MagicBricks.com Brings a Golden Opportunity for NRI & PIOs in USA to Invest in India

MagicBricks.com presents the India Property Show in New Jersey and San Jose USA.

Noida, India, May 18, 2008 --(PR.com)-- MagicBricks.com, India’s No 1 property site brings a golden opportunity for NRIs & PIOs, in the USA who are planning to return to their homeland or invest in real estate in India. MagicBricks.com India Property show, USA will offer the best of properties from India including hundreds of residential and commercial properties to choose from, all at a single venue.

MagicBricks.com is hosting the India Property Shows in USA to serve as a platform for buyers and sellers to come face to face and make the most of this excellent investment opportunity. The unique & innovative MagicBricks.com India Property Shows are being held in on 17–18 May ’08 in New Jersey and on 24-25 May ’08 at San Jose, USA.

Indian Americans are the richest ethnic group residing in United States. Indians have climbed up the success ladder and are one of the pillars of the American society today. The average yearly income of an Indian worker is $51,904, and 59.9% of them are in working in the managerial positions more than any other Asian group residing in USA. They are now looking at options of investing in the booming Indian real estate market.

Speaking about the India Property Shows in USA, Mr. R. Sundar, CEO, Times Business Solutions Limited said, “In addition to providing the large Indian diaspora in the USA an excellent opportunity to invest in the booming real estate market in their home country, The MagicBricks.com India Property Shows in USA will offer hundreds of residential and commercial real estate properties and projects to choose from, all at a single venue, and provide property developers across Indian states unparalleled access the huge untapped potential among high net worth NRIs and PIOs in USA.”

“A significant proportion of NRI investors are seeking strategic partnerships and joint ventures with established and reputed property developers across India. The MagicBricks.com India Property Show is an unique platform that will offer an unparalleled opportunity for property developers, housing finance companies, and investment firms to showcase their projects, products and services related to the real-estate sector.” added Mr. Naveen Luthra, VP & Business Head, MagicBricks.com.

On participating in the MagicBricks.com India Property Show, Mr. PAPA RAO, Managing Partner, Sree Foundations remarked, “The best part about MagicBricks.com Property Shows are that they bring genuine buyers to the event. MagicBricks.com events have attracted many walk-ins for us in the past as well. The venue, management, and media plan, including advertising were big factors in attracting genuine property-seekers. We are participating in MagicBricks.com India Property Show USA and look forward to its future events in India and as well as abroad.”

Added Mr. Puneet Singh, Director, Bharat Hitech Builders, "We have had a long and beneficial relationship with MagicBricks.com, and have also been regular participants in their property shows since the first one in Dubai in March ’07. With every event, MagicBricks.com is setting new benchmarks for Indian real estate exhibitions abroad. Their property shows attract many potential walk-ins. We are looking forward to the upcoming MagicBricks.com India Property Shows in USA and with their strong media plan we see it as a strong platform to tap the USA market."

“MagicBricks has successfully established itself in India as No. 1 property portal in very short span of time. In order to move the value chain and adding value to its customer, MagicBricks.com has forayed into international events and successfully organized international events in Dubai, Singapore and London. There were a lot of footfalls, which in turn led to a lot of business conversion by our exhibitors. In these exhibitions, exhibitors did business of more than Rs.150 crores.” added Mr. Luthra.

There will be an abundance of properties to choose from, brought by the best and most illustrious developers and builders at the MagicBricks.com India Property Show, USA. Some of the reputed names participating in the show include Gardenia India Pvt. Ltd., Mahagun Realtors, Collage Group, Asth Vinayak Promoters, A.K. Estate, Demac Properties, Kanpur Leafin, Tivoli Gardens, Sree foundations, and Bharat Infratech amongst others.

So don’t miss this amazing opportunity. Make time & visit the best developers and builders - all under one roof at the innovative India Property Show, USA on the 17–18 May ’08 at the New Jersey Convention Center, 97, Sunfield Avenue, Edison New Jersey-08837, 661-1202 and 24-25 May ’08 at the San Jose Convention center, 408 Almaden Boulevart, San Jose - CA- 95110.

For more information, please contact -

Gaurav Sinha
National Sales Head
MagicBricks.com
98111 43973
Gaurav.sinha@timesgroup.com

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