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

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.
Ensuring transparency in real estate
Oct 30, 2012
With multi-rises mushrooming in the City, the State Information Commission (SIC) has directed the Bhubaneswar Development Authority (BDA) to publish details about major housing projects before giving them a go-ahead.
Mahindra Life Spaces bids Rs 260 crore for Chennai property
Oct 29, 2012
CHENNAI: Mahindra Life Spaces, part of the $15-billion Mahindra & Mahindra Group, has emerged as the highest bidder for a 4.85 acre plot of Madras Race Club in Guindy with a bid in excess of Rs 260 crore. This values the land at nearly Rs 3 crore per ground.
Local bodies in India must be made responsible for urban planning
Oct 29, 2012
The 2012-13 edition of UN Habitat’s State of the World’s Cities report, released two weeks ago, measures the prosperity of cities. Reactions thus far refer to the prosperity index and how Delhi, Mumbai, Hyderabad or Bangalore rank.
Mumbai realty market sees upward trend in on-going festive season
Oct 28, 2012
Mumbai : The Mumbai realty market, one of the leading property market in the country, is witnessing an upward trend during the ongoing festive season after a long spell of slowdown owing to lack of approvals, high interest rate, price escalation and general downtrend in consumer demand.
Chief minister asks officials to speed up Greater Ranchi project
Oct 28, 2012
RANCHI: Chief minister Arjun Munda on Friday asked officials to expedite the Greater Ranchi project as delay will only lead to increase in cost.
DDA to invite views on farmhouse policy
Oct 28, 2012
NEW DELHI: Delhi Development Authority will start inviting objections and suggestions on the farmhouse policy from next week. According to sources, the public will have up to 90 days to respond to the proposal for regularizing over 2,700 farmhouses in the city by re-designating them "country homes".

Latest Realty News Of State

Realty Talk's