Times Business Solutions Limited’s leading real estate portal, MagicBricks.com, has won the Real Estate Excellence (REE) Award for the “Best Property Portal” for the year 2008 for its outstanding contribution to the real estate sector. This is the second time that MagicBricks.com - India’s No.1 Property Site, has won this award. The REE Award not only recognizes the contribution of MagicBricks.com in developing the Real Estate sector in India, by bringing in an unparalleled level of interactivity and transparency with its innovative online solutions to the sector, but has also identified and honored MagicBricks.com as a team of professionals who have envisioned and created path-breaking products and services to serve the sector, creating benchmarks for Indian real estate. The REE Awards 2008 were also bestowed upon Parsvnath Developers for the Company of the Year, DLF for the Best IPO and Jaypee Greens for Overall Achievement & Project Award of the Year-2008. The REE Awards have been constituted to recognize developers, builders and the real estate related organisations for their outstanding achievements in developing infrastructure facilities and promoting state of art designs & architecture. The REE Awards 2008 honored and saluted entrepreneurs involved in building and developing the new India.