www.indiahomes.com website is no more working . India Homes Official Website Shut Down

Real Estate portal indiahomes. com has stopped working after is closed its new & Resale apartment sale business due to financial issues, including being in violation of one of the policy set in the new e-commerce rules as it offers One percentage discounts to buyers on buying homes from the commissions paid by real estate builders, thereby directly influencing the final sale price, said some of the realtors with knowledge of the latest development.
The real estate portal has been facing issues in recovering financial dues of around Rs 200 crore from real estate builders for the past 2 years because of a slow real estate market and its real estate investors have showed the concern about new provisions in the #realestatebill that brings in criminal liability on part of realtors.
“The real estate investors in the company—NEA, Foundation Capital and Helion Ventures—are firm on there decision not to put in more money in indiahomes.com,” said one of the realtor quoted above. After the issue with closing there real estate portal for financial reasons , Now there website www.indiahomes.com also stopped working .
The official website of india homes was originally registered on 04 March 1999 and was FDI funded company and our corporate backers include some of the world’s most prestigious private equity funds Helion Ventures, Foundation Capital (USA) and New Enterprise Associates (USA)
With business operations in 50 cities, over 600 dedicated company employees spread across
our 17 business circles in India, America, Europe and the Middle-East, indiahomes.com have helped customers buy over 10,000 homes and have serviced over 1,00,000 customers over 5 years