Snapdeal-Tata Housing sells house worth Rs. 1.1 cr

E-commerce firm Snapdeal and Tata Housing, which have partnered to sell homes online, have announced their largest transaction worth Rs. 1.1 crore hours after commencing the sale of premium and luxury apartments.

In a statement the two firms said over 1,800 enquires were received at the recently held property carnival, highlighting the growing demand for properties online.

Amit Maheshwari, VP, Fashion, FMCG and Real Estate, Snapdeal said, “Since the launch of the real estate category, we have focused on forging alliances with some of the most trusted names. Snapdeal offers an effective and economical channel for Tata Housing to reach the target group across India.”

Snapdeal is also exploring alliances for providing options such as site visit facilities and documentation services.

Since the launch of the real estate category in August 2014, Snapdeal said its real estate category has grown 400 per cent in the last six months and currently comprise a portfolio of residential projects from developers across India including Tata Value Homes, Tata Housing, DLF, Sobha Developers, Godrej Properties, Mantri Developers, and Purvankara. Business Line