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99Acres.com

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99acres
Company typeReal Estate
IndustryReal Estate
Founded2005
FounderSanjeev Bikhchandani
HeadquartersNoida, India
Key people
Hitesh Oberoi

99acres is an Indian online real estate advertisement portal founded in 2005. Headquartered in Noida, Uttar Pradesh, the company provides an online platform to buyers, sellers and brokers/agents for exchanging information about real estate properties. The company has offices located in 25 plus cities across India and Middle East.

History

99acres was founded by Indian businessman Sanjeev Bikhchandani, who started Info Edge (India) Ltd. in 1995. He is an alumnus of St. Columba's School, Delhi. He obtained a Bachelor of Arts degree in Economics from St. Stephen's College, Delhi, (Delhi University) in 1984. He completed his MBA from IIMA in 1989. He was given the Padma Shri Award, the fourth Highest civilian award in India, in January 2020.

Services

99acres offers buyers, sellers and brokers/agents a platform to exchange information related to property. The business launched its mobile platform in 2015.

Price trends – capital and rental price movement of micro-localities across top 22 cities of the country. The section also hosts the latest rental rates of different property configurations including 1BHK, 2BHK, and 3BHK units.

Builder section – A comprehensive list of all the builders who have microsites with 99acres.

Ask and Answer – A discussion platform where owners and seekers interact and exchange their views on various realty topics such as project reviews, locality reviews, latest news and trends from the industry.

Knowledge Centre – The section hosts stories related to real estate news, trends, finance, legal, interiors and vastu. Apart from this, the section features a comprehensive guidebook for buyers, sellers, and tenants.

Insite report - The 99acres Insite report talks about major price movements in the capital and rental markets of top eight metros in India - Delhi NCR, Mumbai, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad and Kolkata.

Dealers – This section on 99acres gives brokers the opportunity to reach out to prospective homebuyers through better branding and visibility.

Map search – Introduced in 2015, this tool simplifies the home buying process by precisely indicating the location of a project/property on Google Maps.

eHomes – 99eHomes works towards giving consumers an engaging and enriching online experience through tools like 2D and 3D floor maps in the league of interactive content for the buyers.

Verified listings – 99acres Property Verification team verifies advertised properties across the top 10 cities in India – Delhi NCR, Mumbai, Bangalore, Pune, Hyderabad, Chennai, Kolkata, Ahmedabad, Vadodara and Chandigarh.

Awards

99acres has received awards for serving a large pool of users through its portal and providing premium information to users to make informed decisions.

Major Awards -

Year Awards
2019 PropTech Mobile App of the Year Award
2015 Best Mobile Appies Award
2014 'Most Admired Real Estate Website of the Year' at the 3rd CMO Asia Awards for excellence in the real estate segment
2012 'Best Online Realty Portal' by the Accommodation Times in 2012

References