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What is Research Team | Posted On Monday, January 20,2020, 05:41 PM

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What is



The Government has launched an e-commerce like portal for you to buy ready-to-move apartments in cities. National Real Estate Development Council (NAREDCO) has launched the portal This has the power to become India’s Amazon of Real Estate. would be transparent and also have a redressal system to address consumer grievances.


The portal has the power to bring back the mojo in the real estate sector in India. With this portal, the housing ministry helps homebuyers identify genuine properties.

The platform is only for completed projects which have received the Occupancy Certificate or the OC. This would create a seamless, safe and transparent home-buying experience. The real estate sector in India gets a big boost as home buyers regain confidence and with the flow of liquidity, infrastructure and industry would bounce back. This is the tonic the economy badly needs.

See Also: Real Estate In India

Want to know more on Residential Apartments? We at will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.

What is

The portal is open for real estate developers to register the projects. This would be open for a time period of just a month where developers can register projects. The portal is open for you and other home buyers with a 14-day sale period which starts from February 14th 2020. You get 15 days to view projects listed on You and other buyers can purchase homes from March 1st 2020 to 31st March 2020 on

The real estate sector has taken a severe hit in recent times. Sales have improved and the real estate sector is on a turnaround. The real estate sector must join with the portal and make sure the real estate sector is back.

See Also: Things to Know Before Buying a Residential Apartment

What is

The portal has a powerful backend platform. You see the most accurate and up to date inventory data in the market. You can book an apartment online with

With you and other buyers can easily access and take advantage of the best priced inventory in minutes for a limited time period. You can view listing info which includes the building floor plans, the room dimensions, the complete video tour of units and external views as of looking out of windows and balconies.

See Also: How To Buy A Flat?

You can directly book or reserve a residential unit from the portal. All you need is a refundable payment of just Rs 25,000. There is also the ‘Money Back Guarantee’ where the initial buyer deposit made on the portal is refunded if you don’t purchase the residential unit. You get immediate notifications if any units shortlisted, have already been sold.

The portal gives you an opportunity to buy a great project from a reputed builder. More than 1,000 affordable housing projects are listed on the portal. CREDAI-MCHI, CII, FICCI, ASSOCHAM, Builders Association of India (BAI), and Indian Merchant Chambers (IMC) are all partners in this initiative.

See Also: Buy vs Rent a House

Yes, portal is a great initiative to buy that dream house. It would be great if all RERA registered projects are launched on the portal.

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