Thursday, November 21, 2019

The 29th CREDAI MCHI Real Estate & Housing Finance Exhibition will be the turning point of MMR Real Estate


The 29th CREDAI-MCHI Property Exhibition kicked off in a grand fashion on 21st November, 2019. The event is being held at the MMRDA Grounds, BKC, Bandra and is hosting 120+ developers from across the MMR region. 20,000+ homes are expected to be put on sale giving potential homebuyers immense variety in one space.

The theme of this Expo is ‘Ab Nahi Toh Kab’. Ab Nahi Toh Kab was conceptualized with the intent of understanding people's psyche with regards to postponing buying homes. The last couple of years have been a wait and watch market for home buyers, as prices were high and interest on loans were high. But this year due to government and RBI initiatives Developers have initiated be good deals/offers on homes. Ab Nahi Toh Kab invites potential homebuyers and gives them a one-stop place to look at homes in all budgets, sizes, locations, from reputed builders, and lets them know that MCHI is giving credibility to this whole exercise. There are no better excuses to postpone pulling the trigger on a new home. The time to buy is now, and the best place to shop without hassle is at MCHI expo.

When you visit the Property Expo, you have a chance to win a free house or get a discount voucher or avail of the various subvention schemes put forth by the developers on a platter to help you make that final decision to buy a home. ‘Ab Nahi Toh Kab !’ the expo seems to reiterate the fact that in this sluggish market a buyer may find a better deal to buy their property.

The event will go on until the 24th of November, and pre-registration numbers so far have already cross 20,000. This edition of the property expo is the first one to go online and get pre-registrations. The outcome has been phenomenal, as the pre-registrations have been more than 10 Thousand that
of last year’s.

The inauguration happened with the lamp lighting ceremony presided upon by MCHI Dignitaries, members from the developer’s community and from the participating banks. The Guests of Honour included 50 Managing Committee and Developer members and Senior Bankers.

The list of Bankers includes:
1 Shri. Siddhart Mohanty, MD & CEO, LIC
2 Shri. Shreekant, CGM-Head Real Estate & Housing Business, State Bank Of India
3 Shri. Rajiv Sabharwal, MD & CEO, Tata Capital Ltd
4 Shri. Jagdeep Mallareddy, President & Head Retail Lending Assets, Axis
5 Shri. Jasminder Chahal, HEAD - MORTGAGES, ICICI
6 Shri Navtej Singh, Head Business Operations Maharashtra & Goa, Bank of Baroda
7 Shri. Anuj Puri, Chairman, Anarock Property Consultants Pvt ltd
8 Shri. Rajesh Jhunjunwala, Director, Shreeji Builders

Post the lamp lighting and the inauguration Guest of Honours along with the Youth Wing and The Women’s Wing Members paid a visit to each stall and met the sales teams and developers and wished them the best. The tour ended with a networking meet and the expo was opened up to the visitors.
Nayan Shah, President, CREDAI MCHI was really humbled to see the participation by the  developers for the 29th CREDAI MCHI Property Expo and extended his gratitude to all the participants while wishing them all the very best to make the most out of this event Pratik Patel, Chairman, Exhibition, CREDAI MCHI said, ''We as a committee can only think of this moment as a turning point for MMR Real Estate. I wish all the home buyers a very good luck for the best deals for their ideal homes ‘Ab Nahi Toh Kab !’ . Those who have missed it today we still have 3 more days to go come and get the best deals for your dream homes. '' TD Joseph, Head, Events & IPs, CREDAI-MCHI, said, '' This exhibition is not just about
business but a way of giving back to society. Catering to different categories of homes from
Affordable, Luxury, Holiday Homes etc. with this initiative, we wish to make all kind of homes
accessible for home buyers as we not only cover Mumbai but Metro regions and Pune region.''

The expo will go online for the first time where people can check out the properties and offers
online on www.mchihomes.com You can register for the expo and skip the queue by calling on: 9833552822 or visiting www.mchihomes.com registration

About CREDAI – MCHI:

CREDAI - MCHI, formed in 1982, is the most prominent and the recognized body of Real Estate Developers in Mumbai and MMR. CREDAI-MCHI- brings together members dealing in Real Estate Development on one common platform to address various issues facing the Industry. With a strong Membership of over 1800 leading Developers in Mumbai and The CREDAI – MCHI has expanded across MMR, having its own units in Thane, Kalyan - Dombivali, Mira - Virar City, Raigad and Navi Mumbai. Members of CREDAI – MCHI accounts for 80% of the organized Development of new residential and commercial properties in Mumbai and MMR. CREDAI – MCHI is recognized by Government of Maharashtra and the Central Government and helps in meeting their objectives of providing housing, which is a basic necessity. CREDAI – MCHI works towards raising awareness among the General Public, Real Estate and Construction Industry while providing them with detailed information on new developments in and around Mumbai and MMR.