Housing.com expands into Tier-II cities, opens office in Chandigarh
Chandigarh, 30thSeptember 2021: India’s leading online real estate company Housing.com has announced the launch of its operations in Chandigarh, the tri-city area, which also covers Panchkula and Mohali. The move by the REA India owned online portal comes at a time when housing affordability has improved tremendously and digital media have made property investment completely hassle-free. The new office of Housing.com will help the company cover a market where there has been a great spike in real estate activity for both builder partners and broker partners because of the increase in demand. The decision by Housing.com to expand to tier-II cities is on the back of fast growing internet penetration. The number of active Internet users in India is expected to increase by 45% in the next five years, and touch 900 million by 2025 from around 622 million in 2020, according to the IAMAI-Kantar ICUBE 2020 report. And most of these new internet users will come from ...