Snapdeal.com, one of India’s largest online marketplace, announced the launch of a new category- Real Estate. Snapdeal has tied up with TATA Value Homes to sell their apartments online. Together, the brands will now revolutionize the property retail sector.
Snapdeal.com is rapidly expanding its categories to provide a range of products to its consumers across the country. Tata Value Homes Limited is 100% subsidiary of Tata Housing Development Company Limited, India’s fastest growing pan-India real estate developer was established in 2010, to exclusively focus on value and affordable housing. The vision of Tata Value Homes is to be the largest home provider in India.
Talking about the new partnership, Kunal Bahl, CEO and Co-founder at Snapdeal.com said, “The partnership was a calculated decision- we have partnered with TATA Value Homes as it stands out in the industry with quality construction, ethical and transparent business practices, rapidly acquiring an image as a Quality Conscious and Reliable Developer. At Snapdeal.com we are constantly working towards providing valuable options to our consumers through our various categories. With this new Real Estate category, we are all set to change the property retail sector.”
Recently, Ratan Tata, Chairman Emeritus, Tata Sons, has made a personal investment in the company. This investment by RatanTata, a renowned name in the Indian as well as global business circles is of great significance to the company and stands testimony to the growth and success seen by the company in a short span of 4 years.
Snapdeal.com has seen 600% growth year-on-year for the last two years and currently houses over 5 million products across 500+ diverse categories from over 50,000 sellers. With the vision to create life changing experiences for small businesses and consumers, the company is run by a young and dynamic team of 1500+ members.