(openPR) - 6 Nov ’08 - MagicBricks.com, India’s No. 1 Property site in association with Homebay, a Subsidiary of Jones Lang La Salle Megharaj, India’s leading Real Estate consulting firm, presents the Chennai Property Bazaar on 8th & 9th November 2008 at Mayor Ramanathan Chettiyar Hall, Santhome High Road, MRC Nagar, Chennai.

MagicBricks.com and Homebay’s Chennai Property Bazaar ’08 will offer more than 10,000 properties and over 100 projects including Luxury Apartments, Villas, Farm Houses, Low Cost Housing, Budget Apartments, Commercial & Retail spaces, and even SEZ Projects brought by Chennai’s best and most illustrious developers, builders, and real estate agents – all at a single venue.

Speaking about the MagicBricks.com and Homebay Chennai Property Bazaar ’08, Mr. Naveen Luthra, Vice President and Business Head, MagicBricks.com said, “MagicBricks.com and Homebay Property Bazaar is bringing an exclusive property exhibition with a host of amazing property options by all the leading developers of Chennai. The exhibition will showcase all the major builders and developers in the region. The MagicBricks.com Property Bazaar will also prove to be the ideal event for both home-seekers & investors - as they can meet a myriad of builders and developers, all under one roof.”

Mr. Ramesh Nair, Managing Director, Jones Lang LaSalle Meghraj, added, "When you are planning one of the biggest investments of your lifetime - your own home, you want to be sure of your decision. At Homebay Residential (a subsidiary of Jones Lang LaSalle Meghraj), our dedicated residential real estate professionals completely understand your concerns and guide you to make this experience a memorable and reassuring one.”

“Magicbricks.com Property Bazaar provides a perfect platform to interact with leading developers in the city and for the developers to effectively reach out to their potential customers. These events serve to enrich the buying experience and to make them as easy and convenient as possible. The real estate market definitely has long-term underlying growth. Potential buyers need to realize that if one buys and holds for the long term one is not likely to lose. Real estate values generally go up in the long run, with very few exceptions,” he added.

There will an abundance of residential and commercial options to choose from brought by participating sponsors, which include True Value Homes, Vijayshanthi Builders, Marg Swarnabhoomi and Hirco. Some of the other reputed names participating at the Chennai Property Bazaar are Olympia, Shriram Properties, Doshi Housing, Mahindra Life Space, South India Shelters, Arun Excello, Rajparis, Rajkhom, Coral Group-Cochin, BBC Foundations, Antony Associates, ABI Estates, and Olive Beach Promoters, Emaar MGF, Jain Housing, City Square and HDFC Ltd as the finance Partner.

Speaking about the event Mr. Nawaz Hussain, Director, South India Shelters, remarked, "The Property Bazaars organized by MagicBricks.com in past were very successful events and, we received a good response from Property seekers. The recent MagicBricks.com Property Bazaars where we participated, covering Chennai Properties were professionally managed, well-organised events. We look forward to continuing and developing our rapport with MagicBricks.com and participating in the future events as well."

Speaking about the Chennai Property Bazaar, Mr. Bimal, Head Marketing, Marg Ltd. said, "The previous Property fairs organized by MagicBricks.com brought us genuine buyers with their strong media plan and excellent event management. Their events attracted many walk-ins for us in the past. We look forward to the forthcoming fairs of MagicBricks.com across India and abroad."

MagicBricks.com is set to provide over 5,000 home-seekers & investors expected to walk-ins during the two day event, an amazing experience with this landmark real estate event.

So don’t miss this amazing opportunity! Make time & visit Chennai’s best developers and builders - all under one roof at the innovative MagicBricks.com and Homebay’s Chennai Property Bazaar ’08 at Mayor Ramanathan Chettiyar Hall, Santhome High Road, MRC Nagar, Chennai, on 8th & 9th November 2008!

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 550,000 listings, showcasing the Indian real-estate market. MagicBricks.com currently records over 18 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.

•Click to Call: India's first free calling service through India's No.1 Property Site. Property seekers can make free calls to all premium property advertisers at anytime and anywhere, cutting time & distances with just a simple click. This is the first time in India, any property site has provided an absolutely free calling facility to both buyers and sellers in a simple and user-friendly manner.

•Call n Post: MagicBricks.com "Call n Post" @ 0124 3915555 makes the process of property transactions available even to the non-net access user. Users can call from landline or mobiles and have their properties or requirements listed on MagicBricks.com with the ease of the phone. The helpline enables anyone with access to a phone to post their requirements, with a single phone call. To add to this convenience, users can simply type "Property" and SMS it to 58888. They would then receive a confirmatory SMS from MagicBricks.com, and would receive a call from a MagicBricks.com executive within 24 hours, who would register them (and their properties) on MagicBricks.com over the phone.

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, with the launch of “Click to Call” & “Call n Post” services 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 4.5 lakh registered users, including over 55,000 real estate agents and more than 10,000 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 70 domestic and 10 international property fairs.

For more information please contact –
Gaurav Sinha
MagicBricks.com
B-1-C, Sector 10, Noida -201301

0 98111 43973