(openPR) - May ’08: MagicBricks.com, India’s No 1 property site brings a golden opportunity for NRIs & PIOs, in the USA who are planning to return to their homeland or invest in real estate in India. MagicBricks.com India Property show, USA will offer the best of properties from India including hundreds of residential and commercial properties to choose from, all at a single venue.

MagicBricks.com is hosting the India Property Shows in USA to serve as a platform for buyers and sellers to come face to face and make the most of this excellent investment opportunity. The unique & innovative MagicBricks.com India Property Shows are being held in on 17–18 May ’08 in New Jersey and on 24-25 May ’08 at San Jose, USA.

Indian Americans are the richest ethnic group residing in United States. Indians have climbed up the success ladder and are one of the pillars of the American society today. The average yearly income of an Indian worker is $51,904, and 59.9% of them are in working in the managerial positions more than any other Asian group residing in USA. They are now looking at options of investing in the booming Indian real estate market.

Speaking about the India Property Shows in USA, Mr. R. Sundar, CEO, Times Business Solutions Limited said, “In addition to providing the large Indian diaspora in the USA an excellent opportunity to invest in the booming real estate market in their home country, The MagicBricks.com India Property Shows in USA will offer hundreds of residential and commercial real estate properties and projects to choose from, all at a single venue, and provide property developers across Indian states unparalleled access the huge untapped potential among high net worth NRIs and PIOs in USA.”

“A significant proportion of NRI investors are seeking strategic partnerships and joint ventures with established and reputed property developers across India. The MagicBricks.com India Property Show is an unique platform that will offer an unparalleled opportunity for property developers, housing finance companies, and investment firms to showcase their projects, products and services related to the real-estate sector.” added Mr. Naveen Luthra, VP & Business Head, MagicBricks.com.

On participating in the MagicBricks.com India Property Show, Mr. PAPA RAO, Managing Partner, Sree Foundations remarked, “The best part about MagicBricks.com Property Shows are that they bring genuine buyers to the event. MagicBricks.com events have attracted many walk-ins for us in the past as well. The venue, management, and media plan, including advertising were big factors in attracting genuine property-seekers. We are participating in MagicBricks.com India Property Show USA and look forward to its future events in India and as well as abroad.”

Added Mr. Puneet Singh, Director, Bharat Hitech Builders, "We have had a long and beneficial relationship with MagicBricks.com, and have also been regular participants in their property shows since the first one in Dubai in March ’07. With every event, MagicBricks.com is setting new benchmarks for Indian real estate exhibitions abroad. Their property shows attract many potential walk-ins. We are looking forward to the upcoming MagicBricks.com India Property Shows in USA and with their strong media plan we see it as a strong platform to tap the USA market."

“MagicBricks has successfully established itself in India as No. 1 property portal in very short span of time. In order to move the value chain and adding value to its customer, MagicBricks.com has forayed into international events and successfully organized international events in Dubai, Singapore and London. There were a lot of footfalls, which in turn led to a lot of business conversion by our exhibitors. In these exhibitions, exhibitors did business of more than Rs.150 crores.” added Mr. Luthra.

There will be an abundance of properties to choose from, brought by the best and most illustrious developers and builders at the MagicBricks.com India Property Show, USA. Some of the reputed names participating in the show include Gardenia India Pvt. Ltd., Mahagun Realtors, Collage Group, Asth Vinayak Promoters, A.K. Estate, Demac Properties, Kanpur Leafin, Tivoli Gardens, Sree foundations, and Bharat Infratech amongst others.

So don’t miss this amazing opportunity! Make time & visit the best developers and builders - all under one roof at the innovative India Property Show, USA on the 17–18 May ’08 at NEW JERSEY Convention Center, 97, Sunfield Avenue, Edison New Jersey-08837, 661-1202 and 24-25 May ’08 at SAN JOSE Convention center, 408 Almaden Boulevart, San Jose - CA- 95110.
For more information, please contact -

Gaurav Sinha
National Sales Head
MagicBricks.com
98111 43973
Gaurav.sinha@timesgroup.com

Times Business Solutions
B-1-C, Sector 10
Noida 201301
0120 - 30291123

About MagicBricks.com –

The internet has empowered and paced up our lives almost on every front. The emerging virtual world of the real estate sector is an outstanding example of the paradigm shift the internet is bringing. People prefer to search for information on product online before they actually buy it and this applies to property search as well. Online property search is catching up fast, be it a residential or a commercial plot, building, flat or office space.

