Finally I got something out from Joomla community which can help me to compete with other available technologies.
Eventsnova is the component which can lead this stream.
Features I liked the most are:
- Extra ordinary support & quick response. Excellent service.
- Easy to configure. Documentation – to the point.
- Unlimited domain support / installations.
- Easy integration with Joomsocial / CB
- Watch list / waiting list
- Powerful search
- Video upload & radius search
It comes with a big bunch of other useful features to serve core purpose efficiently.