Tag Archives: online-real-estate-india

InfoEdge’s 99Acres Ups the Ante on CommonFloor & Housing.Com

InfoEdge Focus on 99AcresInfoEdge India’s 99acres.com incurred a loss in the June-2014 Quarter due to continued investments in sales teams, product development and advertising. Management believes that the loss is likely to increase if competition intensifies. The company has announced a QIP of Rs7.5bn primarily to invest in 99acres.com.

In the Indian Real Estate Online Space, competition from newer Continue reading InfoEdge’s 99Acres Ups the Ante on CommonFloor & Housing.Com