Makaan.com Property Show in Hyderabad expects to close deals worth 3200 lac
25 leading developers of Hyderabad coming together at Taj Deccan, Banjara Hills on 8th & 9th March to showcase their projects to more than 10000 potential buyers. The property show is being organized by www.Makaan.com, India's fastest growing online real estate portal.
Tweet-- Real estate in Hyderabad is witnessing a boom and the demand for residential & commercial properties has taken a quantum leap. Hydrabad is 5th largest metropolis and one of the fastest growing cities in India is experiencing a rapid need for increase in infrastructure.
The online real estate portal Makaan.com is organizing it’s 2nd Property Show in the city on 8th & 9th March 2008 at Taj Deccan, Banjara Hills. The show is slated to be the biggest in the city with over 20 leading developers expected to showcase over 70 new projects offerings. Property ranging from 25 lac to 200 lac is going to be on display. Options will include Plots, Apartments, Bungalows and Villas. Attractive home loan options will be offered to the people who visit the show. The show is being sponsored by Maytas Properties in association with Aparna and Theme Ambience. Makaan.com Property Show will provide a platform for detailed interaction between property seekers and builders, so that the visitors can make an informed decision. Compared to the previous show where-in purchase contract worth 1900 lac were closed, Makaan.com expects the current show to finalize properties worth 3200 lac over two days, an increase of almost 70%.
The show is being promoted heavily across media including Internet, Press, Radio and Outdoor and is expected to attract over 10,000 property seekers over the weekend. This will be a 100% increase over the last show held in January 2008. Hyderabad is a key market for Makaan.com, the website has 7% of it’s registered user base from the city but they accounts for over 13% of all property searched on the site.
Notes to Editor
About Makaan.comMakaan.com is an online real-estate service promoted by People Interactive; the consumer Internet division of the Anupam Mittal led People Group. This site has been conceived to explore and invent opportunities in the online real-estate space. Makaan.com is committed to helping users make wise and profitable decisions related to buying, selling, renting and leasing of properties, in India and key global geographies.This user-friendly portal is presently concentrating on the top 13 cities of India, including Delhi, Mumbai, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Chandigarh, Jaipur, Indore, Kochi and Ludhiana.
About People InteractivePeople Interactive was founded in 1997 to help architect India’s Internet landscape. Today it is one of India’s leading Internet companies and boasts brands such as Shaadi.com, Shaadi.com Centres, Fropper.com, Makaan.com and Astrolife.com. The company is focussed on discovering and developing scalable Internet business models around communities and classifieds. It prides itself in being a pioneer of Indo-centric Internet business models and believes in innovation led growth.
The company won the IT People Award 2007 for Excellence in Information Technology, and was also awarded the Red Herring Asia Top 100 Awards in 2006. In September 2007 Business Today recognized the company’s flagship brand – Shaadi.com as one of the Top 10 Marketers in the country. Shaadi.com was also felicitated at the WEB18 ‘Genius of the Web’ Awards 2007, as the best E-Commerce site (Matrimony), and Shaadi.com Centres won the ‘Franchisor of the Year Award’ for the third consecutive year in 2007. People Interactive was also named as one of the Top 500 companies in Deloitte Technology Fast 500 – Asia Pacific Awards 2007.
People Interactive is a Sequoia Capital backed company and is part of the Anupam Mittal led People Group.