MCHI CREDAI Property Expo inaugurated
The exhibition offers a good opportunity not only for domestic buyers but also for NRIs who are looking to invest back at home.
Nov 02, 2012
Source : GNB
15,000 properties with over 120 developers participating


India’s largest real estate exposition today got off to a flying start at BKC grounds, Mumbai, featuring over 15,000 properties with over 120 developers participating. Axis bank is the co-organiser of the exhibition.
The MCHI CREDAI’s 20th Real Estate & Housing Finance Exhibition, was formally inaugurated by Jairam Sridharan Senior Vice President and Head – Consumer lending & Payments Axis Bank and Sunil V. Shaligram General Manager and Head – Project Finance & Technical Services HDFC Ltd at MMRDA Grounds.

MCHI-CREDAI President Paras Gundecha said: “With the ongoing festive season, coupled with the revival of interest among home buyers, this exhibition is the ideal destination for a cross section of people. Apart from the wide range of properties, we also have facilities for spot finance with as many as 15 housing finance companies participating. We are sure all visitors will enjoy the experience here.”
The exhibition, spreading across 30,000 sq mtr features properties from across Mumbai and Mumbai Metropolitan Region with varied sizes and convenient price points – all in an air-conditioned comfort.
Reflecting growing interest from outside Mumbai, some properties from Pune, Ahmedabad, Bangalore, Chennai and Kerala are also on display at the exhibition.
Bandish Ajmera, Chraiman, MCHI-CREDAI Exhibition Committee said, “Everybody likes to own a house and it is not an easy decision to take. Lot of planning, thinking and due diligence goes in before a family decides to buy their dream home. Based on the buyer feedback we at MCHI CREDAI have designed the exhibition in such a manner that the home seekers save time, efforts and can take their decisions. With our stamp of guarantee – MCHI Hai Toh Bharosa Hai – the buyer is assured to smooth transactions”. 
Another unique feature of the exhibition is that many new developers have showcased their properties in competition with the established developers.
Ranging from 1/2/3/4/5 BHK and studio apartments, duplex, penthouses, row houses and bungalows, the expo also has second homes/holiday homes, NA plots, shops and office premises.  

Jairam Sridharan, Senior Vice President & Head – Consumer lending & Payments said: “It is a matter of great pride for us at Axis Bank to be associated with this event as it offers a great opportunity to all classes of home buyers to purchase their dream homes. We appreciate the efforts of MCHI-CREDAI in showcasing a wide variety of properties. I am confident that those looking for a house will get what they are looking for here at the expo.”

The exhibition offers a good opportunity not only for domestic buyers but also for NRIs who are looking to invest back at home. As many as 15 home finance companies have set up their stalls to offer spot loans.
Visitors to the expo have a new experience with valet parking, registration counter with state-of-the-art technology that depicts product locator, and a Kid Zone where kids can enjoy while their parents are shopping for their “Dream Homes”.
In line with the high-tech trend, MCHI-CREDAI has implemented a unique QR code to facilitate home buyers to focus on their search as per their requirement.

Latest Realty News

Pressure mounts on Prithviraj Chavan to lower VAT, decision soon
Nov 02, 2012
MUMBAI: A day after a cabinet meeting discussed the contentious issue of value-added tax (VAT) for flats, pressure is mounting on chief minister Prithviraj Chavan to reduce it from 5% to 1%.
Registration of Andhra Pradesh Housing Board projects put on hold
Nov 02, 2012
HYDERABAD: Property registrations of various residential and commercial projects being taken up jointly by the Andhra Pradesh Housing Board (APHB) and private players have come to a standstill.
Mangalore set for more multiplex screens
Nov 02, 2012
MANGALORE: The cinema viewing experience for Mangaloreans underwent a dramatic change in 2006 - when the first three-screen multiplex started operating in the first mall of the city. Adlabs (now Big Cinemas) multiplex started with three screens and added one more screen a year later. Since then there has not been much of a change in the multiplex scene in the city.
Final report on realty approvals to be submitted by month-end
Nov 02, 2012
MUMBAI: The committee appointed by the Ministry of Urban Development to streamline approval procedures for real estate projects is expected to submit its report by the month-end, a senior official said here today.
Ficci seeks revisit of proposed Land Acquisition Bill
Nov 02, 2012
NEW DELHI: Industry body Ficci today said the government should relook at certain clauses of the proposed Land Acquisition Bill such as role of state governments and the entitlements for the private sector, prior to placing it before the Cabinet.
Railways to lease 3,700 acre land in next 2-3 years
Nov 02, 2012
MUMBAI: Indian Railways plans to lease land parcels spread over 1,500 hectare (3,700 acre) in the next two-three years to earn more than Rs 5,500 crore, a senior official told.
Lodha Developers pays Rs 2725 cr to DLF to acquire 17-acre land in Mumbai
Nov 01, 2012
Mumbai: Lodha Developers today said it has completed the acquisition of 17-acre prime land in Mumbai from realty major DLF for Rs 2,725 crore -- the largest realty deal so far this year.
Union Cabinet clears amendments to aid construction workers
Nov 01, 2012
New Delhi: Giving more teeth to two laws dealing with welfare of construction workers, the Union Cabinet today approved amendments which among other things eases some restrictions for availing benefits.
PE investment in realty sector drops by 15% in Jan-Sept 2012
Oct 30, 2012
NEW DELHI: Private equity investment in the real estate sector declined by 15 per cent in the first three quarters of 2012 calendar year to Rs 3,500 crore compared with the year-ago period, according to global property consultant Cushman and Wakefield.
National honour for Bhubaneswar Municipal Corporation's e-services
Oct 30, 2012
BHUBANESWAR: The Bhubaneswar Municipal Corporation's e-governance delivery system for citizens has drawn national attention.

Latest Realty News Of State

Realty Talk's