Mumbai Real Estate Market Soars with HOMETHON 2024, Unveiling 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 ExpoReal Estate MarketReal Estate MumbaiOct 04, 2024
The expo has registered over 75,000 attendees eager to explore property options across the Mumbai Metropolitan Region and Maharashtra. NAREDCO Maharashtra's President, Mr. Prashant Sharma, emphasized the growing demand for homeownership and announced a new 'Redevelopment Council' to assist housing societies in redevelopment initiatives
. Furthermore, NAREDCO Maharashtra 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.
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 at the Jio World Convention Centre.
How many new projects were launched at HOMETHON 2024?
Over 77 new projects were launched at HOMETHON 2024.
What is the value of the inventory showcased at HOMETHON 2024?
The inventory showcased at HOMETHON 2024 is valued at over Rs 10,000 crore.
What is the purpose of NAREDCO Maharashtra's 'Redevelopment Council'?
The 'Redevelopment Council' aims to assist housing societies in redevelopment initiatives.
What is the expected outcome of NAREDCO Maharashtra's MoU with the Maharashtra government?
The MoU is expected to promote sustainable urban development in Maharashtra.
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