Choices galore at three day housing exhibition
Promoters, banks and housing finance companies, and LIC housing wing have set up stalls
Jan 05, 2015
Source : The Hindu


Tiruchirapalli: A three-day housing expo, Fairpro 2015, organised by Confederation of Real Estate Developer’s Association of India (CREDAI), got underway in the city on Friday offering a range of choices for people looking to buy houses and individual villas. A number of apartment promoters, banking and financing institutions besides the housing wing of the Life Insurance Corporation of India have put up stalls to explain their services and concessions offered to visitors during the exhibition period.

“The expo, organised by the CREDAI, has been helping us to reach out to prospective customers,” says S. Mohan, Managing Partner, Mitha Construction and Development. The expo also provides a lot of opportunity for the customers to compare the rates offered by various builders in the same area and different builders in various areas in the city.

The expo caters to the needs of customers of different economic groups: while individual houses have been constructed on the outskirts of the city such as Valadi and Nochiyam, apartments are also available in Woraiyur area, says R.Dhulaksivarnam, marketing manager, Navaneetha Property Developers.

T.V.Murali, president of Tiruchi Chapter of CREDAI, said that 40 builders with 100 projects are participating in the expo. Projects on offer include apartments and houses in the price range of Rs.20 lakh to Rs.3 crore.

The CREDAI aims at contributing its mite towards the Central government’s goal of providing ‘Housing for all by 2022’, he said. On-the-spot scrutiny of applications for customers and affordable rate of interest by banks on housing loans were other advantages, he added.

Earlier, P.Sivakumar, Deputy General Manager, State Bank of India, released a guide providing the details of the expo and the first copy was received by N.Parthasarathy, vice-president (Cluster Head) of Axis Bank. M.Anand, chairman of the ‘Fairpro’ said that expo has been organised to showcase quality housing projects in the city.




Latest Realty News

Affordable housing scheme for EPFO subscribers in the works
Jan 05, 2015
NEW DELHI: The labour ministry is preparing a mega housing scheme to offer affordable houses to over 5 crore subscribers of retirement fund body EPFO
What are Ready Reckoner Rates and what they mean for home buyers?
Jan 05, 2015
Mumbai: While numerous factors contribute to the hike in real estate prices, there is one significant factor, known as “ready reckoner rate”
Interest rate cut key for real estate revival in 2015
Jan 05, 2015
Mumbai: It would still be a while before profits of realty companies begin to perk up
BDA to construct around 10,000 Aff Homes in Odisha: Dr Krishan Kumar
Jan 04, 2015
Bhubaneswar: Around 10 thousands Affordable houses are proposed to be built by Bhubaneswar Development Authority [BDA] in the coming years
Refund issue: DDA may blacklist defaulting banks
Jan 03, 2015
NEW DELHI: DDA today said that a camp could soon be held at its headquarters for refunding money to unsuccessful applicants
No dissent on land Ordinance, says rural development minister
Jan 03, 2015
New Delhi: Rural Development Minister Chaudhary Birender Singh scotched rumours that he had concerns over a recent ordinance on land acquisition
Number of housing loan accounts dips 2.7%
Jan 03, 2015
CHENNAI: Number of housing? loan accounts with commercial banks dropped by 2.7% between 2012 and 2013
Amid slowdown, resale real estate market brings relief to brokers
Jan 02, 2015
New Delhi: The year 2014 ended on a good note for small real estate brokers, who saw a sales pick-up, albeit of a marginal 10-15 per cent, in the secondary market
DDA's next housing scheme in December 2016
Jan 02, 2015
NEW DELHI: The Delhi Development Authority (DDA) will issue the next housing scheme in December 2016
Regularization of Delhi colonies: BJP eyes big gains
Jan 02, 2015
NEW DELHI: Ahead of the assembly polls, BJP is going all out to woo voters in unauthorized colonies

Latest Realty News Of State

Realty Talk's