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
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...