new delhi real estate portal magicbrickscom will launch its dream homes festival on october 15 2015 the festival will feature over 60 real estate developers who will be offering deals and discounts to home buyers among the offers will also be a guaranteed cashback from magicbrickscom these builders would offer over 150 projects in the top metros and emerging markets in the country magicbricks said in a statement this festival provides an opportunity to win cashback of up to rs 500000 to one lucky winner and a guaranteed cashback of rs 10 000 for first 50 home buyers buyers just need to connect with the developer through the event and book through any preferred mode agent or directly with developer before november 30 2015 the users can access the festival on web and mobile the statement said we are positive about the real estate market going upbeat during festive season and festive deals are usually a way to drive fence sitters to start purchasing the fact that home ownership ladders up on the priority list of the indian citizen during this season developers offer a lot of deals and on top of it deals from magicbrickscom will be available users also get an opportunity to win prizes from magicbrickscoms alliance partners through various lucky draws and deals throughout the event said vijay singh shekhawat head sales at magicbrickscom shekhawat pointed out that this period always acts as a turning point of the year and signals a paradigm shift in favour of online property purchase online influences more than 60 of all purchase decisions in residential real estate moving forward we will see a thrust in the influence by the online channel it is our bid to reignite transactions in the real estate market he said