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Company : CommonFloor.com 
Friday, October 16, 2015 5:05PM IST (11:35AM GMT)
 
Flatchat goes International with Singapore Debut
Bangalore, Karnataka, India

Flatchat, the home rentals and roommate-finder app, is now launching in Singapore. Backed by CommonFloor.com—Flatchat is a mobile-based platform that helps students and bachelors find accommodation and flatmates. The app has been completely re-designed for the Singapore market, and is expected to be publicly available to users by November 2015. Singapore will be the entry point for Flatchat’s expansion to international territories.

Singapore is the fourth-largest financial centre in the world, with a high population density comprising a large community of Indian expats. Additionally, the island city-state receives thousands of students from across the world every year. Finding suitable accommodation here fosters a lot of concern and apprehension among foreign students. Also, the Singapore rental market is highly controlled and expensive, making Flatchat a perfect offering.

Commenting on the launch, Sachin, Head of Operations, Flatchat, says, “After months of research, we decided to begin our global expansion with Singapore. I believe Flatchat’s unconventional approach to home rentals, its interactive and quick responsive app and peer-to-peer chat model will be able to create differentiation. This philosophy, apart from eliminating brokerage costs works well with the modern smartphone-savvy generation. We are extremely thankful to CommonFloor for their support.”

Sumit Jain, Co-Founder & CEO, CommonFloor.com, commented, “We are excited for the Flatchat team and the journey that they are embarking on. The objective of simplifying and solving accommodation concerns for students and bachelors in Singapore holds a great opportunity. As a first mover in creating value by building a customer-centric ecosystem for real estate, we are confident of the immense growth potential in this decision to go international. It is a major step in driving future readiness through technology and will translate into growth, for both Flatchat and CommonFloor.”

Launched in 2014 by Gaurav Munjal and Hemesh Singh, Flatchat connects the prospective accommodation seeker with home owners or potential flatmates. Within a year of its inception, Flatchat has established a strong user base of more than 150,000 in India. The app is currently available on both Android and iOS platforms.

Interested people in Singapore can register for an early invite to the app on http://www.flatchat.sg/

About CommonFloor.com

Launched in 2007 by Sumit Jain, Lalit Mangal and Vikas Malpani, CommonFloor.com is India’s leading real estate platform that combines property search, apartment management and vendor management catering to an entire spectrum of home seekers in the country.

The unique platform enables people to search for apartments, facilitates interactions within an apartment community through the ‘CommonFloor’ platform and connects them to relevant service providers—in short, it enables ease of home ownership or renting by thinking through and providing the much needed ecosystem that serves end-to-end customer needs. With over five lakh active property listings from over 200 cities, CommonFloor has over one lakh residential projects listed with it. CommonFloor.com has been funded by Accel Partners, Tiger Global and Google Capital.

To know more about CommonFloor.com, please visit: http://www.commonfloor.com/
 
About Flatchat

Flatchat connects potential flat-mates, prospective owners, and seekers by providing matches based on location and requirement. It also provides an accommodation assistant to help with queries and technical issues.
 
Flatchat is a platform which aims at connecting a seeker with flat owners and flat-mates without them having to go through brokers. Flatchat currently caters to the Indian market primarily in Bangalore, Mumbai, Delhi-NCR, Pune, Chennai, and Hyderabad.
 
When sharing a flat, the most important thing is whom you are going to share it with. With just a Facebook profile required to get started, Flatchat matches people and needs. A chat service then takes it forward till the customer’s needs are met. Download Flatchat at http://flatchat.com

 
For News Release background on CommonFloor.com click here
 
Media Contact Details
Shahbaz Mamdani, CommonFloor.com, +91-7259359333, shahbaz.mamdani@commonfloor.com
Akash Thakur, Perfect Relations, +91-7760118507, athakur@perfectrelations.com
 
 
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