Distribution of Furnished,Unfurnished and Semi furnished properties across cities

stats-for-furnish-3

 

Observations

1) The availability of fully furnished properties is highest in Delhi – NCR followed by Bangalore & Hyderabad.

2) Mumbai houses the highest number of unfurnished properties followed by Chennai & Hyderabad.

3) The availability of Furnished properties(Semi Furnished+Fully furnished) is highest in Delhi -NCR followed by Bangalore.

CommonFloor.com launches “Collections” Feature for Property Seekers

With the objective of enhancing user experience, CommonFloor.com offers property seekers yet another tool that keeps them abreast of the latest trending options pertaining to properties in their cities.   Available through the “Collections” tab featured on the www.commonfloor.com website, “Collections” are compilations of select projects carefully curated by the CommonFloor.com data team around interesting themes. The collection list features a host of properties categorized across 9 of the most trending property themes which include – luxury villas, smart homes, green homes, designer homes, sports lover homes, high rise townships, homes in city center, integrated townships for families and budget homes.

"Collections" Tab is available on the home page

“Collections” Tab is available on the home page

Launched on the 15th of August, 2014, the tool is enjoying great response. We have observed quite an immersive and engaging user experience. Currently available for Bangalore, we intend to make this option available for all metros and mini metros in the next 45 days.

The Collections Bangalore Page

The Collections Bangalore Page

Each of these cities shall have their own “Collections” page. We shall also increase the categories under each collection to about 15 and continue to work on the page design to enhance user experience further.

To view the “Collections Page” access the given link: http://www.commonfloor.com/collections 

CommonFloor.com launches propertyhaunting.com – an interactive fun platform for users

Users can share their property hunting stories & play ‘Property Haunting’ games

Blog-post

Bangalore, August 19, 2014: As a part of the newly launched TV campaign “No Darr. Find Ghar”,   CommonFloor.com, India’s leading real estate and apartment management portal announced the launch of an interactive website propertyhaunting.com, where users can share their property hunting stories, experiences and anecdotes and play ‘Property Haunting’ games. This initiative is based on the same theme as the ongoing TV ad Campaign and attempts to give a fun perspective to concept of “HOUSE HAUNTING versus HOUSE HUNTING” that is based on the nightmarish experience most property seekers go through while searching for their dream home.

Sumit Jain, Co-Founder & CEO, CommonFloor.com, said, “Property hunting is an intense and serious activity. We intend to add a fun element to property search with propertyhaunting.com and look forward to engaging and connecting with our users more closely.”

Sharing his views on the site, Vinayak Warke, VP- Marketing, CommonFloor.com said, “Idea of this website is to provide an interactive and engaging platform to our users around the brand campaign theme – house hunting can become house haunting. The site is the product of a lot of thought and effort. Multiple gaming levels, an opportunity to play with multiple players and interesting giveaways for winners will certainly make the experience an engrossing one for users.”

From the gaming perspective the website caters to everyone with interesting games including quizzes, jigsaw puzzles etc. The game format of the website lets user acquire as many plots or properties in the virtual CF city. Users can log on to the website using their Facebook account details and can win exciting prizes.

About CommonFloor.com:

Launched in 2007 by Sumit Jain, Lalit Mangal and Vikas Malpani, CommonFloor.com, is an innovative online service that combines property search, apartment management and vendor management and caters to a person’s complete residential requirements.

From searching for an apartment to facilitating interactions within an apartment community on the ‘commonfloor’ platform, to connecting one to relevant service providers, the portal is dedicated to meeting all aspects of consumers’ needs around their home. With property listings from 120 cities, it has over 1 lakh projects listed with it. CommonFloor.com has been funded by Accel Partners and Tiger Global.

To know more about CommonFloor.com, please visit: www.commonfloor.com

CommonFloor.com launches its first TV ad campaign

Humorous and entertaining, CommonFloor.com strives to remove all fear associated with property decision making

Bangalore, August 4, 2014: India’s leading real estate and apartment management portal has launched a new marketing campaign with the tagline – “No Darr. Find Ghar”

Created by JWT, the campaign’s Television commercial is slated to go live today. The campaign primarily targets nervous newbies to help them overcome the fear of property related decision making. It drives home the key advantages of CommonFloor.com like exhaustive choices, accurate information, deep insights, easy-to-use tools and innovative technology. It also showcases how CommonFloor.com’s features like Verified Property Listings, Map Search, Direct Call to the Property Owners (available on mobile app) and even a Virtual Tour of the Property can empower every consumer. Over and above TV, the campaign will run across other media like print, outdoor, digital, cinema & radio.

Sharing his views on the launch, Sumit Jain, Co-founder and CEO, CommonFloor.com, said “This is a major milestone in our journey. As a company we have come this far without a large scale marketing push, so I can only imagine how inspiring our growth trajectory will be with a campaign of this magnitude. This endeavour is the work of some of the brightest and most sought after talent in the industry. I am thus certain that this will take our organization to the next level”.

Vinayak Warke, VP- Marketing, CommonFloor.com said “We are very excited to launch our first TVC. At CommonFloor.com, our focus has always been on empowering people to realize their property dreams. The objective of this campaign is to highlight the problems faced by property seekers and how CommonFloor.com addresses this through a fearless and informative experience, leading the user to an easy and effective property decision.”

Adding further he said, “The campaign focuses on increasing brand awareness of CommonFloor.com and also showcases our mobile app that is available across all three platforms – Android, iOS and Windows. We are sure that our mobile app will enhance the property search greatly.”

