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| Impact of Internet- Residential & Commercial Property |
Indians in today’s scenario
are inclined towards internet usage which provides them profound
facts and figures on any chosen matter at an ease. In the same
context, more and more Indians are seeking information from the web
prior making a decision regarding a property deal, an estimate of
worth $43 billion decisions are made via source of internet. And the
impact of internet on real estate transactions taken as a whole
amounts to $31 billion for residential and $12 billion for commercial
(which includes rental amount as well). Surprisingly this online
research is not just confined to the metro cities but has also drawn
out to the buyers in tier II cities as said by Google Director- Nitin
Bawankule.
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| Reat Estate & Internet |
A study commissioned by the
US-based firm mentioned that buyer’s decision regarding real estate property deals through online web turns out to be 50% which in turn
adds to a favorable opportunity for online real estate brokers,
developers and aggregators to committedly engage the prospective
buyers by equipping them with enriched and purposeful information on
the web with utmost accuracy entailing in-depth information of
property and easy price comparisons.
Around 45% of the buyers
mentioned that their decision was inspired by broker sites, blogs and
forums. And 73% respondents as per a survey, prefer using mobile app
for seeking property research. Bawankule also mentioned that queries
generated through mobile are growing vigorously year-by-year.
Content Source:
http://tinyurl.com/nngl94a
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