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Magicbricks and SBI launch Online Home Buying Festival

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“Magicbricks and SBI have collaborated together for this Home Buying Festival to offer property seekers one of the best options based on extensive research and analysis of market developments. Customer can choose a property and avail attractive home loan offers from SBI”

Magicbricks along with State Bank of India, today launched a Home Buying Festival. This online home buying festival will highlight the prime investment destinations across seven metros. Magicbricks has selected these markets after in-depth analysis of properties, infrastructure updates, brief master plan information and capital growth forecasts. The three week long online festival will kick start from 10th June to the 30th 2016

The Home Buying Festival will help buyers choose property wisely and as per their requirements. It will have a wide variety of offers on multiple project offerings,  a dedicated section to ‘Know your Developer’,  invaluable advice from property experts on call and home loan offers and even Flash Sales for buyers. In this property fest, SBI is also giving two attractive offers to the consumers. The first offer is for the consumers who have existing home loans, can now transfer their home loan to SBI at 0 % percent processing fee. While the other offer is for the consumers buying SBI approved projects and can now avail a 50% waiver on processing fee.

Mr. Sudhir Pai, CEO, Magicbricks, on this occasion, said, “Property festivals are usually designed around deals & discounts. Our understanding of consumers suggest that they are seeking quality data and decision making support which allows them to cut through the noise, and choose the right property. In line with this, the current HBF, while it does offer deals and discounts, but the emphasis is on quality of content and research, enabling the right investment decision in the targeted investment hotspots”. While Mr. Rajnish Kumar, MD, State Bank of India said: “Festivals such as these tend to attract a lot of interest. During times like these, there is a lot of interest in deals, discounts, and other such information, which attract consumers to the platform. We are also offering some interesting home loan deals for the consumers to help them realize their dream of owning a home of their choice in a hassle free manner.”

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