Makaan.com hosted its first property show in Hyderabad

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