Credai Nagpur's Annual Property Expo: A Showcase of Luxury and Affordable Homes

Get ready to explore the best of Nagpur's real estate market at Credai's annual property expo, featuring properties ranging from ₹15 lakh to ₹5 crore.

Credai NagpurProperty ExpoReal EstateAffordable HomesLuxury HomesReal EstateAug 24, 2024

Credai Nagpur's Annual Property Expo: A Showcase of Luxury and Affordable Homes
Real Estate:The Nagpur unit of the Confederation of Real Estate Developers Association of India (Credai) is all set to host its annual property expo from October 4 to 7. According to Abhishekh Jhavery, joint secretary of Credai, the properties on offer will range from ₹15 lakh to ₹5 crore. He noted that last year's highest price point was over ₹3 crore, but this year, apartments valued up to ₹5 crore are expected to be showcased during the expo.

He mentioned that around 150 properties priced at ₹5 crore will be featured, along with 400 properties in the ₹1 crore to ₹2.5 crore range. In addition to these high-end flats, the real estate association expects a significant increase in demand for affordable homes priced around ₹35 lakh, driven by the subsidy available under the Pradhan Mantri Awas Yojana (PMAY).

Gaurav Agrawala, secretary of Credai's Nagpur unit, added that the expo will feature properties of all categories, ranging from one-bedroom to six-bedroom apartments. He noted that the latest trend shows consumers are increasingly seeking flat systems equipped with amenities like gyms and community halls, as well as independent homes.

The Confederation of Real Estate Developers Association of India (Credai) is a leading real estate organization in India, representing over 12,000 developers across the country. Credai Nagpur is the local chapter of the organization, which aims to promote and develop the real estate sector in the region.Credai is a non-profit organization that works towards promoting the interest of real estate developers and consumers. The organization provides a platform for its members to network, share knowledge, and address industry issues.

Frequently Asked Questions

When is the Credai Nagpur property expo scheduled to take place?

The expo is scheduled to take place from October 4 to 7.

What is the price range of properties that will be showcased at the expo?

The properties on offer will range from ₹15 lakh to ₹5 crore.

What types of properties will be featured at the expo?

The expo will feature properties of all categories, ranging from one-bedroom to six-bedroom apartments, as well as independent homes.

What is the expected demand for affordable homes at the expo?

The real estate association expects a significant increase in demand for affordable homes priced around ₹35 lakh, driven by the subsidy available under the Pradhan Mantri Awas Yojana (PMAY).

Who is the target audience for the expo?

The expo is open to all, but it is primarily targeted at homebuyers and investors looking to explore the best of Nagpur's real estate market.

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