REALTYSPEAK

Online portals an advantage to NRIs


Posted: Sunday, May 25, 2008 at 1942 hrs IST
Updated: Sunday, May 25, 2008 at 1942 hrs IST


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Online portals with a database of over 7.5 lakh properties, not only suggest enough options to choose from, but also present an insight into the growing and upcoming realty markets. They also help in providing a check on all the basic facilities like locality, transport facilities, schools, hospitals, markets, sufficient water and electricity supplies, which helps a buyer make up his mind better.

Property portals also help NRIs deal with the hesitation of investing in Indian properties; NRIs have a perception that Indian developers follow unethical practices that result in unsafe investments.

Property portals have a dedicated customer care team, which follows a rigorous verification process to try and minimise incorrect information that may come with the listings. If need be, the executives call up the seller to verify the rates, specifications etc, so that a richer experience for the property seekers can be ensured. In fact, with the introduction of an online property rating mechanism, which is a user-generated rating system, individuals can rate properties based on their interaction with the sellers, which will help the property seeker a great deal.

Proving to be a boon for the NRIs, the online real estate portals have changed the way property seekers search for desired properties. Apart from making property search faster, sharper and easier, property portals are enabling NRIs to contact sellers in India by sitting in their respective countries, and helping them evaluate property options better. It is not long before the Internet will become the preferred medium for buying, selling, renting and leasing properties in India, and wherever NRIs are based, across the world....

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