Welcome!

News Feed Item

State Bank of India Felicitates MagicBricks.com as its "Partner in Prosperity" at the SBI Navratra Property Carnival

NEW DELHI, November 15, 2012 /PRNewswire/ --

State Bank of India (SBI), the Largest Banking and Financial Services Company in India by Revenue, Assets and Market Capitalisation, Awarded MagicBricks.com From Times Business Solutions Limited (TBSL)

The Managing Director of India's Biggest Bank, Mr. A. Krishna Kumar presented a Citation to MagicBricks.com with a salutatory plaque inscribed with the SBI insignia and the words, "In Recognition of our Continuing Partnership for Prosperity" at the SBI Navratra Property Carnival organized by TBSL's flagship property portal MagicBricks.com recently.

The SBI Navratra Property Carnival was a joint event conducted by MagicBricks.com in association with "State Bank of India" - as a successful pilot for a brand new format for property shows in India. SBI was able to issue over 2,000 in-principle sanctions to the home-seekers, who came to the event.

Congratulating MagicBricks.com at the function, Mr. A. Krishna Kumar, MD of SBI said, "The SBI Navratra Carnival is being organised to showcase the Home Loan products that SBI has on offer for its customers. The Carnival was specifically chosen to be organised in the Navratra period as it is considered auspicious and marks the onset of the festive season wherein builders, dealers, companies come out with attractive plans & schemes to boost their sales and people are also in great mood to invest.

This SBI & MagicBricks event is a one of its kind initiative and has the potential to bring exponential business. SBI enters into tie-up with projects after proper due diligence, which adds a huge brand value to the projects. It is a win-win situation for the customer, the builder and the Bank."

This event had nearly 25 major developers, builders and brokers who brought a host of properties and offered a complete package to potential home-buyers.

The exhibition had something for every one of the thousand of property seekers - all under one roof - right from choosing the best residential locations, real estate land, developed properties and of course obtaining the best financial deals from India's biggest bank - SBI.

A very pleased Kanika from Gurgaon said, "It was a great interface where I came to know what all options I can choose from in Gurgaon. Complete information was available and The SBI - Navratra Property Carnival by MagicBricks.com was a one stop shop for all property needs."

Agreed Deepak Sinha, a Sr. Manager from TLT India, "This truly was a one stop shop for all real estate needs. It saves time, gives great options and a better chance to buyers to make up their minds."

Abhinav Rastogi, a Dealer for QVP India said, "Nowadays convenience is what a consumers pay for! Exhibitions like this give this convenient option for buyers to purchase their dream homes. Kudos! I got what I was looking for! Keep it up!"

Big names that participated at the event included DLF, India Bulls, Godrej Properties, Maruti Udyog, Toyota, Tata Motors, SAARE, Jaypee Greens, Raheja, Assotech, Ramprastha Orris Infrastructure, and Paras Buildtech, among a host of others.

Participants at the event were equally pleased by the turnout and arrangements, when asked about the fair, Mr. Tarun Saini, DGM, Godrej Properties, said, "The footfall was great. The arrangements were fantastic. We look forward to the upcoming fairs of MagicBricks.com."

Ms. Ruchika Badiyal, Head - CC of Orris Infrastructure, exclaimed, "The response was amazing. We need to recruit more sales team in-fact another branch. Thanks a lot!"

Mr. Parag Vohra, VP - Sales, Mapsko, opined, "It was really good experience to be a part of exhibition done by MagicBricks.com at Epicenter in Gurgaon. I must say the crowd was good & we did good number of booking from the fair."

Congratulating the team at the culmination of the event, Mr. Sudhir Pai, Business Head of MagicBricks.com said, "The whole-hearted participation by the SBI has reinforced our belief in the value that we are able to provide both Buyers and Sellers of Real Estate in India. Mr. A Krishna Kumar's personal presence and felicitation has given us a fillip to continue to raise the standards and set new benchmarks for ourselves. We are very proud of our association with the SBI."

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

Do visit MagicBricks.com and join the festivities!

About MagicBricks.com:

MagicBricks.com provides a platform for property buyers and sellers to locate properties of interest and source information on the real estate space in a clear and transparent process. With in-depth analysis and revolutionary next-gen services customized specifically to address the needs of property seekers and the real estate industry, MagicBricks.com is the leader in online real estate in India.

MagicBricks.com was launched by Times Business Solutions Limited, part of The Times of India Group, in August 2006 and has grown to become India's largest property portal. With over 8,000,000 listings from across the country, MagicBricks is the biggest online property marketplace in the country.

This achievement is not by chance, but by design - based on rigorous research, unique product developments and innovations that users have supported and embraced, including pioneering Geo grouped inventories, Intelligent Auto Suggest, nearby localities, real estate dialogues, PropIndex and GuruTalk. With many new products and services under development, MagicBricks will continue to provide ever-increasing value to its clients and users, and will enhance its leadership in the online property space.

Primary Media Contact: Aseem Seth TBSL, [email protected], 91-9910273367

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...