MagicBricks.com and HomeBay Present a Mega Property Exhibition in Chennai This Weekend

Noida (UP), India, November 08, 2008 --(PR.com)-- MagicBricks.com, India’s No. 1 Property site in association with Homebay, a Subsidiary of Jones Lang La Salle Megharaj, India’s leading Real Estate consulting firm, presents the Chennai Property Bazaar on 8th & 9th November 2008 at Mayor Ramanathan Chettiyar Hall, Santhome High Road, MRC Nagar, Chennai.

MagicBricks.com and Homebay’s Chennai Property Bazaar ’08 will offer more than 10,000 properties and over 100 projects including Luxury Apartments, Villas, Farm Houses, Low Cost Housing, Budget Apartments, Commercial & Retail spaces, and even SEZ Projects brought by Chennai’s best and most illustrious developers, builders, and real estate agents – all at a single venue.

Speaking about the MagicBricks.com and Homebay Chennai Property Bazaar ’08, Mr. Naveen Luthra, Vice President and Business Head, MagicBricks.com said, “MagicBricks.com and Homebay Property Bazaar is bringing an exclusive property exhibition with a host of amazing property options by all the leading developers of Chennai. The exhibition will showcase all the major builders and developers in the region. The MagicBricks.com Property Bazaar will also prove to be the ideal event for both home-seekers & investors - as they can meet a myriad of builders and developers, all under one roof.”

Mr. Ramesh Nair, Managing Director, Jones Lang LaSalle Meghraj, added, "When you are planning one of the biggest investments of your lifetime - your own home, you want to be sure of your decision. At Homebay Residential (a subsidiary of Jones Lang LaSalle Meghraj), our dedicated residential real estate professionals completely understand your concerns and guide you to make this experience a memorable and reassuring one.”

“Magicbricks.com Property Bazaar provides a perfect platform to interact with leading developers in the city and for the developers to effectively reach out to their potential customers. These events serve to enrich the buying experience and to make them as easy and convenient as possible. The real estate market definitely has long-term underlying growth. Potential buyers need to realize that if one buys and holds for the long term one is not likely to lose. Real estate values generally go up in the long run, with very few exceptions,” he added.

There will an abundance of residential and commercial options to choose from brought by participating sponsors, which include True Value Homes, Vijayshanthi Builders, Marg Swarnabhoomi and Hirco. Some of the other reputed names participating at the Chennai Property Bazaar are Olympia, Shriram Properties, Doshi Housing, Mahindra Life Space, South India Shelters, Arun Excello, Rajparis, Rajkhom, Coral Group-Cochin, BBC Foundations, Antony Associates, ABI Estates, and Olive Beach Promoters, Emaar MGF, Jain Housing, City Square and HDFC Ltd as the finance Partner.

Speaking about the event Mr. Nawaz Hussain, Director, South India Shelters, remarked, "The Property Bazaars organized by MagicBricks.com in past were very successful events and, we received a good response from Property seekers. The recent MagicBricks.com Property Bazaars where we participated, covering Chennai Properties were professionally managed, well-organised events. We look forward to continuing and developing our rapport with MagicBricks.com and participating in the future events as well."

Speaking about the Chennai Property Bazaar, Mr. Bimal, Head Marketing, Marg Ltd. said, "The previous Property fairs organized by MagicBricks.com brought us genuine buyers with their strong media plan and excellent event management. Their events attracted many walk-ins for us in the past. We look forward to the forthcoming fairs of MagicBricks.com across India and abroad."

MagicBricks.com is set to provide over 5,000 home-seekers & investors expected to walk-ins during the two day event, an amazing experience with this landmark real estate event.

So make time & visit Chennai’s best developers and builders - all under one roof at the innovative MagicBricks.com and Homebay’s Chennai Property Bazaar ’08 at Mayor Ramanathan Chettiyar Hall, Santhome High Road, MRC Nagar, Chennai, on 8th & 9th November 2008.

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For more information please contact –
Gaurav Sinha
MagicBricks.com
0 98111 43973
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Times Business Solutions
Aseem Seth
0120 3029123
www.magicbricks.com
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