Naredco's 3-Day Property Expo Kicks Off in Mumbai with Rs 10,000 Crore Worth of Inventory

The housing market is experiencing a vibrant surge, fueled by greater job stability, increased disposable incomes, and rising aspirations. Naredco's property expo offers an exceptional opportunity for developers to showcase their premium projects and conn

Real EstateHousing MarketProperty ExpoMumbaiNaredcoReal Estate NewsOct 04, 2024

Naredco's 3-Day Property Expo Kicks Off in Mumbai with Rs 10,000 Crore Worth of Inventory
Real Estate News:The National Real Estate Development Council (Naredco) Maharashtra chapter has organized a three-day property exhibition in Mumbai, where builders are marketing over Rs 10,000 crore worth of inventories in various projects across the state. The expo, which began on Friday, features a comprehensive range of properties, from affordable housing to luxury residences and premium land parcels, catering to diverse buyer needs.

More than 77 new projects were launched at the third edition of HOMETHON Property Expo 2024, which is being held at the Jio World Convention Centre in Mumbai. 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. “Against this backdrop, and with the added excitement of the festive season, this property exhibition is uniquely positioned to help home buyers achieve their long-cherished dream of owning a home,” he added. Rajan Bandelkar, Vice Chairman, Naredco said this property expo offers an exceptional opportunity for developers to showcase their premium projects and connect with prospective buyers. “With exclusive discounted rates and a wide range of options, this event is designed to make the home-buying process more accessible and rewarding for all.

Frequently Asked Questions

What is the total value of inventory being showcased at the Naredco property expo?

Over Rs 10,000 crore

How many new projects were launched at the expo?

More than 77

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

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

How many homebuyers have registered for the expo?

Over 75,000

What is the goal of the Naredco property expo?

To help home buyers achieve their long-cherished dream of owning a home

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