Naredco's 3-Day Property Expo in Mumbai Showcases Over Rs 10,000 Crore Worth of Real Estate

Realtors' body Naredco's Maharashtra chapter is organising a property exhibition where builders are marketing more than Rs 10,000 crore worth of inventories in various projects across Maharashtra state.

Real EstateProperty ExpoNaredcoMumbaiMaharashtraReal Estate MumbaiOct 04, 2024

Naredco's 3-Day Property Expo in Mumbai Showcases Over Rs 10,000 Crore Worth of Real Estate
Real Estate Mumbai:The National Real Estate Development Council (Naredco) Maharashtra chapter is hosting a three-day property expo in Mumbai, featuring over Rs 10,000 crore worth of real estate inventory. The expo, which began on October 4, 2024, at the Jio World Convention Centre, has already witnessed a surge in interest, with over 75,000 homebuyers registering to explore various property options in the Mumbai Metropolitan Region (MMR) and other parts of Maharashtra.

The expo showcases a comprehensive range of properties, from affordable housing to luxury residences and premium land parcels, catering to diverse buyer needs. Builders are offering discounts and freebies to lure customers during this festive season.

Prashant Sharma, President of Naredco Maharashtra, announced the launch of Naredco Maharashtra's initiative of 'Redevelopment Council', which will facilitate a complete advisory and execution of redevelopment proposals made by housing societies. Over 4,000 housing societies have already registered to seek redevelopment proposals.

Niranjan Hiranandani, Chairman, Naredco, said the housing market is currently experiencing a vibrant surge, fueled by greater job stability, increased disposable incomes, and rising aspirations. Rajan Bandelkar, Vice Chairman, Naredco, added that this property expo offers an exceptional opportunity for developers to showcase their premium projects and connect with prospective buyers.

About Naredco \nNaredco is a leading real estate industry body, which aims to promote and support the development of the real estate sector in India. The organization provides a platform for developers, buyers, and other stakeholders to connect and facilitate the growth of the industry.

About HOMETHON Property Expo \nHOMETHON Property Expo is an annual event organized by Naredco Maharashtra, which brings together developers, buyers, and other stakeholders to showcase and explore various property options in the state.

Frequently Asked Questions

What is the value of real estate inventory being showcased at the expo?

Over Rs 10,000 crore

How many homebuyers have registered for the expo?

Over 75,000

What is the purpose of Naredco Maharashtra's 'Redevelopment Council'?

To facilitate a complete advisory and execution of redevelopment proposals made by housing societies

What is the current state of the housing market, according to Niranjan Hiranandani?

The housing market is currently experiencing a vibrant surge, fueled by greater job stability, increased disposable incomes, and rising aspirations

What is the goal of the HOMETHON Property Expo?

To provide a platform for developers, buyers, and other stakeholders to connect and facilitate the growth of the real estate industry

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