commonfloor-groups/38909.html

Indian real estate search engine CommonFloor gets $10.4m in series D funding

investment

CommonFloor.com, India’s largest real estate site and ranked as India’s No.1 real estate portal in the unique visitors classification as per ComScore data for November 2013, gets beneficiary of Rs 64 crore ($10.5 million) in series D funding.

Accel has been an investor in CommonFloor since 2009 and in 2012 teamed with Tiger Global. Both firms provided $7.5m of Series C funding to the business last summer.

CommonFloor.com’s revenue has been growing by more than 100% every quarter for more than a year now. The company is on track to achieve its goal of a turnover of $25 million in the next two years.

CommonFloor.com, launched in 2007 by Sumit Jain, Lalit Mangal and Vikas Malpani, is now India’s No.1 real estate portal and has 1.8 lakh active property listing across 120 cities. It also offers a map-based property search service. Its Android app, which was launched in March 2013 has seen over 50,000 downloads till now.

A 2013 article reports CommonFloor, founded in 2007, is an Rs 10-crore business which translates to $1.6 million dollars.

techcrunch.com reports-

The new capital will be used to expand beyond property listings and offer information on related products, including home decor etc., the startup said in a statement. The latest funding brings the total money raised by CommonFloor to around $17.9 million. 

“We have seen phenomenal growth in the past 2 years on every possible parameter – be it financials, visitors, advertisers or engagement. In fact, our topline has continued to grow by over 100% quarter on quarter since last year,” said Sumit Jain, co-founder of CommonFloor.

News Source:
http://www.pr.com/press-release/535439
http://www.techinasia.com/india-property-portal-commonfloor-gets-series-d-funding/
http://www.altassets.net/private-equity-news/by-news-type/deal-news/accel-tiger-global-keep-capital-coming-for-indian-real-estate-search-engine-commonfloor.html
http://blog.commonfloor.com/sumit-jain-shares-his-views-on-the-latest-round-of-commonfloor-coms-funding-with-economic-times
http://www.redherring.com/finance/bluebox-security-secures-18m-funding-investment-round-up-2/

Image Source:http://webappstech.com/farmkings/investment-plan.html

HackerEarth connects developers with employment opportunities

HackerEarth helps connect smart programmers and great companies. Founded in November 2012, HackerEarth is the brainchild of IIT Roorkee alumni Sachin Gupta and Vivek Prakash. While Gupta worked at Google prior to starting HackerEarth, Prakash was a student developer at Google Summer of Code and Amazon.

The startup has three products or follows a three-pronged business model. The first is HackerEarth Source, which helps companies source candidates through hiring challenges. The second product is HackerEarth Recruit. A SaaS-based application and a B2B product, it is used by companies to screen potential candidates.The third product is HackerEarth Campus, a SaaS application to conduct campus placement and filter potential candidates.

The startups is powering campus placements for Hindustan Times, Pearson, Innoz, etc., while its other clients include companies like InMobi, Capillary Technologies, CareerNet, IndiaMart, Freshdesk, CommonFloor and LiveText.

HackerEarth gets support from GSF Superangels

GSF Superangels, the angel investment network behind the tech accelerator programme, GSF Accelerator, have announced seed round investments in five Indian startups – Little Eye Labs, Tushky, ZAPR, HackerEarth, and WeAreHolidays.

News Source:
http://techcircle.vccircle.com/2013/09/16/hackerearth-tries-to-connect-developers-with-employment-opportunities-looking-to-expand-to-us-market/

http://gadgets.ndtv.com/others/news/gsf-superangels-announce-seed-investments-in-five-indian-startups-410989

Decline in the rupee a good sign for NRI Investing in India

The decline in the rupee might not be a good sign for the Indian economy but enquiries from NRIs for buying property in India have risen. Online real estate portals have seen increase in traffic in last few months.

Business Standard, reports “Weak rupee draws NRIs to Indian realty-The enquiries from NRIs for buying property in India have risen by 15-20% .” Real estate experts and online portals like Realistic Realtors, Strategy & Alliances Investors Clinic, Commonfloor.com, IndiaHomes, Jones Lang LaSalle India confirms the increase in enquiries from NRIs for buying property in India.

Sumit Jain, CEO, Commonfloor.com, said the NRI traffic was coming primarily from the US and Australia. And the demand is more for high end properties.

Delhi-NCR and Mumbai are still the most preferred destinations for NRIs to buy property, a property broker said.

Source:

www.business-standard.com/article/companies/weak-rupee-spurs-nris-to-buy-20-cheaper-homes-113061900766_1.html
www.propertyportalwatch.com/2013/06/weak-rupee-attracts-nris-to-indian-property/