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Tag Archives: transactions

RealAcres gets acquired by iproperty…online real estate portals showing signs of consolidation.

realacreslogo.jpg

This year has not been too kind for property market in India as well as globally. The property prices are falling and most of the consumers are sitting on the fence with the hope of that property market will fall further. Various surveys suggest that property transactions have fallen by as much as 50% compared to last year.

In this kind of scenario, the online real estate portals have also seen a sharp fall in their visitors and transactions making their life much harder. Given the circumstance, RealAcres, one of the leading online real estate portals in India has agreed to part with majority stake to Asia’s leading network of property portals, iproperty.com.

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Mobile Banking: Most widely used Indian cell phone service

Indian Mobile Banking

Today while I was going through my RSS reader, I came across a news in Business Standard about “Indians being most mobile banking savvy’ based on a recent survey. Normally, I do not really take these surveys too seriously due to the faulty nature of data gathering that happens for most of the surveys. However, I am...

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