MagicBricks.com's Grand Success at the Jaipur Property Bazaar

Over 4,000 property seekers walk in and transact business worth over Rs. 10 Crores

Noida, Uttar Pradesh, IND, 2008-03-26 15:25:28 (IndiaPRwire.com)
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Times Business Solutions

The Jaipur Property Bazaar’08, an exclusive property fair by MagicBricks.com – India’s No. 1 Real Estate Portal, was held at the Birla Auditorium, Jaipur on 15 -16 of March 2008. Over 30 projects were showcased by more than 10 of the major developers, builders, and real estate agents participating at the event.

The exhibition had something for everyone of the thousands of visitors –real estate projects both ready and under construction, residential and commercial properties were on offer all under one roof.

A very pleased Mr. Anand Kumar a businessman from Jaipur said, “There were lots of property options on display at the MagicBricks.com Jaipur Property Show, and for individual buyers like us it was a wonderful opportunity to evaluate different options all under one roof before buying our dream home.”

“I found it a good idea, MagicBricks.com has a developed a great concept with this property show inviting all property seekers and sellers to come and meet face to face, it really helps. All in all a MagicBricks.com put together a good show.” added Mr. Rajat Shekhawat, another property seeker at the event.

Reputed names that participated at the event included market leaders like BDI Group, My Liberty Homes, Yaduvanshi Developers, Jain Realtors, Tivoli Holiday Village, Gold Dreams Builders & Developers, Ansal API, Homz 'R' US, Octagon, Dream City Projects amongst others.

Speaking about the event, Mr. Padm Vijayvergiya, G.M Marketing, BDI GROUP said, "The Property Bazaars organized by MagicBricks.com have always been very successful events and, we received a good response from property seekers. The recent Property Bazaars where we participated, covering North India, 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."

Mr. Aditya Choudhary, Managing Director, Utopia Buildcon remarked, "The property bazaar organized by MagicBricks.com was a very successful event and, builders and developers like us received good response from property seekers.”

"The property fair organized by MagicBricks.com was a big successes, they brought genuine buyers with their strong media plan and excellent event management. Their event attracted many walk-ins for us. We look forward to the forthcoming fairs of MagicBricks.com across India and abroad." added Mr. Rohit Suri, CMD, My Liberty Homes.

As the city prepares to invest in the booming real-estate market, investors and individuals arrived at the fair in search of new projects, ideas and opportunities, and got what they were looking for!

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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.

• 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 Lakh properties live on the site, and over 3.5 lakh registered users, including over 40,000 brokers and more than 5,000 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 40 domestic and 6 international property fairs.

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For more information, Please contact:

Aseem Seth
AM
Times Business Solutions

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