SOURCE: SecondSpace

 

NOIDA, INDIA and BELLEVUE, WA--(Marketwire - July 23, 2008) - 99acres.com, India's no.1 real estate portal, and SecondSpace, Inc., the global online marketplace for second homes and recreational retreats, today announced a mutually beneficial partnership to share property listings. This strategic partnership will allow users of both these portals to access listings for buying second homes and recreational retreats. SecondSpace's network of Web sites -- including ResortScape.com and LandWatch.com -- reach millions of visitors per month and have more than 800,000 lifestyle property listings from 100 countries.

99acres.com has already contributed over 60,000 listings across India into the SecondSpace™ Lifestyle Property Network and 99acres.com will subsequently receive property listings of countries including Canada, USA, Australia and the UK from SecondSpace. Besides strengthening each company's global reach, the partnership will also enhance branding and visibility of both companies' Web sites.

To mark the occasion, Vineet K. Singh, Business Head of 99acres.com, said, "The real estate market in India continues to boom, and we see a continued influx of overseas buyers and investors looking for their perfect villa, beachfront escape or luxury residence. Partnering with SecondSpace enables us to showcase our range of vacation properties, homesites, in-city condos and apartments to affluent buyers who visit ResortScape.com and LandWatch.com from across the globe."

"99acres.com is by far the leader in online real estate in India," said Anil H.P. Pereira, founder and CEO of SecondSpace. "Adding over 60,000 of their listings from major Indian hot spots provides tremendous selection to the millions of non-resident Indians, vacation home seekers, retirees and global investors who are looking to find their ideal property in one of the most beautiful and culturally vibrant countries in the world."

SecondSpace's ResortScape.com and LandWatch.com web sites leverage the power of the company's highly scalable "semantic web" platform which includes a unique natural language search engine; region-, lifestyle- and amenity-based navigation and filtering; a proprietary behavioral targeting engine; and an intelligent listings switch that syndicates properties to the appropriate site based on highly sophisticated algorithms. SecondSpace has been named a Top 100 U.S. Technology Company by Silicon India Magazine each year since the company's founding.

About 99acres.com

99acres.com is the no.1, real estate portal in India. It was launched by Info Edge, in September 2005, as a gateway to the country's property bazaar, and an information 'exchange' for buying, renting and selling of all types of residential and commercial properties anywhere in the country. The website enables easy access to a huge property bank for netizens and allows for direct connections to real estate agents in cities in urban and remote parts of India. With properties of almost 8000 builders, 60,000 brokers and 1,000,000 individuals, the portal lists over 300,000 properties. The site has a registered database of 3,000,000 users.

For more information or to buy, sell or rent property in India, please log on to http://www.99acres.com

About SecondSpace

SecondSpace, Inc. (http://www.SecondSpace.com) is an online services company operating a network of highly immersive Web sites that enable people to make the most of the "second home" lifestyle. The company's sites include ResortScape.com (http://www.ResortScape.com), LandWatch.com (http://www.LandWatch.com), and a fast-growing network of international and co-branded sites that connect out-of-region buyers with knowledgeable professionals who have a local presence in thousands of rural and resort communities across the Americas and around the world. SecondSpace's sites are powered by the company's innovative, patent-pending Lifestyle Search & Discovery™ platform. The company is headquartered in Bellevue, WA, USA and led by a team of internet veterans with backgrounds from Amazon.com, American Express, Classmates.com, IMDb, Microsoft, VeriSign, Trendwest and other leading companies.