“Technology and analytics will be the biggest differentiator and game changer in the online real estate industry,” says Rahul Chowdhri, an investor in Mumbai-based Housing.com, reportedly in talks with investors to raise an additional $40 million.

Chowdhri is talking about India’s real estate industry, where Housing.com, founded in June 2012, now competes with upstarts like PropTiger and CommonFloor.

The Economic Times reports that just like in the U.S., Indian buyers are looking for hyperlocal data shedding light on factors like crime, school quality, commute times, and access to public transit.

“Is the area safe? Are the nearby schools good? Will the builder give possession of the house on time?” 44-year-old investment banker Sameer Rana tells the Times. “All such questions plundered my mind and I did not have the time to go through every property myself to decide.”

Real estate brokers, he said, “could not be trusted.” Source: economictimes.indiatimes.com.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription