HOUS­ING.COM IN RENTAL SPACE

Hindustan Times (Chandigarh) - Estates - - ESTATES -

Hous­ing.com has an­nounced that it will be ex­pand­ing its pres­ence from the core busi­ness of home buy­ing and sell­ing to in­clude home rentals as well. Last year, the real es­tate search por­tal had taken a strate­gic de­ci­sion to close rentals in or­der to fo­cus on the home buy­ing and sell­ing seg­ment. Com­ment­ing on the de­vel­op­ment, Ja­son Kothari, chief ex­ec­u­tive of­fi­cer, said, “The com­pany has de­liv­ered ex­cep­tional re­sults in the last one year and has achieved a suc­cess­ful busi­ness turn­around. We are ex­cited with the progress and be­lieve now is the right time to ex­pand, start­ing with rentals. Although we had planned to restart rentals around end of 2017, but the re­cent de­mon­eti­sa­tion move has led us to ad­vance our plans. We look for­ward to a launch early next year.”

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.