What the research changes.

Company results and annual-report material. The figures are reported by the company and describe the listed portal model, not the whole property market.

Regulatory filing. Revenue, loss, cash and operating detail are accounting measures; they do not isolate the effect of one product decision.

Filing record for an inventory-led model. Inventory, cash use and contribution metrics need to be read together.

Company results and annual-report material. The figures are reported by the company and describe the listed portal model, not the whole property market.

Listed portal and property-services reporting. Country and product mix matter when comparing it with a new market.

Listed-company reporting for 99acres. Billings and operating loss belong to the reported period and business scope, not to every property portal.

Reported closure and suspension. This is a useful counterexample, but press reporting cannot establish every internal cause.

Experimental index work highlights the data and methodology burden. It is not a bank-grade live valuation index.

Official housing-credit context. The stock figure is kept provisional in the research package and is not independently recomputed here.

Official land-service context. A digital service does not by itself make a full title or closing record dependable.

Company-reported customer-centre service volume. A request count is not app-only usage, conversion, collections or profit.

Company-reported program detail. Innovation Fund and Sustainability X Challenge counts are separate; neither is a scaled-outcome or ROI measure.

JLL reports that 5% of CRE occupier teams said they achieved all AI program goals. The overall 1,500+ figure combines investor and occupier decision-makers; the exact occupier subgroup denominator is not disclosed, so do not calculate 5% of 1,500.