Entry level job oppurtunities in start ups like Commonfloor.com - The Week

As the recruitment season is on its way, "The Week" identified some of the entry level job opportunities which will be in demand by the freshers and experienced employees in its recent MaRS Hot Jobs Survey.

In the survey, Commonfloor.com also got a mention as it is a start up which promises lot of oppurtunities for the newly passed students and freshers. Speaking to the correspondent, Sumit Jain, CEO of commonfloor.com, said that "Working in a start up forces you to push your limits and do what you would never expect yourself capable of.

While working for a big company one learns the existing processes and the so-called best practices, at a start up one learns to create new processes and optimise."

To know more about the current job scenario, decision making factors and what employers are looking for, grab a copy of "The Week" 3rd June 2012 Edition and read it for yourself!

CommonFloor.com now on Radio!

Commonfloor.com has recently added another feather to its hat by coming live on a major Radio channel. The Commonfloor ad will be featured at various prime times of the day. The online portal has already made its presence in various national and local dailies for its success stories.

 CommonFloor.com, India’s largest real estate online portal, till date has served more than 28,000 communities comprising of over 2,500,000 houses and has maintained its presence across 105 cities in India and abroad.

So why wait? Tune into radio and also Click here to listen to the ad on Soundcloud to enjoy the ad! 

“Best apartment, best location, best facility...”, next, “Best apartment, best location...” Everyone calls their property “the best” on a property site. Now how do I decide?"

"Visit Commonfloor.com. The “only” apartment portal with unbiased property details, floor plans, interactive forum, and so much more. Commonfloor.com. For every apartment."

Saga of India's Largest Residential Community Portal - Successstories.co.in

Successstories.co.in recently published a feature on CommonFloor.com, its journey from 2007 to being India’s largest residential community portal and its founders: Vikas Malpani, Sumit Jain and Lalit Mangal.

Started from a garage in 2007, till date it has served over 28,000 communities comprising of over 2,500,000 houses and has maintained its presence across 105 cities in India.

The one stop portal was founded by Sumit Jain, Lalit Mangal and Vikas Malpani with the main motive of providing residential requirements to the prospective buyers, helping in searching for an apartment, assisting interactions within residential communities and other owners and linking people to appropriate and relevant service providers via vendor connect.

Also, the founders felt that a transparent and trusted platform is needed to connect apartment owners as there is a lack of proper communication between the buyers and the owners leading to failed real estate deal.

Sunit Jain and Lalit Mangal are Computer Science graduates from IIT Roorkee and have past work experience at Oracle India. Vikas Malpani is a Computer Science Graduate from JSSATE, Bangalore and has previously worked for SAP Labs India. He was also one of the top 20 innovators in the country recognized by "MIT Technology Review India magazine”.

Commonfloor.com, apart from providing apartments also assists in managing accounts for communities and discussing their issues online with the apartment management software and provides significant information on tax and property law.

CommonFloor- Community Partner for 3rd CMO Asia Awards 2012

CommonFloor.com, India’s largest real estate online portal is a community partner for 3rd CMO Asia Awards 2012 for Excellence in Real Estate.

CMO Asia Awards is known for organizing many events like Excellence in Branding & Marketing, Excellence in Food, Service & Hospitality, Excellence in Real Estate, Best Employer Branding Awards, Best B-School Awards, Best CSR Practices Awards and many more.

CommonFloor, an one stop portal serving more than 25000 gated communities, 25 lakh homes across 100 plus cities in India and “Website of the Year 2011”, is proud to be part of it.

The award show is hosted by Stars of the Industry Group and will commence on July 19, 2012 at PARK ROYAL on Kitchener Road, Singapore. Some of the award categories with many sub divisions include achievement awards, developer of the year, most admired projects, property awards, category awards, property consultant of the year, popular choice award, most preferred brand by real estate sector.
Criteria to get nominated in this award are- in organizational category, they are each entry should be accompanied by write up of around 2700 words, profile of the company should include its structure, systems and processes, media write ups and interviews along with annual reports, description of past and future projects. Criteria for individual category include personal profile, achievements, media coverage, photograph and relevant details.

The entry fee for nomination is Rs 12500 along with 12.36% service tax to be paid in favour of CMO Asia, payable at Mumbai, India.

