Wednesday, October 25, 2006

Jaaydaad.Com introduces Real Estate Retailing in India

After Pantaloon Retail India Limited and failed dreams of Reliance Retail, Global Infocomm has ventured into organized retailing of Real Estate in India.

Global Infocomm, is planning to open 600 showrooms with a PAN-India presence. The company is launching from Uttar Pradesh, which, is a very bad move considering the law and order and backwardness of the state. They should have started from Maharashtra or Karnataka the most sought after states for urban development these days.

The company also has a B2C portal JaayDaad.Com. The portal enables you to BUY, SELL or Rent properties immediately but I didn't find much listings as their are on 99Acres.com.

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