Thu, Mar 2, 2017 | updated 12:01 AM IST

Magicbricks launches new services for transparency in property listings

Updated: Aug 31, 2016 16:19 IST

New Delhi [India], Aug 31 (ANI): Magicbricks today announced the launch of several innovative services aimed to help the consumers in property buying cycle. The new services would bring in transparency, decision-support and personalised human assistance to a property related decision.

Amongst the new services launched there are PropWorth, Advice, Magicbricks Forum and MB Premium, which are set to make home buying process a hassle free and a fruitful experience.

"We've built MB into India's largest and most successful property marketplace. We're happy that consumers now choose MB as the first port of call when they initiate a property transaction. However, the opportunity in this business is well beyond solving the listing discovery problem. We've now launched a bunch of products that help a consumer at different stages of the buying process," said CEO Magicbricks, Sudhir Pai.

PropWorth aims at becoming the de-facto price benchmark app for all buyers or sellers and agents across the country before finalizing any property transaction.

People with no intention to buy/sell property can also use it to figure out worth of their, neighbor's or relative's property. Basically, PropWorth can be used to know the right price of any property anywhere.

The next in line is the feature of Smart Search. The Smart Search tool comes handy in the pre-discovery phase. Basis inputs, the tool shows list of localities one should start their search with along with other pre-computed values such as current rates, demand of the locality, supply of the locality, how developed the locality is, what kind of growth the locality has been experiencing, rental yields and returns the locality has been witnessing.

Magicbricks also enables MB Forum, a new dedicated place to get your queries answered from industry experts where people can join for free and stay updated on latest discussion through e mail. It has dedicated discussion group pages for every project and locality classified into relevant segments such as project approvals, price and ROI, construction quality, possession related etc.

"Each of these services uniquely addresses specific pain areas in the buying cycle of a consumer. The aim behind the launch of PropWorth, Advice, Forum and MB Premium is to improve each of these steps of the home buying experience. From a transparent price-discovery of a property, to having a forum to discuss property queries to offering premium personalised paid services, we believe such initiatives empower the customers to make better informed decisions," added Pai. (ANI)

New Delhi [India], March 1 (ANI): Private sector banks such as ICICI and HDFC bank have notified their respective account holders of a transactional fee, which will be applicable on the fifth transaction in a month.

Full Story >>

New Delhi [India], March 1 (ANI): Expressing his views on the GDP figures that were released yesterday, Economist Gurucharan Das claimed that 'notebandi' has left an impact on the economy and growth rate.

Full Story >>

New Delhi [India], March 1 (ANI): U.S President Donald Trump's presidential speech was instrumental in achieving a milestone, as the Dow Jones industrial average recorded an all time high of 21,000 on Wednesday morning.

Full Story >>

New Delhi [India], March 1 (ANI): Union Finance Minister Arun Jaitley emphasised the need for increasing the World Bank Portfolio for India at a meeting held today with Kristalina I. Georgieva, CEO, World Bank Group.

Full Story >>

SBI files analysis report on GDP numbers

Updated: Mar 01, 2017 18:58 IST

New Delhi [India], March 1 (ANI): After GDP figures were released earlier this week, Dr. Soumya Kanti Ghosh, Chief Economic Adviser, Economic Research Department, State Bank of India (SBI) has expressed her views on the aforementioned figures.

Full Story >>

London [United Kingdom] Mar.1 (ANI): During his recent visit to the United Kingdom, Finance Minister Arun Jaitley met Chancellor of the Exchequer Philip Hammond at 10 Downing Street.

Full Story >>

New Delhi [India], March 1 (ANI): Credit management services company CreditMantri has raised Rs. 51.4 crore (USD 7.6 million) in Series B round of funding.

Full Story >>

New Delhi [India], March 1 (ANI): E-commerce wholesale app, Wydr, announced the launch of a virtual live trade-fair for wholesalers and retailers across India, as it completes one year of operations.

Full Story >>

New Delhi [India], Mar 1 (ANI-BusinessWireIndia): Purplle.com launched in 2012, grew to becoming India's largest beauty product and service destination in under five years. Founded by IITians Manish Taneja and Rahul Dash, it was created to make beauty products available in the deepest pockets of the country, at the most reasonable prices. Consistently delivering on this promise has made Purplle.com the most preferred beauty portal by buyers across the country.

Full Story >>

New Delhi [India], March 1 (ANI): GreyOrange, the curator of advanced robotic systems, signed a contract to supply robotics solutions to Nitori Holdings Group, Japan's largest furniture and home furnishing chain with over 400 stores.

Full Story >>

New Delhi [India], Mar 1 (ANI): Finance Minister Arun Jaitley, who returned to India after his meeting with top government officials and business leaders in London, today said the third quarter was substantially impacted by demonetisation, which admittedly had led to squeeze of currency in the economy.

Full Story >>

New Delhi [India], March 1 (ANI): Wabco India, a supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, renewed its commitment as the official braking technology partner of Tata Motors' T1 Prima Truck Racing Championship in 2017.

Full Story >>

Chennai (Tamil Nadu) [India], March 1 (ANI): Following relentless debates on health hazards of consuming Coke, Pepsi and other soft drinks, Tamil Nadu traders union on Wednesday suggested a boycott on consumption of Coke and Pepsi in the state.

Full Story >>

New Delhi [India], Mar 1 (ANI): Defence Ministry is going to push the usage of new construction technologies in a big way and a very large chunk of its total allocations for housing and other military infrastructure projects of Rs. 24, 000 crore would be used for adoption of pre cast and pre engineered structures, Major General Sanjeev Jain, Director General, Directorate General of Married Accommodation Project (DGMAP), Military Engineering Service (MES) said.

Full Story >>

New Delhi [India], Mar 1 (ANI-NewsVoir): Launching 'Amolya' the one of its kind collection with emeralds set in platinum. 'Amolya' means priceless and truly defines this exquisite collection. Each piece hand crafted to precision and is nothing short of a collectors' edition. The preciousness and natural luminescence of platinum brings out the innate brilliance of hand picked emeralds.

Full Story >>

New Delhi [India], Mar 1 (ANI): Credit rating agency ICRA on Wednesday said that the December 2016 air passenger traffic in the country stood at 24.3 million, exhibiting a substantial growth of 20 percent over December 2015.

Full Story >>

New Delhi [India], Mar 1 (ANI-NewsVoir): MAN Trucks India Pvt. Ltd. a 100 percent subsidiary of MAN Truck and Bus AG, Germany, the world's leading manufacturer of trucks and buses in association with M/s Bhagyodaya Automotive, today inaugurated a new state of the art dealership for its commercial vehicle brand in Pune.

Full Story >>

New Delhi [India], Mar 1 (ANI): India's pioneering online automobile transactional marketplace Droom has announced its latest offering in the form of five categories namely 'Mint vehicles,' 'VIP numbers', 'Odd-Even numbers', 'Hard-To-Find' and 'Old-Is-Gold', which cater to a wide spectrum of exclusive customer desires which might sometimes be just the element that makes your vehicle transcend from good to exceptional.

Full Story >>

New Delhi [India], Mar 1 (ANI-BusinessWireIndia): The largest poker site in India, Adda52.com, has upped the stakes in the online poker world by bringing forth its upgraded poker platform with a plethora of new and advanced features. The poker site now features the desktop version 3.0 software that promises an enhanced game lobby with a refreshing design.

Full Story >>

New Delhi [India], Mar 1 (ANI): The Reserve Bank of India (RBI) on Wednesday released its quarterly statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs) as on December 31, 2016.

Full Story >>