The Managing Director of State Bank of India (SBI), 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 organized to showcase the Home Loan products that SBI has on offer for its customers. The Carnival was specifically chosen to be organized 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 offered something for all property seekers, under one roof, right from choosing the best residential locations, real estate land, developed properties and obtaining the best financial deals from India’s biggest bank - SBI.
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”