Zamanzar is the latest property portal to hit the stands. Based out of Noida, it is attempting to be much more than just a classifieds website for properties. For Zamanzar offer is offering the full set of brokerage services and is backed up by a professional sales team that assists users in closing the transaction. The range of services offered by them include property tours, title checks, property valuations, marketing property to Indians and NRIs, showing property to prospects, deal negotiation, legal paperwork, home financing, and property registration. Currently available for Delhi/NCR, the website plans to go national and cover other major cities in India. Their revenue model is based on charging for premium internet advertising and on transaction fees for closing real estate deals.

Their website is straightforward and easy to use. Property locations are shown in Google maps next to every listing (see screenshots below); there is also a simple recommendation system that indicates prices of similar properties in other parts of the city (next to the property being searched).

So how is Zamanzar trying to be different? Firstly, they intend to be a one stop shop for real estate, not just a real estate classifieds website. Secondly, they are trying to address the problem of lack of professionalism in the real estate brokering industry, while leveraging the power of internet as a communication medium. Given the typical problems involved in real estate transactions – black money, lack of transparency etc., there is the need for professionally managed and ethically run real estate firms. As an example- they don’t act as both the buyer’s & seller’s broker in one transaction, thus eliminating a conflict of interest.