September 25, 2023

Rishabh Group partners with Magicbricks to sell ready-to-move-in apartments in their Cloud9 project through online bidding

Rishabh Group partners with Magicbricks to sell ready-to-move-in apartments in their Cloud9 project through online bidding

Rishabh Group partners with Magicbricks to sell ready-to-move-in apartments in their Cloud9 project through online bidding 

Buyers will get to choose from multiple options on Magicbricks’ cutting-edge digital bidding platform – Base price of flats of1/2/3BHK flats is Rs.5496/sqft 

Rishabh Group, North India’s leading developer, has tied up with Magicbricks, India’s No.1property site, for sale of multiple units in their project Rishabh Cloud9 Towers, Vaishaliin Delhi NCRthrough an innovative online bidding campaign.

As a part of the Bid- Buy-Livecampaign 1/2/3 BHK flats would be available for buyers through online bidding on Magicbricks’ online bidding platform on August 19, 2018between 11 am to 6pm.Interested buyers will just need to register to be able to participate in the bidding process on Magicbricks (

Following a string of successful online bidding campaigns with leading developers like M3M and WTC and e-auctions with PNB Housing Finance, HDFC Ltd. and Axis Bank, Magicbricks’ online bidding platform has become an innovative sales channel for developers and bankers alike.

Commenting on the Bid-Buy-Live initiative, Mr. Sudhir Pai, CEO, Magicbricks, said:

“We have developed a high performing, robust, and a reliable online bidding system that gives our partners acc ess to the retail customers. Over the last six months we have enhanced the user experience and Magicbricks’ online bidding platform has evolved as an innovative sales channel for both developers and bankers.Following a string of five successful online-bidding/e-auction campaigns, we are excited to announce the launch of another innovative online campaign Bid- Buy-Live with Rishabh Groupthat would allow consumers access to buy mul tiple properties at attractive rates.Our online bidding platform puts the price decision in the hands of the buyer by offering a level-playing field through a transparent and fair price discovery system.”

The properties available for bidding on the platform would have their base price lower than the market price. Rishabh Cloud 9 Towers is located in Sector-1, Vaishali. Apart from the great location the Group is offering a host of incredible offers and features to buyers such as no internal andexternal development charges, no view, corner and floor PLC, semi modular kitchen up-to granite stone countertops, no external electrification and firefightingcharges, wardrobe in each bedroom, ceiling fan, fancy lights in all rooms, UPVC window,wooden flush doors, centralized RO water and 0% GST impact.

Commenting on the BID-BUY-LIVE offer, Mr. Sanjeev Jain, CMD Rishabh Group, said,

“This is a great opportunity for all those buyers, who are looking to own their dream home, near Delhi at an incredibly attractive rates. Moreover the possession of the units have already started. I would also like to con gratulate the Magicbricks team for their excellent effort in the whole process”.

Magicbrickshas been awarded the Standardisation, Testing and Quality Certification (STQC) by the Ministry of Communications and Information Technology, making it the country’s only real estate portal eligible for a bid ding platform for properties. For the first-of-its-kind certification, Magicbricks had to conform to 150 stri ngent parameters laid down by the Ministry of Communications and Information Technology.

About Magicbricks:

Magicbricks is India’s No.1 property site. With monthly traffic exceeding 20 million visits and with an active base of over 1.1 million+ property listings, Magicbricks provides the largest platform for buyers and sellers of pro per ty to connect with each other in a clear, transparent manner. With this in mind, Magicbricks has inno vated seve ral product features, content and research services, which have helped us, build the largest audience pool.

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