Sharing his thoughts on the strategy and creative idea of the campaign, Senthil Kumar, National Creative Director, JWT said” The Creative Idea of HOUSE HAUNTING versus HOUSE HUNTING leaps straight from the consumer insight that finding a dream house can become a nightmare. We translated this insight literally in form of a very comic Eighties Indian Horror Movie flick narrative that makes the spot something you’ll surely watch out for. The TVC shows the crazy story of a couple who end up House Hunting in an unknown location with a ghost for a house owner. It then shows how the smart husband saves the day by using the CommonFloor mobile app. The execution is true to the Eighties Indian Horror Film style that will make every viewer laugh out loud. I am also sure that when it comes to House Hunting, it will make viewers remember India’s biggest and most trusted online real estate portal CommonFloor.com”.

To view the ad click on https://www.youtube.com/watch?v=ByiDAXZr_f8

About CommonFloor.com:

Launched in 2007 by Sumit Jain, Lalit Mangal and Vikas Malpani, CommonFloor.com, is an innovative online service that combines property search, apartment management and vendor management and caters to a person’s complete residential requirements.

From searching for an apartment to facilitating interactions within an apartment community on the ‘commonfloor’ platform, to connecting one to relevant service providers, the portal is dedicated to meeting all aspects of consumers’ needs around their home. With property listings from 120 cities, it has over 1 lakh projects listed with it. CommonFloor.com has been funded by Accel Partners and Tiger Global.

To know more about CommonFloor.com, please visit: http://www.commonfloor.com

10 things from the Union Budget 2014 that could impact property investment!

10 things from the #UnionBudget2014 that could impact property investment

Is Mumbai following suit with Newyork, Singapore & Hongkong on popularity of 1BHKs?

mumbai-1-BHK-stats-2

 

Insights

1) The highest number of 1BHK’s are in Mumbai compared to the other metros.
2) Our latest stats reveal that 35% of new projects (in terms of units) in Mumbai are 1BHKs.
3) Hyderabad, Chennai and Bangalore have more 2BHK’s than their metro counterparts.
4) Kolkata and Bangalore house higher number of 3BHK’s than Mumbai.
5) The overall demand in all these metros in highest for 2 and 3BHK properties.

CommonFloor.com launches E-model feature

Keeping in view the need of property seekers to have a feel of a property before construction, CommonFloor.com offers its users E-model feature.  CommonFloor.com is the first online real estate portal to come up with this feature. With the e-model feature on the CommonFloor.com website viewers can have a 360 view of a property room wise from wall to wall and from ceiling to floor.

All seekers have to do is click on the camera icon displayed on the floor plan view at the side of the screen and rotate it for a 360 degree view. Property seekers can get a good and feel in terms of space, lighting and ambiance.

Emodel 1

The e-model feature is currently available for over 250 projects across 7 cities (Metros and Mini metros).

The app version of the feature was launched on July 4, 2014. Currently available for android mobile phones, the app shall soon be launched for IoS and Symbian devices as well.

To try out the e-model feature click on:  http://blog.commonfloor.com/vtour/indraprastha_ruhe/3bhk/tour.html

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Do you have a lot of unanswered questions on Home loans? Watch this video now and get them all answered!

How far has Bangalore expanded in five years?

infographic-for-Expansion-of-2 (1)

 

Insights

1) Areas under North Bangalore such as Hebbal , Yelahanka are gaining more prominence over the recent years.
2) Clearly the boundaries are shifting in all the zones of Bangalore.
- East  -  Boundaries have shifted from Marathahali to Whitefield ,Sarjapur Road.
- West –  Boundaries have shifted from RajajiNagar to Yeshwantpur ,Tumkur Road.
- South – Boundaries have shifted from JPNagar, BTM Layout to Kanakpura, ElectronicCity and Bannerghatta road.
3) Areas around East Bangalore such as Marathalli, Old Airport Road,Kagadaspura,CV RamanNagar are loosing sheen to Sarjapur Road and KR Puram.
4) Areas around South Bangalore such as RajarajeshwariNagar , Kanakpura road and Electronic City are considered emerging investment areas.

What amenities do you get for your budget in Bangalore?

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Insights

Every established builder promises these four basic amenities such as garden, play area , electricity backup & security services. Additionally based on your budget you can avail the below amenities in the projects.

1) With a budget of Rs.20L – 60L in Bangalore, your project is most likely to have the garden and likely to have the gymnasium.

2) With a budget of Rs.60L- 120L in Bangalore , your project is most likely to have a garden, a club house and a gymnasium and likely to have a swimming pool,wifi and playcourts.

3) With a budget of more than Rs.120L in Bangalore, your project will have all advanced amenities such as a club house,the swimming pool , the gymnasium , the garden and the wifi facility.

 

CommonFloor.com Launches “Verified Listings” Feature

Product-post

With a view to taking the property search experience a notch higher we at CommonFloor.com offer our users ‘Verified listings’.

CFV_listing_view_count

Properties listed under the verified tag have been visited by our representatives in person to ensure accuracy and completeness of listing information you see.

The moment a property listing is received, the CommonFloor.com team gets in the touch with the specified contact for the property. Based on the person’s availability for showing the property a person from our verification team visits the property to verify listed details.

We assure our users of accuracy of details pertaining to but not limited to property name, property type, number of bedrooms, number of bathrooms, direction facing, flooring type, parking availability, servant quarter, number of floors, proximity to important facilities, availability to bachelors, and rules relating to pets.

We also guarantee the authenticity of contact details for properties we verify. This includes the contact type (broker, owner or owner representative), mobile number and email id of the point of contact.

While we do offer our users authenticity on a host of parameters we do not verify property documents and related. We also don’t look into fluctuations in property price and rent based on market conditions.

Despite having initiated the process a few weeks back, we have been able to verify thousands of properties and strive to verify nearly all properties for the benefit of our users in a matter of a few months.