#commonfloor.com

Quikr merges CommonFloor.com with real estate biz

New Delhi: Online classifieds player Quikr today announced the merger of CommonFloor.com with its real estate vertical QuikrHomes. Quikr will continue to operate both brands in the market. The merger, which is expected to be completed over the next two to three months, will give CommonFloor.com access to Quikr’s 30 million consumers, Quikr said in a statement. QuikrHomes, on the other hand, will…

Commonfloor.com plans to launch IPO in 3-5 years

MUMBAI: Riding high on the growth in the online real estate segment, property portal Commonfloor.com is planning to launch an initial public offer (IPO) in three-five years to raise funds for expanding business. The company also expects to turn profitable in two years. “The online real estate segment is growing rapidly, mainly due to the penetration of internet and increase in usage of…