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MagicBricks.com Gurgaon Property Bazaar ‘08 nets over Rs. 12 crores Over 2,500 Home Seekers walk-in

08-14-2008 12:34 PM CET | Industry, Real Estate & Construction

Press release from: Times Business Solutions

MagicBricks.com Gurgaon Property Fair 08

MagicBricks.com Gurgaon Property Fair 08

MagicBricks.com, India’s No. 1 property site successfully conducted the “MagicBricks.com Gurgaon Property Bazaar ‘08” on 9th – 10th August at 32nd Milestone, Gurgaon. The event witnessed over 2,500 home seekers walk-in over the two-day event and conduct business of over Rs. 12 Crores.

Speaking about the event, Mr. Gaurav Sinha, National Sales Head, MagicBricks.com said, “The MagicBricks.com Gurgaon Property Bazaar ’08 saw over 2,500 home seekers walk-in to interact with twenty five developers and builders participating in the event. Business transactions of over Rs. 12 Crore were conducted. The participants were not only from Delhi and NCR but also from Jaipur which gave visitors another reason to visit the fair.”

Mr. Asheesh Kher, a visitor, seeking his dream home, impressed by the event, remarked, “The MagicBricks.com Fair was a good opportunity for me to come and see all the options available in market. It made the search for my dream home a lot easier. I can now go home and think about all these choices before finally getting to a conclusion without having to visit various places where these builders and developers are actually located. MagicBricks.com fairs have really simplified house hunting!”

Participating developers were equally impressed by the turnout, as elucidated Mr. Devender Yadav, Executive Director, Roots Developer Pvt. Ltd., “The large educated and talented pool in Gurgaon is slowly being exposed to international quality living. We wanted to showcase quality housing and our wide range of facilities that make life more pleasurable and vibrant. Magicbricks.com exhibition in Gurgaon has been a stupendous success for us.”

Col. Chopra, Vice President, BDI, added, “The BDI Group believes that such kind of professionally organized property fairs are the need of the hour since the real estate boom in India needs to be explored at all possible levels and developers can directly interact with the prospective buyers and MagicBricks.com Gurgaon Property Fair served this purpose successfully.”

This was the fourth such event in Gurgaon that MagicBricks.com organised successfully, and offered hundreds of project options ranging from budget, affordable to premium residential & commercial properties brought by over 15 premium developers from North India – all at a single venue.

Some of the reputed names participating in the Gurgaon Property Bazaar ’08 included Roots Developer Pvt. Ltd., BDI, BPTP, Ramprastha, Van Sundaram, Madhyam amongst others. They were able to register booking for 25 projects on-the-spot and generate thousands of other leads for future registrations in their projects.

For more information, please contact –

Gaurav Sinha
National Sales Head
MagicBricks.com
B-1-C, Sector 10, Noida - 201301

gaurav.sinha@timesgroup.com
0 98111 43973

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 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
•Unique Property Alerts
•Micro-Sites
•Virtual Walkthroughs
•Click to Call
•Rent Zone
•Brix-Research

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.

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