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
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