Thousands of prospective home buyers throng the CREDAI Expo at Hotel Park Plaza

Posted on Aug 24 2015 - 12:02pm by IBC News Bureau
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Thousands of prospective home buyers throng the CREDAI Expo at Hotel Park Plaza

Thousands of people thronged the CREDAI Expo held at Hotel Park Plaza at Marathhalli on its first day today. The event saw unprecedented success with thousands of potential clients browsing through a range of projects by CREDAI members. The Expo hosted 49 builders and 7 banking institutions that provided comprehensive information on quality real estate projects in the vicinity.

Mr.K.K Malpani, Founder President, CREDAI Bengaluru, Mr.R Nagaraj, Chairman, CREDAI Karnataka, Mr. Suresh Hari, Secretary, CREDAI Bengaluru, Mr.Naresh Survarna, CEO, CREDAI Bengaluru were present in the event.

Speaking on the inauguration of the event, Mr.K.K Maplani, Founder President, CREDAI Bengaluru says Buying property is a little tedious task for everyone.

But our developers are supporting all the customers. Also member developers are supporting CREDAI. The good work of the developers will be appreciated.

During the inauguration Mr.R Nagaraj, Chairman, CREDAI Karnataka said We are providing housing for the entire fraternity. The construction cost and other costs have gone up. But our builders have not increased the price from last year. This is the last opportunity for the buyers to buy their dream home at a lesser price. There is a lot of speculations that real estate market is not doing well, but in reality the market is very stable. So there is no need for the buyers to worry.

Emphasizing on the event Mr.Suresh Hari, Secretary, CREDAI Bengaluru said This is the last expo of this season. We are expecting more customers this time that the previous two expos. There are 2 reasons for this. One is since it is election day, after voting people are free to come here and check the properties. Second reason is this place is very conveniently accesible. Also several bankers are giving attractive discounts on home loans.

Bangalore’s real estate is witnessing growth now. An exhibition of this nature helps connect people to quality builders. The ability to browse through each project in detail, avail of financial advice and some great discounts, makes an expo like this, a highly anticipated one each year.

About CREDAI Bengaluru

CREDAI Bengaluru is an apex body of credible real estate developers, operational in Bengaluru for three decades. It has around 230 reputed developers as its members in the city and 450+ developers across the state. CREDAI Bengaluru safeguards the interests of real estate developers and builders while protecting the rights of buyers and home owners. CREDAI Bengaluru gives voice to its members and is responsible for communicating with Government agencies, trade bodies and other authorities on issues directly affecting the sector.

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