new delhi realty portal housingcom today signed an agreement with the realtors apex body credai to set up an online platform that would help developers to engage with customers effectively housingcom and the confederation of real estate developers associations of india credai today signed a memorandum of understanding mou for an exclusive partnership for three years the objective of the mou will be to improve the overall ecosystem and create a new age platform that will enable the developers to engage with the consumers in a focused manner housingcom said in a statement credai has over 11500 developers as members in 154 city chapters across 24 states while housingcom founded in 2012 is the countrys leading online real estate platform with presence in 50 cities housingcom has about 2500 employees the partnership is a testimony of changing times in the manner developers have been traditionally operating in the real estate space housingcom chief business officer jason kothari said the association would redefine the way developers have been approaching the buyers across india he said adding that the alliance would make the real estate community more transparent and consumer centric credai national president getamber anand said the synergy with housingcom would help in bringing an additional credibility to the real estate space by way of professional brokering and large footprint housingcom will actively participate and be represented at all events and forums of the association on its part credai will leverage housingcoms technology superiority and innovation to create online proliferation for its communities housingcom has raised over 100 million in capital from leading investors including softbank the portal has made some major appointments after its board on july 1 this year sacked cofounder and exceo rahul yadav saying that his behaviour towards investors and media was not befitting of a ceo rishabh gupta was appointed as interim ceo in july while jason kothari was appointed as the chief business officer in august to drive the companys growth in india