16000 plus choices in 2nd season of Magicbricks - SBI Big Bang Home Carnival

Big Bang Home Carnival, a much awaited month-long online housing carnival co-hosted by India's No.1 property site, Magicbricks and country's largest lender State Bank of India (SBI) is back with a bang.

In its 2nd season, the much-awaited online housing carnival will display nearly 16,000 units across 22 Indian cities. 62 developers will showcase 97 projects, while SBI will offer a host of loan deals.

The month-long online housing festival will culminate on March 9, 2018. Under the Big Bang Home Carnival, many developers are additionally offering exciting deals to customers ranging from international holidays, free car parking and club membership, cash discount up to Rs. 350/sqft, GST free registration, free modular kitchen and 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.

"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," said Ritesh Mohan, Sales Head, Strategic Accounts, Magicbricks.

"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.

"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 percent loan for the young generation having age up to 45 years. The customer's 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," said Sri P. K. Gupta, MD (Retail & Digital Banking) of SBI.

The synergy in the reach of SBI, the most preferred home loan provider and popularity of Magicbricks as India's No.1 property site will offer customers a greater value proposition through the Big Bang Home Carnival - the biggest online housing festival of its kind.