Naredco's 3-Day Property Expo Kicks Off in Mumbai with Over Rs 10,000 Crore Worth of Real Estate on Offer
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 EstateOct 04, 2024
According to Naredco, over 77 new projects were launched at the expo, with builders offering discounts and freebies to lure customers during this festive season. The expo has already witnessed a spurt with over 75,000 homebuyers registered for the three-day exhibition to explore various options of property buying in Mumbai Metropolitan Region and other parts of Maharashtra.
Prashant Sharma, President of Naredco Maharashtra, announced the launch of Naredco Maharashtra's initiative of ‘Redevelopment Council’ whereby a special window has been set up in the expo to solicit the enquiries of housing societies. The council will facilitate a complete advisory and execution of redevelopment proposals made by the incumbent societies. Until now, 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. \
Frequently Asked Questions
What is the total value of real estate inventory on offer at the Naredco property expo?
Over Rs 10,000 crore
How many new projects were launched at the expo?
Over 77
What is the purpose of Naredco's ‘Redevelopment Council’ initiative?
To facilitate a complete advisory and execution of redevelopment proposals made by housing societies
How many housing societies have registered to seek redevelopment proposals?
Over 4,000
What is the duration of the property expo?
Three days, from October 4 to October 6, 2024
Related News Articles
Naredco's Maharashtra Chapter Hosts 3-Day Property Expo in Mumbai, Showcasing 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.
Elan Group Appoints Shah Rukh Khan as Brand Ambassador for Ultra-Luxury Real Estate
Elan Group, a leading name in the ultra-luxury real estate sector, has announced Shah Rukh Khan as their brand ambassador. Known for their meticulous projects, the group aims to elevate their brand with this high-profile partnership.
Hyderabad's Real Estate Market Witnesses 20% Surge in Property Registrations in October
The real estate market in Hyderabad experienced a significant 20% monthly increase in property registrations, with 5,985 residential units sold in October.
Indian Real Estate Sector Raises Rs 13,500 Crore through IPOs in 2024
The real estate sector in India has raised nearly Rs 13,500 crore through initial public offerings (IPOs) from the markets this year to date, marking a significant milestone in the industry's growth and investor interest.
Top Real Estate Investment Trusts (REITs) for Income Generation in 2024
Discover the best REITs for income generation in 2024, offering high dividend yields and reliable income streams.
Infra Stock in Focus: Securing ₹312 Cr Order from MSETCL for KV Substation
infra stock in focus after receiving a significant order worth ₹312 crore from Maharashtra State Electricity Transmission Company Limited (MSETCL) for the construction of a key KV substation.