Big Bang Home Carnival, a month-long online housing carnival is being co-hosted by India's No.1 property site, Magicbricks and country's largest bank State Bank of India (SBI) is back for its season 2. In this season, the online housing carnival will display nearly 16,000 units across 22 Indian cities and 62 developers will showcase 97 projects, while SBI is offering a host of loan deals in SBI and RERA Approved Projects. The festival will end on March 9, 2018.
Mr. Ritesh Mohan, Sales Head, Strategic Accounts, Magicbricks, said "We are extremely delighted to announce the launch of the second edition of the Big Bang Home Carnival with India's No.1 Home Loan lender SBI. We had received phenomenal response during the first edition in 2017 and this year Big Bang Home Carnival promises to better with a host of exciting offers and loan deals by SBI”. “Over the last 12 months we have witnessed a significant pent-up demand on our platform as more and more buyers are searching for bigger houses in 2 and 3 BHKs segment. And with the government incentives, we hope this demand to translate into transactions with Big Bang Home Carnival", he added.
During this festival, many developers are also offering amazing deals to customers like international holidays, free car parking and club membership, cash discount up to Rs. 350/sqft, GST free registration etc. Besides, SBI is also offering pre-approved home loans, Humara Ghar scheme, flexi home loan (with 20 percent additional loan) and zero processing fees in SBI approved properties.
On the Big Bang Home Carnival, P.K. Gupta, MD (Retail & Digital Banking) of SBI said “Our endeavour is to offer best value proposition to our customers. We are offering home loans at Zero processing Fee with an attractive interest rates and additional 20% loan for the young generation having age upto 45 years. The customers can get home loans pre-approved even before they decide the property to be purchased. To improve customer home loan journey we offer fast processing and door step document collection facilities. We hope to book good business during the Carnival.”
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