Keeping with the trend, Times Business Solutions launched MagicBricks.com in August ’06, as a platform to bring together buyers and sellers in the real estate industry. Within three months of its launch, MagicBricks.com achieved the status of being the No.1 property portal in India. With its revolutionary next-gen services customized specifically to address the real estate industry it has consolidated its position as the leader in the sector. MagicBricks.com provides a common platform for all users, and provides a space for property buyers & sellers to locate properties of interest and source information about all property related issues in a transparent and unambiguous process.

MagicBricks.com offers a pan – India coverage of over 500,000 listings, showcasing the Indian real-estate market. MagicBricks.com currently records over 15 million page-views per month.

MagicBricks.com comes packed with a host of tools, never witnessed before by Real-Estate Industry, which include –

•Location Map Service: This unique service is the first of its kind in India that provides home-seekers with the benefit of viewing the maps of selected neighborhoods - highlighting banks, schools, hospitals and other important places around properties that interest them.

•Unique Property Alerts: provide regular Email & SMS Alerts every time a property listing matches user requirements.

•Micro-Sites: Key developers and builders also have micro-sites within MagicBricks.com to showcase their particular offerings in their own unique style.

•Virtual Walkthroughs: Unique previews of selected properties, much like a site visit, that can be viewed online anywhere, anytime.

•Click to Call: empowers users to call property sellers for free, through the site

•Rent Zone: a dedicated section for rental property seekers - keeping in mind the requirements of professionals who are constantly shifting base and locations.

•Brix-Research: MagicBricks.com Research and Analysis wing constantly monitors the property and real-estate market in the country, providing insights, impact assessment reports, official forms, legal & taxation expertise and realty rates to MagicBricks.com users.

MagicBricks.com observed that the majority of people, in this business, were constantly on the move, and did not access the internet on a daily basis, but conducted their business over mobile phones, and thus the most valued services launched by MagicBricks.com, which further advanced its leadership were the Mobile & Internet convergence services, first through ‘MagicSMS’, and subsequently ‘MagicBricks Mobile’.

Through the ‘Magic SMS’ service, users can send free SMS through the website to sellers for properties and buyers for requirements that interest them. The simple and user-friendly interface creates a succinct yet comprehensive message that is sent to the person who has listed the property or requirement.

As a value addition to MagicSMS , MagicBricks.com also provides developers and real estate agents - ‘Property Leads on SMS’ – a premium service that offers instant SMS updates of new properties, listed for sale or rent customised as per the subscribers selection.

Not one to rest on its achievements, MagicBricks.com launched, India’s first Mobile Property Portal – ‘MagicBricks Mobile’. This small application (less than 50 KB), enables users to search for properties by property type, budget, and city on their GPRS enabled cell-phone. They can view further details of shortlisted property listings, live off the site, right on their cell phones. Users can instantly contact the concerned person by sms or phone call and the application stores the history of the contact they have made in past sessions, for easy recall and follow-up.

With such innovations, it is evident MagicBricks.com retains its leadership position with more than 5.5 Lakh properties live on the site, and over 3.5 lakh registered users, including over 55,000 real estate agents and more than 7,500 builders having their presence on the site.

MagicBricks.com also conducts Property Fairs, branded as “MagicBricks.com Property Bazaars”, which serve as a one-stop-shop for property-seekers to interact face-to-face with developers, agents and housing financing institutions, all at a single venue. MagicBricks.com Property Fairs are conducted in 4 different formats, Locality-Centric (e.g. Property Fair in Bangalore for properties in that city), Income-Centric (e.g. Luxury Properties for HNIs – by invitation only), Regional Showcase (e.g. Goa properties fair in Delhi), and International Fairs (e.g. Indian Properties showcased to NRIs and PIOs in Singapore, Dubai & London). So far, MagicBricks.com has conducted over 50 domestic and over 10 international property fairs.