Today, we are living in this era which is highly powered by the latest technologies, smartphones, and the internet. Basically, If we are talking about the old-time when people want to buy or sell their property. They had to depend on the real estate agents who help to get the prospective customers to visit their properties. So now we will discuss 99acreas.com and their development cost.
But over the last few years, it has been recognized as one of the most effective and innovative applications of real estate and entitled to the most admired real estate websites.
As a matter of fact, there is no doubt that 99acres as an innovative and successful on-demand real estate application, and also inspired the other entrepreneurs to develop an on-demand website and app like 99acres.com.
Welcome to the Tech Pathway blog, we are going to share with you How much does it cost to develop an on-demand website and app like 99acres.com.
99acres is an Indian real estate website that is founded by Sanjeev Bikhchandani in 2005 with its headquarters in Noida, Uttar Pradesh. This property actually proves itself as India’s best property portal which deals with every aspect of the buyers’ needs and sellers’ requirements in the real estate industry. As well as it has over 9 lakh listings of properties for rent and sale in India, spanning across 600 cities.
99acres.com is an online forum where brokers/agents and owners of the plats, apartments, house, and construction plot can exchange information about real-estate properties effectively and with a cost-effective approach.
At 99acres.com, the sellers and the builders can advertise their property, whereas interested buyers can search for a property, browse through listings and keep updated with the latest price trends, new building projects, and other significant headlines in the real estate sectors.
What made the 99acres.com app become so popular and successful in India?
- Save both time and money:- Basically, the process of buying and selling of property is lengthy and demands plenty of time and money. 99acres enables advertisers to post their ads for free. Similarly, it enables the buyers to get the best-matched properties using filters of different types and also saves their time.
- Search for property made easy:- With 99acres, you can find your dream property and access all the required information as you want to get. You don’t need to hang out around to find the contact details of the builders or sellers either.
- Develop a real-estate brand easily, for free:- Identically, 99acres is one of the best platforms where builders create their brand identity and get a good exposure for free. In fact, there is also another option for builders is paid advertisements which help to boost their visibility among their visitors.
1. For Property Buyers
- 3D view property:- Identically, 3D viewing of properties helps the viewers to get a proper view of the property from each different angle. 3D view of constructed properties or under constructed properties is a great feature to offer to your offers and is often used by many real estate and automobile app developers.
- Calendar:- It gives clear information about the property when it was listed to the users.
- Map:- Having an integrated map with the available property information helps the users to find the location of your property effectively.
- Contact Details of real estate agents:- These features absolutely help the buyers to see the details of real estate agents which makes it easy for users to contact them.
- Ask via email/message:- There is always have an option for the users to reach the sellers and to get their answers for their queries and doubts vis direct messaging or emails.
- Forums:- Forums whereas interested buyers can participate in or discuss their property with brokers and other customers.
- Image:- There is always a feature like an image gallery of real and verified properties in the application which helps to get more attention from the viewers.
- Recent Activity:- The recent activity refers to view all the previous properties searched by the viewers.
- Search:- This feature helps the buyers to search easily among hundreds of listed properties in chosen regions.
- Browse for the latest project:- Buyers can check the newly launched properties as per their preferred city and locality.
- Filters:- Similarly, Buyers can sort the search with different filters and get the exact property.
2. For Sellers
- Sell:- Sellers can advertise their property and manage their listings.
- View Leads:- Identically, sellers can view their leads and check their messages or calls for the listing property
- Customer Support:- This feature is for providing the answers to the customers’ queries by sellers, representatives, and the admins.
- Social Sharing:- Basically, this feature allows the sellers to share their property information on different social platforms, so it can be viewed by others.
3. Advanced Features
- Loan calendar:- Calculate monthly installments and EMI loans.
- Search, filter & Sort:- This feature in the application allows the users to search the property with different filters.
- Collection:- To show the collection of properties in different categories:- independent cities, ready to move, luxury, affordable homes.
- Favorite:- It is basically for users where they can add, delete, or share favorites on various platforms.
Business model to follow the real estate mobile app development like 99acres.com
The business model of on-demand real estate that revolves around the connecting property buyers with sellers. Additionally, it saves time and efforts of both parties and eliminates the gap between them. So, the basic function that an on-demand real estate mobile app performs is:-
- Rent Property
- Sell Property
- Buy Property
Revenue Model of a real estate app
Here are the most common and effective ways that how to monetize your on-demand real estate mobile app:-
- Premium Users Fees:- Many real estate app companies actually provide a free trial to users with limited access. In case if the users want to access more property details. They should subscribe and become a premium member.
- Charger Fees:- Real estate apps can earn money from sellers. Basically, the property owners or sellers who display their property details have to pay a certain amount to the app development company.
- Ads:- Nowadays, advertising is the most popular and effective way of making money from the apps. In real estate mobile apps, the ads should be relevant to mortgage ads, bank house loan ads, property insurance ads, and many more.
Tech Stack Of an On-Demand website and app like 99acres.com
- Mobile SDK:- Android and IOS
- Real-Time Analytics:- Google Analytics, Hadoop, Big Data
- Location Tracking:- Apple Maps, Google Maps
- Payment Integration:- Paypal, Stripe, Braintree, E-Wallets, Net Banking, E-Banking
- Notifications:- Twilio, Amazon SNS, Push.IO, Map, AdPushup
- SMS, Voice, and Phone Verification:- Send grid, Plivo
- Cloud Storage:- Google Cloud Storage, Amazon Cloud Storage
- Databases:- MongoDB, MySQL, Cassandra, HBase
The process to develop a mobile and website application:-
- Requirement Gathering
- UI/UX Design
- App development
- Quality Assurance
- Support & Maintenance
The development cost of an on-demand website and mobile app like 99acres will be almost between $10,000 to $100,000 which depends upon the factors that I mentioned below.
The Location of the app and website development company:-
- USA based company:- $200 – $250 per hour
- Esatern Europe based company:- $150 – $200 per hour
- India based development comapny:- $50 – $70 per hour
The total number of features and panels:- The total number of features and panels will also affect the final cost of your application. If you want to add more features and panels, it will be costlier.
The complexity of UI/UX:- Depending upon the complexity of the UI/UX, your on-demand real estate mobile app development cost will be decided. The more user-friendly and smooth running app you want, then it will be costlier.
The total number of support platforms:- As you want to attract the huge number of users for your application, then you need to develop an app for both Android as well as IOS platforms:-
- Web Apps:- $10,000+
- Hybrid Apps:- $15,000+
- React native Apps:- $25,000+
- Native Apps:- $30,000+
Looking for a Development Company to hire
In case, if you are looking to hire an app development company for your on-demand real estate app like 99acres then you are in the right place. Tech Pathway is one of India’s top leading software development companies. We have an experienced team that serves your android based application as well as IOS based application.