Press release from Business Wire India
Source: GETIT
Wednesday, November 23, 2011 10:45 AM IST (05:15 AM GMT)
Editors: General: Consumer interest; Business: Business services, Construction, Information technology, Real estate; Technology
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GETIT Unveils its Virtual Real Estate Expo
GETIT invites top CEOs and the builder community in Chennai for its real estate initiative
Chennai, Tamil Nadu, India, Wednesday, November 23, 2011 -- (Business Wire India) -- GETIT Infoservices (P) Ltd., the leader in local search, directional advertising and free classifieds in India unveiled one of its kinds Virtual real estate expo in the presence of real estate and builders community in Chennai to enable buyers and sellers to stay connected 24X7. The event saw the presence of top executives from around 30 builders, developers and allied industry players. GETIT has taken this initiative to facilitate foreign investors and other investors to meet a common platform. The virtual real estate expo will simplify the process of buying and selling properties. The month-long expo is being launched in Tamil Nadu followed by Karnataka & Kerala. The portal will go live in on December 15, 2011 and will act as an information bank on Real estate, builders, developers, houses etc.
Commenting on the launch, Sidharth Gupta, CEO, GETIT Infoservices Pvt. Ltd. said,
"We at GETIT wanted to create a platform mutually beneficial to buyers and sellers in the real estate space. GETIT Virtual real estate expo will simplify the interaction between real estate companies, businesses and buyers by getting all relevant information under one roof and facilitate investors from across the world to pitch in money and find targeted customers."
The event conveyed the unique, convenient and real time features of GETIT virtual real estate expo. Unlike other services, Virtual expo would enable a user to not only browse through the real estate initiatives by various companies but also compare them, send enquiries, get price quotes and place visiting cards. It will permit the buyers and sellers to have a targeted search, saving their time and effort. The Expo will have projects listed under 3 categories - 1) Upto Rs. 50 lakhs; 2) Rs. 50 lakhs to Rs. 1 Crore and 3) Rs. 1 Crore and above thus making it easier for all users to explore projects under their preferred category. One of the most distinctive features of the Virtual expo would be that will connect the buyers and sellers through interactive options like live chats with agents and webinars with builders. The buyers can select for appropriate loan for themselves as well as search for financiers.
Commenting on the launch, Mr G V Kumar, Senior Vice Pesident, Coramandel Engineering, Muruguppa Group, said "It is definitely a brilliant idea, this should work very well" Virtual real estate expo will give 15%-20% more targeted customers to these sellers by enabling a two way interaction and easy accessibility. Real estate dealers can book a stall and mention details about their projects and initiatives. The Virtual expo considerably reduces the costs incurred by businesses in advertising and event participation costs.
Commenting on the launch, another CEO who was participated in the expo, said
"The real estate sector is one of booming sectors of India with foreign investors eyeing India as a hot destination, However it is challenging for the foreign players and investors to find the right properties. GETIT has taken a fabulous initiative which will make the search for properties very easy for customers. Also it is quiet difficult for the builders and real estate players to find targeted customers, GETIT's Virtual real estate expo helps in overcoming the physical barrier and providing services like comparing projects, downloading project collaterals, searching for a financier and viewing its pictures."
According to the company, Chennai has a booming real estate future with urbanization as of the major contributing factors. Around 19% of the properties in Chennai are unsold due to lack of convenient mediums of interaction; this virtual expo will help in bridging this gap through instant and appropriate services. Chennai has a vast potential in the property and real estate segment and virtual expo will help in bridging this gap through instant and appropriate services.
About GETIT Infoservices (P) Limited
GETIT Infoservices (P) Ltd is a pioneer in Local Search and Yellow Pages and free-classifieds in India. GETIT focuses on bringing buyers and sellers together through information products and services. To users it offers high quality local search and classified services that can be accessed through any media - online, voice, mobile & print. Equally it helps local businesses and SMEs grow by bringing them quality customers and enquiries.
More information is available on www.GETITgroup.in
CONTACT DETAILS
Madhavi Kochar, 20:20 MSL, +91 9810788188
Saurabh Gupta, 20:20 MSL, +91 9818075578
KEYWORDS
CONSUMER, BUSINESS SERVICES, CONSTRUCTION, IT, REAL ESTATE, TECHNOLOGY
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