Case Study

Real Estate

Managing over ₹2 crore in ad spend, this real-estate developer needed consistent, high-intent enquiries in a competitive market. DXDasia built a project-specific landing-page and campaign system that reached a 9% landing-page conversion rate.

Key result

9% Landing-Page Conversion

Landing PagesGoogle AdsMeta AdsLead ManagementSearch Engine Optimisation (SEO)
Modern family house with a landscaped front lawn

The challenge

High competition and expensive clicks meant every enquiry had to count — but lead quality and follow-up were inconsistent.

  • Intense competition driving up cost per click
  • Inconsistent lead quality across channels
  • Inefficient, slow follow-up letting warm leads go cold
  • Generic pages that did not match specific projects or buyer intent

Our approach

We matched the right buyer to the right project and made follow-up systematic.

  • Project-specific landing pages built around location, price point and buyer profile
  • Geo-targeted, intent-driven campaigns across Google and Meta
  • Funnel-based retargeting and lead segmentation by readiness
  • A lead-management workflow for faster, structured follow-up

The outcome

Ad spend translated into a steady flow of qualified site visits:

  • 9%landing-page conversion rate on managed campaigns
  • A consistent flow of high-intent enquiries
  • Faster lead-to-site-visit turnaround
  • Better return on a ₹2 crore+ managed ad budget
  • Cleaner segmentation between hot and nurture leads
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Why it worked

Real-estate performance is won on relevance and speed. Project-specific pages plus disciplined segmentation and follow-up turned a costly, competitive channel into a predictable source of site visits and enquiries.

Behind the approach

Real estate leads have a short shelf life, so the landing-page work focused on getting a qualified enquiry in as few steps as possible rather than gathering extensive information upfront. Copy and imagery were tested by property type and price band, since a luxury listing and a first-time-buyer listing convert on completely different messaging even within the same brand.

What does the property buyer journey look like in India in 2026?

Property is a high-trust, long-cycle purchase, and recent buyer data shows what that trust rests on. ANAROCK's H1 2025 homebuyer survey, an online survey of nearly 8,250 people across 14 cities, found that buyers care most about delivery certainty. Because the survey was online, it skews towards digitally comfortable buyers, which is the audience paid campaigns reach anyway.

Buyer signal (ANAROCK, H1 2025)Figure
Buyers who demand timely project completion assurance98%
Buyers who rank construction quality as a top demandOver 93%
Buyers favouring homes priced Rs90 lakh to Rs1.5 crore36%
Respondents preferring 3BHK units45%
Buyers preferring affordable homes (under Rs45 lakh)17%
Ready-to-new-launch ratio (46:18 in early 2020)16:29

Source: [ANAROCK Homebuyer Sentiment Survey H1 2025](https://websitemedia.anarock.com/media/Homebuyer_Sentiment_Survey_H1_2025_e9f8bd6e5e.pdf), 14 cities, January to June 2025.

ANAROCK attributes the move towards new launches to growing trust in large, established developers with a record of on-time delivery. For a campaign, the message is practical: approvals, construction progress and delivery history deserve as much space as price and amenities.

What RERA means for your advertising

Section 11(2) of the RERA Act requires advertisements to carry the project's registration details. In one case, MahaRERA found that a newspaper advertisement whose registration number and QR code were blurred and unreadable breached Section 11(2) and imposed a Rs10,000 penalty. Separately, commentary on the Act notes that under Section 12 a promoter is liable to compensate a person who suffers loss by relying on a false or misleading advertisement, and that Section 61 allows penalties of up to 5% of the estimated project cost. Display rules differ by state, so check your own RERA authority.

Close the loop with sale outcomes

Meta's guidance for connecting a CRM to lead ads recommends sending all stages of leads as they are updated, so optimisation can learn from leads that progress rather than every form fill. If follow-up moves to WhatsApp, the platform's policy allows contact only where the person has given opt-in permission, so build consent into the form from the start.

