Indian real estate is highly unregulated, unorganised market with huge
potential. The information flow is concentrated to brokers and agents
which acts as their only tool to extract money from buyers and sellers.

The most important factor as we all know in real estate is Location,
Imagine what happens if the location information is made freely available
to public. Its happening in other parts of the world and india will
not be untouched. http://www.Mapofi.com is one such initiative which is
breaking ground and actually have taken steps to provide a way to where
the future lies. Its interesting to know that Buyers and sellers save
50% on their commission when they transact through Mapofi. Without
compromising Real Estate Agents share.

Indian real estate market has one of the lowest rate of commission
structure (2%) as compared to its european and American counterparts. Still
the lack of regulation makes it a bitter experience for the sellers
and buyers with increasing number of insecure real estate brokers. There
is an urgent need to make this market more regulated and rules drawn
clearly and transparently. A combined intiative from Govt. and real
Estate community is required.

Its Time for an inevitable change to make property transaction a
Delightful Experience for everyone.