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The fastest growing online Indian Real Estate portal, Makaan.com, today launched India's first online property rating system (check www.makaan.com/makaanrating). This unique feature allows million of property seekers to rate the properties on the basis of usefulness of the listings. The system is completely automated and works on the basis of user inputs. A regular online property search normally results into hundred of matching properties and seekers may not have the time to contact all the sellers. This is where Makaan rating will help; it will put them in touch with advertisers that have displayed correct information, making the property search faster & sharper. Aditya Verma, Business Head Makaan.com said, "Makaan Rating is a powerful tool aimed to benefit both buyers and genuine sellers. Over period of time, sellers who furnish correct information will be able to sell their property faster. It will also put positive pressure on sellers who give false information to get more sales queries. With this feature we hope to build on our motto "Real Properties. Real Buyers". With nearly 40 thousand Indian Property classifieds in newspapers and about 7.5 lac property listings online, there lacked an appropriate evaluation process to assess the genuineness of the displayed information. This initiative by Makaan.com is expected to set a benchmark for the validation process of property listings. As the system is based on personal experiences of buyer with the property sellers, it is neutral and not influenced by the portal. The system works on a star-rating format, higher the number of stars against the listing, higher is the correctness of it's information. About Makaan.com Makaan.com is an online real-estate service promoted by People Interactive; the consumer Internet division of the Anupam Mittal led People Group. This site has been conceived to explore and invent opportunities in the online real-estate space. Makaan.com is committed to helping users make wise and profitable decisions related to buying, selling, renting and leasing of properties, in India and key global geographies. This user-friendly portal has Pan India presence, with physical offices in top 13 cities of India, including Delhi, Mumbai, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Chandigarh, Jaipur, Kochi, Vizag and Vijaywada. About People Interactive People Interactive was founded in 1997 to help architect India's Internet landscape. Today it is one of India's leading Internet companies and boasts brands such as Shaadi.com, Shaadi.com Centres, Fropper.com, Makaan.com and Astrolife.com. The company is focussed on discovering and developing scalable Internet business models around communities and classifieds. It prides itself in being a pioneer of Indo-centric Internet business models and believes in innovation led growth. The company won the IT People Award 2007 for Excellence in Information Technology, and was also awarded the Red Herring Asia Top 100 Awards in 2006. In September 2007 Business Today recognized the company's flagship brand - Shaadi.com as one of the Top 10 Marketers in the country. Shaadi.com was also felicitated at the WEB18 'Genius of the Web' Awards 2007, as the best E-Commerce site (Matrimony), and Shaadi.com Centres won the 'Franchisor of the Year Award' for the third consecutive year in 2007. People Interactive was also named as one of the Top 500 companies in Deloitte Technology Fast 500 - Asia Pacific Awards 2007. People Interactive is a Sequoia Capital backed company and is part of the Anupam Mittal led People Group.
Article Source: http://ezarticles.net
Author Signatures Benifer Gracias is an Indian Property agent. She has written authoritative articles on Indian Properties and Indian Real Estate
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