Simplifying Redevelopment: CREDAI-MCHI's Groundbreaking Exhibition
CREDAI-MCHI, the leading representative body of real estate developers in the Mumbai Metropolitan Region (MMR), recently organized a pioneering exhibition to facilitate ease of doing redevelopment in the region.
Real EstateRedevelopmentMumbaiMmrCredaimchiReal Estate MumbaiOct 01, 2024
'Ease of Doing Redevelopment'.
The exhibition, which was held at the MMRDA Grounds in Bandra Kurla Complex, brought together stakeholders from the real estate industry, government officials, and experts from various fields to provide a comprehensive understanding of the redevelopment process. The event was inaugurated by the Hon'ble Minister of Housing, Government of Maharashtra, and saw participation from over 50 exhibitors, including developers, architects, consultants, and financial institutions. According to the President of CREDAI-MCHI, '
The redevelopment of old and dilapidated buildings is a pressing need in Mumbai, and our exhibition aimed to simplify the process for all stakeholders involved. By bringing together experts and industry professionals under one roof, we hoped to provide a platform for knowledge sharing, networking, and business opportunities.' The exhibition featured a series of panel discussions, workshops, and seminars that focused on various aspects of redevelopment, including policy and regulatory frameworks, financial and tax implications, and architectural and design considerations. Participants also had the opportunity to engage with government officials and industry experts through interactive Q&A sessions.
CREDAI-MCHI is the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR). Established in 1982, the organization has over 1,800 members and is committed to promoting the interests of the real estate industry and its stakeholders. With the success of the 'Ease of Doing Redevelopment' exhibition, CREDAI-MCHI has demonstrated its commitment to facilitating the growth and development of the real estate industry in the MMR. As the region continues to grapple with the challenges of urbanization and infrastructure development, initiatives such as this exhibition will play a crucial role in shaping the future of the industry.
Frequently Asked Questions
What is CREDAI-MCHI?
CREDAI-MCHI is the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR).
What was the purpose of the 'Ease of Doing Redevelopment' exhibition?
The exhibition aimed to simplify the redevelopment process for all stakeholders involved by providing a platform for knowledge sharing, networking, and business opportunities.
Who participated in the exhibition?
The exhibition saw participation from over 50 exhibitors, including developers, architects, consultants, and financial institutions.
What topics were covered during the exhibition?
The exhibition featured panel discussions, workshops, and seminars that focused on various aspects of redevelopment, including policy and regulatory frameworks, financial and tax implications, and architectural and design considerations.
What is the significance of the exhibition for the real estate industry in the MMR?
The exhibition demonstrated CREDAI-MCHI's commitment to facilitating the growth and development of the real estate industry in the MMR, and initiatives such as this will play a crucial role in shaping the future of the industry.
Related News Articles
Century Textiles Rebrands as Aditya Birla Real Estate: A New Chapter in the Real Estate Sector
Since entering the real estate sector in 2016 under the Birla Estates brand, the company has focused on residential and commercial developments across various strategic locations.
Institutional Investment in Indian Real Estate Surges 46% to $1.15 Billion in 2024
Foreign investors pumped $4.3 billion into Indian real estate, making up 66% of the total inflow, according to Colliers India.
MicroMitti Raises Rs 90 Crore for Proptech Expansion and Real Estate Investments
MicroMitti, a leading proptech company, has secured Rs 90 crore in funding to fuel its growth and expand its real estate investments. The company has also launched its US arm, MicroMitti Inc., to tap into the international market.
India's Commercial Realty Sees Surge in Demand Despite Supply Crunch
Office space supply reduced 9.35 per cent year-on-year in 2024, while the demand increased by 21.9 per cent, highlighting a growing gap between supply and demand in India’s commercial real estate sector.
Blackstone and Sattva-backed REIT Files Draft Papers for ₹7000 Cr IPO
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).
Ahluwalia Contracts Stock Surges 8% Following ₹396 Crore Order from Godrej Properties
Ahluwalia Contracts' stock price witnessed an impressive 8% jump after the company secured a significant ₹396 crore contract from the prominent real estate developer, Godrej Properties. This major win is expected to boost investor confidence and drive further growth in the company.