‘SEAL THE DEAL‘CAMPAIGN BY MAGICBRICKS & SBI RECEIVES AN OVERWHELMING RESPONSE’

Posted by: at 3/07/2017 01:13:00 am


~GENERATES MORE THAN 75 CRORE WORTH HOME LOAN REQUESTS~

~Gets 60,000+ homebuyers for properties worth INR 2600 cr.~

New Delhi, 7 March 2017: One of its kind campaign ‘Seal the Deal’, launched by Magicbricks, India’s no. 1 online real estate portal and SBI, India’s most trusted bank received an overwhelming response from the home buyers across India. ‘Seal the Deal’ culminated on Feb 28th 2017 after a month long campaign offering the best of deals to the home seekers. The online property carnival by the two leading players witnessed participation of 109 builders with 200+ projects across 12 cities in India that were available at price points ranging between 30Lakh to 3Crore.
‘SEAL THE DEAL‘CAMPAIGN BY MAGICBRICKS & SBI RECEIVES AN OVERWHELMING RESPONSE’


1.3 Cr visits were made by 81 Lac users on the Magicbricks website. More than 60,000 buyers contacted the builders for property related queries and 4304 visits were made at SBI’s site for home loan enquiries.

Mr. Sudhir Pai, CEO Magicbricks.com said, “Seal the Deal festival has received exceptional response from the buyers and has generated positive sentiments for real-estate investments across India. This carnival provided a platform to the home-seekers to explore the best of SBI approved properties with lucrative deals offered by the developers, making it one its kind initiative in the industry. We are extremely grateful to our consumers who have participated in this campaign and their overwhelming response encourages us to bring more such property festivals in the future.”

As per Magicbricks research data, Seal the Deal festival witnessed more queries for affordable housing segment. More than 65% property seekers showed their interest in 2/3 BHK segment. Additionally properties in the price segment of 30-50 Lakhs contributed to 73% of total leads generated.

About Magicbricks:

Magicbricks.com is India’s No.1 property site. With monthly traffic exceeding 12 million visits and with an active base of over 14 lakh+ property listings, Magicbricks provides the largest platform for buyers and sellers of property to connect with each other in a clear, transparent manner. With this in mind, Magicbricks has innovated several product features, content and research services, which have helped us build the largest audience pool.

About SBI Home Loans
SBI, the leading Home Loan provider and most preferred banker of the country has been constantly adopting product and process innovation. We have gone digital by all means to source, process and sanction Home Loans. Furthermore, SBI has devised several Home Loan products covering each sub-segment of clientele. With the unparalleled reach in urban as well as semi-urban and rural India, we are working relentlessly to provide Housing to all as per the mission of the Govt.



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