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Makaan.com Hosted Its First Property Show in Hyderabad
Author: Murtaza Fidahusen  | Posted: 28-02-2008 | Comments: 0 | Views: 4 | Rating: (57)  (?) 
Hyderabad, February 2008: Real estate portal Makaan.com hosted its first offline property show in Hyderabad at Chiran Fort Club, Begumpet. The two day property fair was inaugurated by Mr. Anupam Mittal, CMD, People Interactive Group with Mr. Prasad Rao, Director, Aparna Developers as the special guest for gracing the occasion.
The property fair provided 11 leading developers of the country a chance to showcase their properties which included both commercial and residential projects. The show is sponsored by one of the prominent realtors - APARNA developers.
The show which was being held from 5th to 6th January saw more than 11 participants, including real estate developers, realty marketing companies and housing finance corporations. Many prominent developers and others had set up their stalls at the fair bringing some of their best projects to their customers. The visitors at the fair are mainly interested in Residential or commercial property. Stalls at the fair help the formation of a transparent marketing channel between buyers and sellers and on top of this, even real estate brokers attended this event which is the main target segment for Makaan.com.
The event is organized with an aim to bring together real estate business community on a single platform so as to enlarge business prospects and to make customers aware of the latest offerings and technologies. Hyderabad Property Fair offered the opportunity to the prospective participants to showcase their multiple choice quality flats, villas, farmhouses, bungalows, office space etc under one roof. It also promises to create an avenue to the exhibitors to multiply their business proposition by providing an enjoyable experience to the visiting luxury class audience.
Hyderabad has been rated as one of the property hot spot in South India and may global companies have set up their offices in the city. As per the real estate analysts, there is a lot of scope for realtors and investors in the real estate sector in the city.
Elated at the response of the fair, Mr. Anupam Mittal, CMD, People Group, said," In India's fast-growing economy, real estate has emerged as one of the most appealing investment areas for domestic as well as foreign investors. The real estate sector will continue to derive its growth from the booming IT sector, since an estimated 70 per cent of the new construction is for the IT sector. Real estate websites are still in the nascent stage with a total share of just Rs. 30 crore. But in the coming years, this particular sector is projected to increase by 150 to 200 percent every year. I am happy to announce that we have launched Makaan.com four months back and within a short span of time we have managed to have lakh visitors on our site which are the positive signs of the online realty industry."
About Makaan.com
Makaan.com is an online real-estate service promoted by People Interactive; the consumer Internet division of the Anupam Mittal led People Group. This site has been conceived to explore and invent opportunities in the online real-estate space. Makaan.com is committed to helping users make wise and profitable decisions related to buying, selling, renting and leasing of properties, in India and key global geographies.
This user-friendly portal is presently concentrating on the top 13 cities of India, including Delhi, Mumbai, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Chandigarh, Jaipur, Indore, Kochi and Ludhiana.
About People Group
People Group was founded in 1997 by Anupam Mittal to explore opportunities in New Media, Information Technology, Communication and Entertainment industries. The group recognized early on that the on going 'content digitization' was fundamentally and dramatically going to change these industries and lead to ultimate convergence. Today the group owns and manages companies in the Internet, Mobile VAS, and Entertainment industries and boasts businesses such as Shaadi.com, Shaadi Point, Fropper.com, Makaan.com, Mauj Mobile, and People Pictures.
The group has grown significantly over the last few years and won the IT People Award Excellence in Information Technology in 2007. In September 2007 Business Today recognized the company as one of the Top 10 Marketers in the country. It was also awarded the Deloitte Technology India Fast 50 as well as the Red Herring Asia 100 Awards in 2006.
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