Doing A Groupon In Real Estate

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An Indian website is attempting to do a groupon in real estate by aggregating buyers and enticing developers to list their properties for free.

Mumbai (I-Newswire) November 27, 2011 - Announcing the launch of dealmela.in - India's first dedicated group booking portal

DealMela is a platform for real estate crowd sourcing by using the power of the net to reach to a wide cross section of real estate sellers and buyers. The portal not only allows buyers to aggregate, it also provide sellers with a potent tool to offload their inventory through the portal.

The DealMela value proposition:
DealMela deals in four segments on a pan - India basis viz. residential apartments, luxury villas, plots/land, holiday/ second homes. Limited properties are listed for sale allowing diverse buyers to express their interest and evince an intention to purchase.

A significant discount is guaranteed provided a minimum number of such persons eventually sign up! Buyers can also create and join location based / project specific buyer communities and facilitate online aggregation! While existing portals do not charge any fee to buyers, brokerage is levied on builders based on actuals sale to the buyers. In the true spirit of dis-intermediation in the real estate market, DealMela offers free listing of properties to all builders/ brokers/ agents! Besides, all potential buyers evincing interest in the properties are directed to the seller directly with any commission.

DealMela seeks to empower buyers to benefit from buying in bulk. Discounts to a group of enlisted buyers is a common phenomenon. However, there are hardly any platforms which allow such aggregation for obvious reasons. The success of group buying sites is testament to the inherent strength of the crowd. DealMela also allows disparate buyers to come together, join hands and negotiate harder. In addition, DealMela allows sellers to make a quick sale to a group of buyers who have aggregated with an intent to buy at a discount. DealMela also provides sellers the platform to reach out to a large section of buyers at flat cost.

About DealMela.in:
'DealMela.in' - an Online Property Fair offering attractive discounted rates on select properties to a group of potential enlisted buyers. DealMela is the first dedicated player in the online real estate group booking space offering unconditional free listing options to any builder/ broker/agent. The portal is backed by a team of experienced and seasoned professionals led by Mr. Shivarama B, an ex-banker and Chartered Accountant.





About M S Bhat & Co:
Real Estate group booking portal

Company Contact Information
M S Bhat & Co
Shivarama
101 Nityanand Sadan Bhardawadi Andheri W
Mumbai
400058
Phone : 9930996966




Business > Real Estate

booking   Real Estate   property  

November 27, 2011

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