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Makaan.com hosted its first property show in Hyderabad

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




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