NEW DELHI, Jan. 10 -- India is one of the fastest growing markets for the e-commerce industry. With many industries like apparel and fashion being influenced by e-commerce, real estate industry is not far behind. Real estate is an information driven industry. With the Indian home buyers getting younger and more tech-savvy, they research about the properties, developers, facilities and amenities accessible at the property online. With technological advances like virtual reality, buyers choose to visit the prospective homes virtually prior to actually visiting the site.

According to industry sources, India has been ranked the second largest online market in the world where 20 million Indians search for homes online every month. Almost 53% of...