Amid widespread speculation about a possible buyout of CommonFloor.com, Quikr.com today announced the surprise acquisition of RealtyCompass, an analytic s tool for property consumers and investors.

Negotiations for a CommonFloor deal have been going on for months between the Quikr owners / investors and the owners / investors of CommonFloor, a second-tier property site in India. Reports of a potential acquisition have been circulating for months; we carried something about it in October.

“Real estate is a key category for us,” Quikr founder-CEO Pranay Chulet said in today’s announcement about RealtyCompass. “We have been keenly developing some innovations that have the potential to reshape the market landscape. The acquisition of RealtyCompass will help us bring more such solutions to our users.”

Terms of the deal were not disclosed. Quikr has received almost $350 million in investments, and has used some of the money recently to expand in vertical categories with QuikrCars, QuikrHomes and QuikrJobs, and to make several small acquisitions.

Realty Compass derives ratings and user recommendations from more than 100 data points about projects and builders. It is active in seven Indian cities, including Bangalore and Mumbai.

“We see immense value in RealtyCompass’s offerings. … It addresses the needs of the evolved home-buyers and investors who seek better decision-making tools and it also complements our offerings to consumers as we continue to build an all-inclusive real-estate marketplace with QuikrHomes,” said Manish Sinha, head of QuikrHomes.

Earlier this year, Quikr invested in a company that offers 360-degree street views, and then acquired Indian Realty Exchange (IRX), a mobile aggregator of real estate agents.

Quikr said it would add project approvals, social sentiment analysis, user credit scores and other tools to RealtyCompass, which will continue to operate as a standalone site, the companies said.

RealtyCompass was founded in 2013 by Nimesh Bhandari, Sankara Srinivasan, Anand Rathi and Alok Mishra. It received seed funding from Propel Holdings.

— Shilpa Shree

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