‘Gruhapravesha 2012’, Bangalore kicks off today with new properties across Bangalore, Chennai, Kerala, Hyderabad and Coimbatore being showcased

Sunil Mantri, Chairman & MD, Mantri Realty Ltd inaugurates the property show that

will showcase over 1200 new properties

Bangalore, September 14, 2012:  The 5th edition of ‘Gruhapravesha 2012’, the leading Property Show from India’s No. 1 property portal, IndiaProperty.com, kicked off today in Bangalore, at the Koramangala Indoor Stadium. Mr. Sunil Mantri, Chairman & MD, Mantri Realty Ltd, inaugurated the 3-day event that brings together the country’s leading builders and developers, home loan institutions, real estate agents and allied industries, all under one roof.

Gruhapravesha 2012 will focus on the ongoing and upcoming residential projects including the studio & luxury apartments, Villas, Independent houses, plots and commercial properties in Bangalore. The elegant property show will showcase around 1200 new properties/projects from over 100 builders from Bangalore, Chennai, Hyderabad, Kerala and Coimbatore to cater to the immigrant professionals in Bangalore who come from these places and have interest in buying property back home and the business community in Bangalore who consider investing in other cities other than Bangalore.

Ganesh Vasudevan, CEO, IndiaProperty.com said, “’Gruhapravesha 2012’ will be the one-stop property show for all the property seekers here at Bangalore. We feel this is the right time to organize a mega property show, as the interest from the prospective property buyers in Bangalore has seen a significant rise in the last two quarters, based on our portal’s statistics.  The event is an extension of our customer friendly initiative to support both buyers and developers, wherein they can interact face-to-face at a common platform.”

The objective of Gruhapravesha 2012 is to take the consumers  one step closer to all the latest properties and upcoming projects in their city, thereby providing the consumers a great opportunity to acquire a good insight on the city’s leading Builders, Developers and Banks. The show already has received a good response from potentials buyers on the first day itself and expecting many more visitors over the weekend.

About IndiaProperty.com

IndiaProperty.com was launched in 2006 by Consim Info. Pvt. Ltd., India’s leading internet business group with 40 million monthly visitors and leadership presence in key categories.  The company that has recently been ranked as the country’s No. 1 portal in the real estate space bycomScore Inc (NASDAQ:SCOR), The group currently owns and operates BharatMatrimony and has 15 regional portals; exclusive matrimonial sites like PrivilegeMatrimony, EliteMatrimony and CommunityMatrimony.com which comprises of over 350 community matrimony sites. Consim is an open, hierarchy-free organization that believes in giving every individual equal respect and dignity. In 2009 Consim received the Red Herring 100 Asia 2009 award and in 2010 went onto bag the Red Herring 100 Global Award. The company was listed as among the top 50 of top 100 IT innovators by NASSCOM in 2009 and was Deloitte Fast 50 winner in 2008 and 2009.

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