MagicBrickscom brings a Golden Opportunity for NRI and PIOs in USA to Invest in India

Released on: May 15, 2008, 10:00 pm

Press Release Author: Times Business Solutions

Industry: Real Estate

Press Release Summary: MagicBricks.com presents the India Property Show in New
Jersey and San Jose USA

Press Release Body: May '08: 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 NEW JERSEY Convention Center, 97, Sunfield Avenue, Edison New
Jersey-08837, 661-1202 and 24-25 May '08 at 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


Web Site: http://www.magicbricks.com

Contact Details: Times Business Solutions
B-1-C, Sector 10
Noida 201301
0120 - 30291123

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