Housing.com today signed an MoU with
the Confederation of Real Estate Developers' Associations of India
(CREDAI) to set up an online platform to help developers engage with customers
in a hassle free and effective manner. The MoU will be effective for a period
of three years.
"The objective
of the MoU will be to improve the overall ecosystem and create a new age
platform that will enable the developers to engage with the consumers in a
focused manner," Housing.com said in a statement.
CREDAI is the
national body of real estate developers associations from across the country.
With 11500 members in 154 city chapters spread across 24 states. On the other
hand Housing.com is the leading online real estate platform.
Housing.com’s Chief
Business Officer Jason Kothari said, "The partnership is a testimony of
changing times in the manner developers have been traditionally operating in
the real estate space". He further said that the the association would
redefine the way developers have been approaching the buyers across India; adding
that the alliance would make the real estate community more transparent and
consumer centric.
CREDAI National
President Getamber Anand said the synergy with Housing.com would help in
bringing an additional credibility to the real estate space by way of professional
brokering and large footprint.
The MoU provides Housing.com
privileges to actively participate and be represented at all events and forums
of the association. On the other hand, CREDAI will leverage Housing.com's
technology superiority and innovation to create online proliferation for its
communities.
Housing.com has
raised over USD 100 million in capital from leading investors, including
Softbank.
The portal has made
some major appointments recently. Rishabh Gupta
was appointed as interim CEO in July, while Jason Kothari was appointed as the
Chief Business Officer in August to drive the company's growth in India. PTI
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