Hyderabad to Host CREDAI's Annual Property Shows from August 2
The Confederation of Real Estate Developers' Associations of India (CREDAI) is set to host three property shows in Hyderabad from August 2, featuring RERA-approved properties and government policies aimed at boosting the real estate sector.
CredaiHyderabadProperty ShowsReal EstateReraReal Estate NewsJul 12, 2024
Announcing this at a press conference held in Begumpet on Friday, CREDAI-Hyderabad President V. Rajasekhar Reddy stated that Chief Minister A Revanth Reddy has been invited to inaugurate the Hitex property show, IT and Industry Minister D Sridhar Babu to inaugurate the Kompally show, and the Revenue Minister to inaugurate the Nagole Metro Station show. The events will serve as platforms to explore government policies aimed at boosting the real estate sector.
Reddy highlighted the robust real estate market in Hyderabad, noting its resilience to major disruptive events such as state and central government elections. Recent data indicates a 12.5 per cent surge in property registrations within Hyderabad metropolitan limits between December 2023 and June 2024, with 2.18 lakh registrations recorded during this period compared to 1.94 lakh the previous year.
Reddy emphasized that initiatives like the Regional Ring Road (RRR), Musi River beautification, expansion of Hyderabad Metropolitan Development Authority (HMDA) areas, and township plans will further boost the real estate business in Hyderabad. He added that Hyderabad has surpassed other metro cities in the luxury residence segment.
N Jaideep Reddy, President-elect of CREDAI-Hyderabad, remarked that Hyderabad is increasingly becoming a prime destination for investors and homebuyers due to its favourable climate and attractive investment opportunities. He encouraged homebuyers to attend the property shows to explore premium projects and gain comprehensive insights into Hyderabad's real estate landscape.
B Jagannath Rao, General Secretary of CREDAI-Hyderabad, emphasized that Hyderabad is a prime destination for real estate investment, offering a secure and exceptional living and working environment. Recognized for its top-notch infrastructure and connectivity, Hyderabad ranks highly in the Ease of Living Index by MoHUA (2021).
The CREDAI property show will feature RERA-approved properties, ensuring the highest standards in the real estate industry. The event aims to provide homebuyers with a platform to discover properties that resonate with their dreams and aspirations.
Frequently Asked Questions
When are the CREDAI property shows scheduled to take place in Hyderabad?
The CREDAI property shows are scheduled to take place in Hyderabad from August 2-4, August 9-11, and August 23-25.
Where will the property shows be held?
The property shows will be held at Hitex Exhibition Centre, Shree Conventions, Kompally, and Nagole Metro Station.
What kind of properties will be featured at the property shows?
The property shows will feature RERA-approved properties.
Who has been invited to inaugurate the property shows?
Chief Minister A Revanth Reddy, IT and Industry Minister D Sridhar Babu, and the Revenue Minister have been invited to inaugurate the property shows.
What is the current state of the real estate market in Hyderabad?
The real estate market in Hyderabad is robust, with a 12.5 per cent surge in property registrations between December 2023 and June 2024.
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