Times Property Virtual Expo Powered by MagicBricks.com is a Grand Success

NEW DELHI, April 3, 2013 /PRNewswire/ --

Over 1.4Lac Property Seekers From Across the Globe Visit and Generate Over 30K Business Leads in 21 Days

Times Property presented an Innovative "Virtual" Property Fair from March 1 to 21, 2013 at http://timesproperty.magicbricks.com which was powered by MagicBricks.com. This unique Times Property Virtual Expo was organized to address the growing demand of NRIs residing across the globe, wherein a large showcase of projects can be accessed conveniently from anywhere at the click of a mouse. Nearly a hundred developers, builders, agents and brokers brought a host of properties and offered a complete package to potential homebuyers.

Rasesh Gandhi, Vice-President, Response, BCCL, says, "The Times Group prides itself in creating innovative platforms to satisfy the growing needs of its customers. The recently concluded Times Property Virtual Expo is an innovative platform to cater to growing Times Property customers. Through this unique platform in cyberspace, we were able to reach out to national and international clients. This was successfully powered by MagicBricks.com

Speaking about the Times Property Virtual Expo, Sudhir Pai, Business Head, MagicBricks.com explains, "This event offers a unique proposition to both buyers and sellers, allowing them to virtually meet and interact at their own convenience, be it their own time or in their own space. This is the 2^nd edition of Times Property Virtual Fair and it is a testimony to the success of the model that it has only become bigger with each successive event."

One of the most distinctive features of this Times Property Virtual Expo is that it connects buyers and sellers through a host of interactive options like online chats and webinars with builders and experts - all from the comfort of their desktop. Live Help chat is available in a 24x7 environment through all the event days. Visitors can chat with MagicBricks.com representatives online and ask any questions on the Virtual Fair. The live chat team also provides additional information on the projects & areas of choice through this facility.

Visitors asked property related questions to well-known real estate developers, which include the reputed names Karle Infra, Hiranandani Group, Confident Group, Hubtown, Kalpataru and Panchshil among a host of others.

An exhaustive integrated marketing program was put in place to reach buyers across globe. Leveraging this marketing program and Magicbricks' own reach, the event managed a balanced project wise distribution of audiences and responses across Australia, UAE, Canada, US, Europe, China, Malaysia, UK and Singapore.

The 97 partnering clients showcased 148 projects with thousands of properties across the cities and regions surrounding the major nerve centers of Mumbai, Bangalore, Bhopal, Indore, Chandigarh, Delhi NCR, Pune, Chennai and Hyderabad.

On an average every client received 300 responses; with some clients getting over 750+ responses.

With Indian real estate being one of the few surefire investments in the current global economic scenario, it was evident that in this booming property market, investors and individuals visited the Virtual Property Fair in search of new projects, ideas and opportunities, and got what they were looking for.

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