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.

Real EstateProperty ExpoMumbaiMaharashtraNaredcoReal Estate MaharashtraOct 04, 2024

Naredco's Maharashtra Chapter Hosts 3-Day Property Expo in Mumbai, Showcasing Over Rs 10,000 Crore Worth of Real Estate
Real Estate Maharashtra:The National Real Estate Development Council (Naredco) Maharashtra chapter is hosting a three-day property expo in Mumbai, showcasing over Rs 10,000 crore worth of real estate. The expo, which began on October 4, 2024, at the Jio World Convention Centre, features over 77 new projects launched by builders across the state. The inventory on display includes a comprehensive range of properties, from affordable housing to luxury residences and premium land parcels, catering to diverse buyer needs.

According to Prashant Sharma, President of Naredco Maharashtra, 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. Sharma also 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.

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.

Information Naredco is a leading real estate industry body that aims to promote and support the development of the real estate sector in India. The Maharashtra chapter of Naredco is one of the most active and prominent chapters of the organization, working closely with the state government and other stakeholders to promote the growth of the real estate industry in the state.

The National Real Estate Development Council (Naredco) is a leading real estate industry body that aims to promote and support the development of the real estate sector in India. Established in 1998, Naredco has been working closely with the government and other stakeholders to promote the growth of the real estate industry and address the challenges faced by the sector.

Frequently Asked Questions

What is the purpose of Naredco's property expo in Mumbai?

The purpose of Naredco's property expo in Mumbai is to showcase over Rs 10,000 crore worth of real estate and provide a platform for developers and buyers to connect.

How many new projects were launched at the expo?

Over 77 new projects were launched at the expo.

What is the initiative of ‘Redevelopment Council’ launched by Naredco Maharashtra?

The initiative of ‘Redevelopment Council’ launched by Naredco Maharashtra aims to facilitate a complete advisory and execution of redevelopment proposals made by housing societies.

What is the current state of the housing market in India?

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

What is Naredco's vision for the real estate industry?

Naredco's vision is to make home ownership a reality for many and support the growth of the real estate industry in India.

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