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Makaan.com hosted its first property show in Hyderabad

Hyderabad, February 2008: Real estateinvestment areas for domestic as well as
portal hosted its first offline property showforeign investors. The real estate sector
in Hyderabad at Chiran Fort Club, Begumpet.will continue to derive its growth from the
The two day property fair was inaugurated bybooming IT sector, since an estimated 70 per
Mr. Anupam Mittal, CMD, People Interactivecent of the new construction is for the IT
Group with Mr. Prasad Rao, Director, Aparnasector. Real estate websites are still in the
Developers as the special guest for gracingnascent stage with a total share of just Rs.
the  occasion.30 crore. But in the coming years, this
particular sector is projected to increase by
The property fair provided 11 leading150 to 200 percent every year. I am happy to
developers of the country a chance toannounce that we have launched four months
showcase their properties which included bothback and within a short span of time we have
commercial and residential projects. The showmanaged to have lakh visitors on our site
is sponsored by one of the prominent realtorswhich are the positive signs of the online
-  APARNA  developers.realty  industry."
The show which was being held from 5th to 6thAbout is an online real-estate service
January saw more than 11 participants,promoted by People Interactive; the consumer
including real estate developers, realtyInternet division of the Anupam Mittal led
marketing companies and housing financePeople Group. This site has been conceived to
corporations. Many prominent developers andexplore and invent opportunities in the
others had set up their stalls at the faironline real-estate space. is committed to
bringing some of their best projects to theirhelping users make wise and profitable
customers. The visitors at the fair aredecisions related to buying, selling, renting
mainly interested in Residential orand leasing of properties, in India and key
commercial property. Stalls at the fair helpglobal  geographies.
the formation of a transparent marketing
channel between buyers and sellers and on topThis user-friendly portal is presently
of this, even real estate brokers attendedconcentrating on the top 13 cities of India,
this event which is the main target segmentincluding Delhi, Mumbai, Kolkata, Bangalore,
forChennai, Hyderabad, Ahmedabad, Pune,
Chandigarh, Jaipur, Indore, Kochi and
The event is organized with an aim to bringLudhiana.
together real estate business community on a
single platform so as to enlarge businessAbout  People  Group
prospects and to make customers aware of the
latest offerings and technologies. HyderabadPeople Group was founded in 1997 by Anupam
Property Fair offered the opportunity to theMittal to explore opportunities in New Media,
prospective participants to showcase theirInformation Technology, Communication and
multiple choice quality flats, villas,Entertainment industries. The group
farmhouses, bungalows, office space etc underrecognized early on that the on going
one roof. It also promises to create an'content digitization' was fundamentally and
avenue to the exhibitors to multiply theirdramatically going to change these industries
business proposition by providing anand lead to ultimate convergence. Today the
enjoyable experience to the visiting luxurygroup owns and manages companies in the
class  audience.Internet, Mobile VAS, and Entertainment
industries and boasts businesses such as
Hyderabad has been rated as one of theShaadi.com, Shaadi Point, Fropper.com,
property hot spot in South India and mayMakaan.com, Mauj Mobile, and People Pictures.
global companies have set up their offices in
the city. As per the real estate analysts,The group has grown significantly over the
there is a lot of scope for realtors andlast few years and won the IT People Award
investors in the real estate sector in theExcellence in Information Technology in 2007.
city.In September 2007 Business Today recognized
the company as one of the Top 10 Marketers in
Elated at the response of the fair, Mr.the country. It was also awarded the Deloitte
Anupam Mittal, CMD, People Group, said," InTechnology India Fast 50 as well as the Red
India's fast-growing economy, real estate hasHerring Asia 100 Awards in 2006.
emerged as one of the most appealing



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