Mumbai Real Estate Market Soars: HOMETHON 2024 Unveils Rs 10,000 Crore Inventory
The HOMETHON Property Expo 2024 in Mumbai highlights the city's dynamic real estate market with the launch of over 77 new projects, valued at Rs 10,000 crore.
Mumbai Real EstateHomethon 2024Naredco MaharashtraProperty ExpoSustainable Urban DevelopmentReal EstateOct 04, 2024
According to Mr. Prashant Sharma, President of NAREDCO Maharashtra, the growing demand for homeownership is driving the market, and the organization plans to sign an MoU with the Maharashtra government to promote sustainable urban development. Notable figures like Dr. Niranjan Hiranandani and Rajan Bandelkar highlighted the significance of the expo in fostering trust and transparency within the market, meeting housing demands, and connecting developers with potential buyers. NAREDCO Maharashtra has also announced a new 'Redevelopment Council' to assist housing societies in redevelopment initiatives.
Frequently Asked Questions
What is HOMETHON 2024?
HOMETHON 2024 is a property expo organized by NAREDCO Maharashtra, showcasing over Rs 10,000 crore worth of inventory in the Mumbai real estate market.
What is the aim of NAREDCO Maharashtra?
NAREDCO Maharashtra aims to promote sustainable urban development and provide affordable housing options to the people of Maharashtra.
How many new projects are being launched at HOMETHON 2024?
Over 77 new projects are being launched at HOMETHON 2024.
What is the expected outcome of HOMETHON 2024?
HOMETHON 2024 is expected to foster trust and transparency within the market, meet housing demands, and connect developers with potential buyers.
What is the 'Redevelopment Council' announced by NAREDCO Maharashtra?
The 'Redevelopment Council' is an initiative by NAREDCO Maharashtra to assist housing societies in redevelopment initiatives.
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