Magicbricks launches dedicated site for property deals
Realty portal Magicbricks also a part of Bennett, Colemand & Co, has launched India’s first dedicated site for property deals. Through which homebuyers during the festival season will get a chance to clinch the best value deals offered by top developers across the National Capital Region, Bengaluru, Mumbai, Chennai and Pune.
Over 100 developers across the five cities have already listed themselves on the site, offering more than 2,000 deals across 150 projects to homebuyers. The developers include L&T Realty, Godrej Properties, Rishabh Group, Parsvnath, Sare Group, Saaya, Ashiana Homes, Kanakiya Group, Airhant Group, Puranik Builders, Naiknavare Developers and Jain Housing. Sudhir Pai, CEO of Magicbricks said that looking for offers and deals on e-commerce platforms before buying anything has become a norm for consumers. Hence, they have tried to get all the best deals under one umbrella to ease the life of the customer.
The developers offer cash discounts during the festive season, which is from 3% to 32% and freebies such as car parking, air-conditioners and wardrobes, apart from special payment plans. These deals are categorised into three segments – platinum, gold, and silver, depending on the value of the offerings.
Most of the deals have been offered in the affordable and midsegment categories where there is a strong consumer demand. Most of the bulk deals are from Pune, where the maximum discount being offered is 21.1% while in the NCR it is 32% and in Mumbai 18%. Magicbricks expect homebuyers to scout for the best deals available in the market before taking their final decision. They plan to keep updating all the possible best deals and offers on the platform.