There are several online real estate portals running in Pakistan, a couple of them have captured the market and leading the industry. In such a scenario it’s hard to take an initiative to start a parallel venture and compete but Lamudi.pk’s case is different. They get recognized in very less time and now they are strong competitors of existing giants of real estate industry in Pakistan.
Yesterday, Lamudi.pk’s team arranged a meetup event for bloggers and I was privileged to meet country head of Lamudi Mr Saad Arshad. I learnt from him that Lamudi has B2C model and their main focus is on quality of ads, each ad is verified by their quality control team so there is no chance of fake ads posting by spammers. Service quality of Lamudi has been recognized in very less time and now they are enjoying a good competition and generating handsome revenue as well (Although he didn’t share concrete figures).