Commonfloor.com an online platform which solves your real estate woes- Yourstory.in

Yourstory.in recently published a feature on CommonFloor.com, which spoke about how the website is a one stop shop, for its users to find their dream home, without going through the hassles of house hunting, dealing with real estate agents and middlemen and even the tedious formalities.


“One day there was a sewage issue at the apartment Sumit and Lalit were staying. Most of the residents came down and that is when they realized that one of their old friend stays in the same apartment. This is becoming a common phenomenon. We hardly have any interaction with our neighbors. CommonFloor was started with the aim to solve this problem,” said Vikas.

Hunting for a house midst dealing with real estate agents, middlemen is one of the toughest task in today’s world!

One has to go through a roller coaster ride to find a good apartment which has all favorable facilities and amenities.

You can get transparency in all these real estate dealings only when you use a realty portal “Commonfloor”. Yes, Commonfloor.com is such online portal serving more than thousands of gated communities across India.

Commonfloor.com founded by Vikas Malpani, Sumit Jain and Lalit Mangal paves way for ultimate transparent information in concern with the aspects of real estate market.

One of the co-founders of Commonfloor.com, Vikas says that in Indian society one hardly interacts with neighbors, meanwhile Commonfloor was started to solve this problem.

Being batch mates at IIT Roorkee the co-founders Lalit and Sumit had worked at Oracle for a year till year 2007. Also, Vikas has an experience of working with SAP Labs as a computer engineer.

With the efforted foundation laid down by these three entrepreneurs, today Commonfloor.com has grown big to a strong team of 80 wherein all are giving their best to make sure apartment or community living a peaceful one!

Commonfloor is solely marketing channel for real estate developers, property agents, service providers to offer their best services to the specific apartment audience. Also, this is the best platform for advertising services.

These are the services Commonfloor.com is providing having around 28,000 communities listed on site across 105 cities. The year 2009 was a great time for this startup when Accel Partners invested in CommonFloor.com.

The portal has bagged awards such as “Best website for housing sector-2011” and “One of the top 20 innovators in the country recognized by MIT Technology Review India magazine” Commonfloor.com has also attracted some interest from the international market.

Impact of Budget 2012 on affordable housing- Deccan Herald

Vikas Malpani, Co-founder of CommonFloor.com commented on a recent story featured in Deccan Herald following the Budget 2012-13.

"The Budget has given a boost to the affordable housing sector. Real estate companies developing large affordable housing projects with large fund requirements will benefit the most from the easing of external commercial borrowing (ECB) norms. “Adds Malpani, Co-founder and Head – Marketing & Communities – CommonFloor.com, “This will result in increase in price but will bring down the unaccounted transactions involved in the industry.”

This year budget has brought great hopes for those builders who were indulged in developing affordable homes.


As per the current external commercial borrowing (ECB) norms, interest rates will be charged less in case of loan taken from foreign financial institutions than domestic ones.

Also loans have been made cheaper for affordable homes' buyer by extending the interest subvention of 1% for another year on housing loans up to Rs 15 lakh, on the cost of the house which does not exceed Rs 25 lakh.

One disadvantage would be the increase in service tax from 10% to 12% this year.

CREDAI source said the TDS applied on transaction of a property will also increase the cost of buying a property.

Technology brings neighborhood closer!

The online platform is the only happening trend which can get any amount of information at your finger tips. It is no more difficult for you to find out a house or an apartment, neighborhood issues or may it be facilities at the apartment complex.

The real estate websites and portals offering rent-in and rent-out options is right now the talk of the hour. There are many platforms which provide similar information with community based.


However, who gives better and organized real estate platform is what the individuals will look out for! One such similar real estate portal is managed by Vikas Malpani co-founder of CommonFloor.

As Vikas Malpani says, Commonfloor is one stop platform for residents, property buyers, property managers, service providers, real estate agents connecting each other through technology.

Neighborhood favoring issues such as discussing about transport with other residents, location, budget discussions and many such can be discussed on this platform. Also, this realty platform has been very helpful for the people who stay in abroad and wish to purchase property back in India for their parents.

Today the technology has improved so much that one can send an SMS or e-mail in concern with neighborhood issues using an online platform. Similar kind of services was much into use in tier-one cities, similarly the same services is pave way for huge benefits in tier-two cities too!