#CREDAI Hyderabad Property Show Grand Success
RegNews, Hyd: CREDAI, the Confederation of Real Estate Developers’ Associations of India, the country’s apex body of private real estate developers, successfully organised the 11th Edition of the Hyderabad Property Show from 29th April to 1st May 2022 The closing ceremony for the event was held in the presence of M. Stephen Raveendra, IPS, Commissioner of Cyberabad, along with the CREDAI senior leadership team comprising of P. Rama Krishna Rao, President, V. Rajashekar Reddy, General Secretary, Vice Presidents G Anand Reddy, K Rajeshwar, N Jaideep Reddy, B Jagannath Rao, Treasurer Aditya Gowra, and Joint Secretaries Shivraj Thakur and K. Rambabu, along with other committee members, member developers and representatives of several suppliers and financial institutions.
The CREDAI Hyderabad Property Show 2022 was a three-day event held at Hitex, Hyderabad. The event saw a massive footfall of over 50,000 visitors, where prospective home-buyers visited the Property show to select their dream home from 60 large-sized stalls displaying numerous RERA Approved projects including apartments, villas, open plots, and commercial spaces. The sales teams at all the stalls were busy explaining the projects to the visitors and encouraging people to visit the site and finalize their purchases. Some developers also rolled out incentives for spot closure. The developers were excited with the turnout at the property show and overwhelmed by the response received.
RE CONNECT – A knowledge sharing session, an initiative by CREDAI Youth Wing was introduced in the 11th edition of CREDAI Hyderabad Property show 2022. The modern approaches to design in residential projects were discussed by Harvey Male, Principal architect at BUCHAN Architects, a veteran in master planning and the design of large integrated projects. The developer community actively engaged with Mr. Harvey for insights to design projects in the Indian context.
Speaking on the occasion, P. Ramakrishna Rao, President, CREDAI Hyderabad, said, “We have received an overwhelming response to the 11th edition of the CREDAI Hyderabad Property show. Participant developers have had spot closures and generated a large number of leads for closure, way beyond the expectation. This vibrancy can be attributed to the development and proactive governance in the state under the guidance of our Chief Minister, K Chandrashekar Rao. The Housing and Office-space have attained a natural progression of this growth and the developers are gearing up to meet the forecast increase for the spaces. The homebuyers should make the most of the current environment to purchase the dream home before the prices escalate exponentially.”
Furthermore, V. Rajashekar Reddy, General Secretary, CREDAI Hyderabad, said, “CREDAI has always been the most credible body for investment property development, especially during the last few years. The CREDAI Hyderabad property show witnessed wonderful reception by people who were in search of the perfect location for their residential and commercial requirements. The massive number of attendees during all three days of the event has reinstated the fact that the Hyderabad real estate market is a vibrant space that has not seen a dip in property value in the last 7 years. The massive growth and investments attracted by the city due to the policy framework and continuous efforts by the state government will only catapult the real estate prices in the coming months. As advised by the Hon’ble minister KT Ramarao, we will be working with our members to explore opportunities in the upcoming industrial clusters in the state. We urge homebuyers to make the most of the RERA-approved projects on display at the property show and choose their home before the prices increase significantly, as Hyderabad still has the most reasonable price of property amongst the 7 metros.”
