Mumbai-based real estate startup, Housing, has announced another milestone. The company has now crossed 1 Mn verified property listings in the Rent and Resale sections since its establishment.
Housing has grown at a constant rate of 31% between January to June 2015, and has been able to verify & collect over 100 Cr. square feet of area across the country in less than 3 years.
Meanwhile, rival Commonfloor has more than 1 lakh residential projects listed on its platform in 200 cities. It has already mapped 10 Mn homes with the help of its 1000+ employees.
Housing follows a rigorous data collection and quality process to ensure verification of listings. Once the data is collected, each listing pass through Housing’s Data Science Lab (DSL).
DSL is a reservoir of impactful data comprising of a team of data scientists who study demand and supply of property markets in different cities, to create algorithms and simple graphic representation for the same.