71 properties across WTC Noida, WTC Chandigarh & WTC GIFT City booked within six hours through BidNPartner campaign on Magicbricks
The online property auction attracted 100+ successful bids within six hours
Scale signifies a watershed event for the real estate sector
Noida, May 18th, 2018: TheWorld Trade Centers in Noida, Chandigarh and GIFT City, Gujarat, celebrated the 50th anniversary of World Trade Center Association (WTCA), with an industry-firstBidNPartner campaign in association with digital and technological partner Magicbricks, India’s No.1 property site, that saw 71 properties being booked in a matter of just six hours.
The commercial spaces in all the three WTC properties were available for online bidding on wtc.magicbricks.comfor theBidNPartnercampaign on May 5, 2018. More than 3000 people showed their interests and 200 paid registrations were done.On the day of bidding, more than 100 successful bids were received and 71 properties were booked within six hours, making it one of the most successful real estate campaigns.
Commenting on the stupendous success of the BidNPartnercampaign, Mr. AshishArora, Director – Sales & Distribution, WTC Noida,said, “We are elated at the response received. Buyers from all over the world participated in the auction to make it a grand success. We have booked more thanwhat we expected, which clearly defines the faith that buyers have in our brand. This unique campaign has set new standards on how commercial real estate is sold in the country.”
On the success of the partnership, Mr. Ritesh Mohan, Sales Head-Strategic Accounts, Magicbricks, said: “It is really heartening to see that Magicbricks’ bidding platform is now reaching out to a wider audience. Ever since we launched our bidding platform, we have been working to improve the customer experience of our bidding platform and now it is yielding rich rewards. Be it residential or commercial, our partners have seen lot of potential in using Magicbricks’ bidding platform as a mode of reaching out to a wider consumer base. The success of ‘BidNPartner’ campaign is certainly a defining moment for the online real estate industry.”
Magicbricks has 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 bidding platform for properties. For the first-of-its-kind certification, Magicbricks had to conform to 150 stringent parameters laid down by the Ministry of Communications and Information Technology.
To continue its legacy, WTC Noidahas undertaken other initiatives to bring development to the Noida and Greater Noida area. Recently, they have signed a MoU with the Uttar Pradesh government to co-develop an exclusive Mobile Open Exchange Zone. Speaking about MOX, Mr. Arora further added, “MOX provides a sustainable ecosystem to technology companies that allow all three aspects of the cluster- Infrastructure, Hardware and software to thrive by reducing operational cost coupled with its strategic location. It allows for their socio-economic development and profitability by facilitating successful operations. For Industries, 100% SGST reimbursement for a defined period along with host of tax benefits and support. There are many more advantages for industries, investors as well as for the region and its citizens apart from few mentioned.”
WTC Gift City is present in India’s only IFSC and model Smart City known as GIFT City (Gujarat International Finance Tec-City) comprising 986 acres between Ahmedabad and Gandhinagar. It will have a special economic zone, international education zone, integrated townships, an entertainment zone, hotels, a convention center, Software Technology Parks of India (STPI) units, stock exchanges and service units.
The third property on the list is WTC Chandigarh forms the first point of arrival from the New Chandigarh International Airport. It is aimed at acting as a major catalyst for the economic growth of the Chandigarh Capital Region (CCR).
Magicbricks.com is India’s No.1 property site. With monthly traffic exceeding 12 million visits and with an active base of over 14 lakh+ property listings, Magicbricks provides the largest platform for buyers and sellers of property to connect with each other in a clear, transparent manner. With this in mind, Magicbricks has innovated several product features, content and research services, which have helped us, build the largest audience pool.
To give it a world-class status, WTC Noida Development Company Pvt Ltd has collaborated with World Trade Center Association, New York which will take the scale of the project a notch higher.
World Trade Center, Chandigarh
World Trade Center, Chandigarh stands on the main crossing of Airport Road and Aerocity, just opposite the Chandigarh International Airport.
Merely 3 Kms away from the airport and adjoining 1000 acres of mix land use development, it is a strategic location in every aspect. WTC Chandigarh is expected to see a heavy footfall every day and become a dynamic center of business activity.
It is also the first institution in the Tri-city that brings with it the legacy of the World Trade Center Association and a powerful medium for enterprises to give maximum exposure to their business, taking it to a new level of competitiveness. It promises to offer the physical and virtual infrastructure that businesses need to connect to global corporations and access the best opportunities in business.
World Trade Center, GIFT City
India’s first International Financial Service Centre (IFSC) and one of the most ambitious projects ever undertaken in the Indian Infrastructure space, GIFT City seeks to be at or above par with global benchmarked financial centers. Conceptualized as a global and financial service hub, GIFT City aims at enabling economic growth through relocation and centralization of India’s financial and IT sectors.
As a globally recognized brand, the World Trade Centre GIFT City is a sought after project in the region. It is leading and facilitating initiative that will establish the region as an important economic development vehicle. Falling in line with the prime mission of a WTC that is to support the world trade objectives of the region it is present in, WTC GIFT will reflect the business resources and business goals of Gujarat as a whole with carefully tailored services for individual objectives, opportunity and obstacles of the region.
Every World Trade Center has an impact that goes way beyond the boundaries defined by the WTC complex. The international trade that a WTC attracts has a positive ripple effect that influences business and infrastructure in the entire region surrounding it. WTC Gift City brings many such implications for GIFT City and Gujarat.