99acres.com, an Indian real estate portal, announced recently that it has maintained the position of being the top property website, in relation to the total traffic share, of the online property category as per the comScore report.
The total traffic share is measured either through the time spent by per exclusive visitor or the number of webpages viewed by every exclusive visitor. The famous real estate brand based a more than 42% and 45% correspondingly of the traffic share.
“The comScore numbers are a testimony of our intent of providing seamless, quick, and high quality experience for our users. We will continue to innovate and offer cutting edge solutions to improve user experience in the future as well,” said Sumeet Singh, Executive VP Corporate Communications &Marketing, Info Edge India.
Inspite of maintaining its position as the top real estate industry, the revenue in the second last quarter of 2015only moved as far as 12 per cent in the direction of growth while the EBITDA loss stuck at Rs. 35 Crore. However, even after seeing this sluggish picture, InfoEdge’s CFO, Chintan Thakkar maintained that the company will rise with the real estate market, which is also down presently. Meanwhile, with the Indian property market being down, the company is presently focusing on creating a strong brand presence in the market, which they feel will give enduring results.
To keep updated with what India’s top property portal is up to, follow – https://plus.google.com/+99acres
Tripti Rai, a keen observer who swears on fiction readings. Professionally working with a concentrated focus on real estate sector, she keeps her readers informed about latest developments in real time through her writing. When found not writing or reading, she is busy thinking about the next book or writing inspiration. You can find her on G+ and LinkedIn.