What paid search costs and how quickly to respond

LocaliQ's 2026 benchmarks, drawn from Google and Microsoft Ads campaigns and weighted towards the US, put the real estate average at $3.22 per click, a 3.70% conversion rate and a $102.51 cost per lead, against an all-industry average cost per lead of $66.69. Indian costs differ, so treat these as the shape of the market rather than a target. On speed, Harvard Business Review's research on online sales leads concluded that most companies are not responding nearly fast enough. Where enquiries go cold quickly, the follow-up process is part of the campaign.

How can you apply this approach in your own business?

These steps turn the data above into a working campaign. They apply whether you run one project or several.

  1. Build one page per project and buyer segment Match each page to a price band and the question that buyer is asking. Put that intent in the page's H1 rather than only the project name, so the ad, the keyword and the page say the same thing. Our notes on conversion rate optimisation cover how to test it.
  2. Make the RERA details legible everywhere Show the registration number and the authority's website clearly on every ad creative and landing page. Check the display rules for your state, since legibility has already drawn penalties.
  3. Lead with delivery evidence With 98% of surveyed buyers asking for completion assurance, show approvals, construction-status photographs and past delivery dates near the top of the page, not in the footer.
  4. Ask for the minimum on the first form Collect name, phone number and one qualifier such as budget or timeline. Gather the rest on the first call, when you already have the buyer's attention. This is the core of any lead generation funnel.
  5. Set and measure a response-time rule Assign an owner to every new enquiry and track the median time to first call. A written target that someone reviews weekly beats a general intention to be quick.
  6. Report on site visits and bookings, not enquiries Cost per enquiry hides quality differences between channels. Grade leads by stage and compare channels on cost per site visit and cost per booking, as good paid advertising management should.

On one Kolkata commercial-property campaign we found a Quality Score of 1/10, with all three components rated below average. One ad group mixed office-for-sale, commercial and retail keywords, so a retail-spaces advertisement was served on office-for-sale searches. We split it into three themed ad groups, each with headlines containing its own keywords. The remaining drag was the landing page, whose H1 was only the project name rather than the buyer's intent.

Looking ahead

The 9% landing-page conversion rate is now the internal benchmark the team uses when briefing new campaigns, and the page structure that produced it is being adapted for upcoming listings rather than rebuilt from scratch each time. The next focus is extending the same conversion discipline to the post-enquiry follow-up sequence.

Frequently asked questions

Do property advertisements have to show the RERA number?

Section 11(2) of the RERA Act expects advertisements to refer to the project's registration details, and MahaRERA has penalised an advertiser whose registration number was unreadable. Display the number and the authority's website clearly in every format. Because state rules differ, confirm the exact requirements with your state authority or a RERA lawyer.

What conversion rate should a property landing page expect?

There is no reliable universal figure. LocaliQ's 2026 benchmarks show a real estate search average of 3.70%, but that mixes markets, price points and intent. Set your own baseline per project and price band, then improve it by matching page content to the specific buyer.

Is cost per lead the right measure for property campaigns?

On its own, no. Real estate's average cost per lead in the LocaliQ data is $102.51, but two channels with the same cost per lead can produce very different site-visit rates. Measure cost per site visit and cost per booking, and send those outcomes back to the ad platform.

How fast should we follow up a property enquiry?

Faster than most competitors. Harvard Business Review's research found that most companies respond too slowly. We recommend a written target, a named owner for each enquiry and weekly review of the median time to first call. A CRM built around your sales stages makes that easy to enforce.

Sources

  1. ANAROCK: Homebuyer Sentiment Survey H1 2025
  2. 24law: MahaRERA fines Akola developer Rs10,000 over illegible RERA details
  3. T C Ray & Co: Advertisement Guidelines under RERA, an overview
  4. LocaliQ: Search Advertising Benchmarks for Every Industry (2026)
  5. Harvard Business Review: The Short Life of Online Sales Leads
  6. Meta for Developers: Conversions API for CRM
  7. WhatsApp Business: Messaging Policy

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