Housing.com crosses 1 million verified rental and resale property listings

NEW DELHI: Property portal Housing.com has said that it has crossed the 1 million verified property listings mark in the rent and resale sections since its inception in 2012.

"Growing at a compounded rate of 31% between Jan to June 2015, Housing.com has successfully verified and collected over 100 crore square feet of area across the country equal to over 13,000 full sized soccer fields in less than 3 years, of which over 50% has been collected in the last 6 months," the company said in a statement.

Rishabh Gupta, interim CEO and COO of Housing.com said, "Achieving the ambitious target of 1 million verified listings in three years stands testimony to our CORE promise of solving the real estate problem in India."

The company claimed that it has 625,183 listings in the rental category that makes for around 600 million sq ft of inventory that is worth Rs 1,000 crore in monthly rentals. It said that its resale category has 375,390 listings encompassing 400 million sq ft that is worth Rs 230,000 crore.