Godaddy is first name come in mind when you looking for web service like domain name and hosting. But if you looking for the cheap web service provider its not good option.
They provide cheap service for only first year and after that they makes their cost almost double which make you very costly.
But the good thing is that they provide easy interface to control and manage the websites. And service is also good thats why they are popular.
If you want to looking .com domain at 99 rs only then you have purchase the domain for atleast two year and next year cost is very high.
Similary they show their cheap packages at low rate but their the some term and conditions like you will get the cheap package if you purchase it for more than three years.
And the worst part is that they take extra amount to hide our contact details and if you not give that money your details is available to various advertisement comany.