Snapdeal says close to 10,000 customers registered on real estate platform | The Financial Express

Online marketplace Snapdeal has said that its real estate platform that was introduced in the run up to Dhanteras received close to 10,000 registration.

Online marketplace Snapdeal has said that its real estate platform that was introduced in the run up to Dhanteras received close to 10,000 registration. Snapdeal had introduced first of its kind ‘Diwali Home Buying Fest’ from Nov 3-9 that offered special promotions on purchase of property from over 200 real estate projects.

Customers from Delhi NCR, Mumbai, Navi Mumbai, Thane, Bangalore, Kolkata, Chennai, Hyderabad and Pune have initiated the purchase process with partner builders who tied up with Snapdeal.

The average value of each house booked on the platform is Rs 55 lakhs.  Over 1,000 customers registered to avail home loans during the ‘Diwali Home Buying Fest’, through Snapdeal’s financial services platform – Rupeepower.

“We are absolutely thrilled by the overwhelming response we have received to our Diwali Home buying fest. We were the first marketplace to introduce the real estate category and this Diwali has affirmed our commitment to further increase our assortment under this category,” Tony Navin, senior vice-president, partnerships and strategic initiatives, Snapdeal said.

The Diwali Home Buying Fest also marked the launch of Snapdeal’s new real estate platform that connects buyers with developers as well as property consultants and channel partners. It features include map based search, project segregation on the basis of location and convenient inventory booking.

First Published on November 13, 2015 4:13 pm