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
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.