Magicbricks generates Rs 200 cr sales for M3M

NEW DELHI: Magicbricks, India’s No.1 property site, generated sales in excess of Rs 200 crore for leading developer M3M during the first-of-itskind online property bidding campaign ‘My Bid My Home’ on October 7.

Hundreds of bids were placed for properties at Gurgaon in M3M Golf Estate (Sector 65), M3M Merlin (Sector 67) and for M3M Woodshire (Sector 107). The size of apartments that were sold ranges from 1,355 sq ft to 5,486 sq ft. Reserve price for Golf Estate was Rs 9,550 psft,Rs 7,500 psft for Merlin and Rs 4,399 for Woodshire.