SBI Online: Bank to boost Bengaluru real estate market! Unveils Home Carnival in partnership with AddaCorner

SBI Online Home Carnival in Bengaluru: With the aim of boosting the real estate sector in Bengaluru, the State Bank of India (SBI) has unveiled its Online Home Carnival, in partnership with India’s First Real-Time Group Negotiation E-Platform: AddaCorner. SBI Online Home Carnival will invite all prospective Home-buyers, to virtually come together as a group to team up and directly connect and negotiate with empaneled real estate sellers, on a real-time basis. This will ensure that buyers are able to unlock group pricings and negotiate the best deal on the property while allowing developers to close sales in bulk. Along with the announcement of the Carnival, AddaCorner was officially launched.

Speaking on the announcement, Abhijit Majumder, CGM at SBI, said “ The entire country is going through one of its toughest times it has ever come across. After easing of lockdown, the trends of movement in the Home loan market is evident. The steep cut has brought interest rates on home loans to their lowest. It’s definitely good news for those chasing a life goal to own a house more so for those waiting for the right time to take a home. Options of reduced EMIs and options of availing a Top-up loan also available at lower interest rates. We would be privileged to be associated with you in realizing your dreams and be a part of 30 lakh satisfied families. We have always known for our values -Trust, Transparency, Integrity and Excellence”

Sumit Srivastava, Co-Founder at AddaCorner, said “Our partnership with SBI for this ‘one of a kind’ carnival will provide a platform for prospective home buyers to collectively negotiate with developers in a unique and effective way. This will ensure Fair and Equal pricing for all home buyers, which will surely be the best. SBI empowering prospective Home Buyers with this unique carnival will surely revolutionize the way home buying happens today.”

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This carnival will provide prospective Home-buyers with a platform to negotiate in groups and attain fair and judicious deals with a high level of transparency on real-estate in Bengaluru. With this platform, prospective Homebuyers will be able to unlock the best deals directly without any intermediary owing to the strength of Group quorum.

Developers that have been partnered with for the Carnival and empaneled on the AddaCorner platform are — Brigade Group, Purvankara, Shriram Properties, Salarpuria, Assetz, Sumadhura, Sowparnika, DS Max, Mana Infrastructure, DSR Properties, GR Infra, GM Infinite, Keya Homes, Vajram and Incor Infrastructure.