Real estate exhibit defies market slump

Published: Apr 14, 2013, 01:20 IST | A Correspondent |

The annual MCHI-CREDAI Property 2013 � the real estate and housing finance exhibition which ends in the city today, seems to have defied the odds.

Despite the recent slump in the market, the first three days of the exhibition saw thousands of visitors throng the MMRDA grounds to check over 15,000 properties on display.

And with leading home loan givers such as State Bank of India and HDFC Ltd being a part of the show, buyers queued up to get their doubts answered. The organisers told SUNDAY MiD DAY that a total of 102 developers including Ajmera Realty; Nahar Group, RNA Corp, Ekta World, India Bulls Real Estate, Hiranandani Constructions; Hubtown Ltd, Kalpataru, Kanakia Spaces, Lodha Group, Nirmal lifestyle, Rajesh Lifespaces and others took part in the event.

Commenting on the exhibition, leading real estate developer and Chairman MCHI-CREDAI Exhibition Committee, Bandish Ajmera said, “The remarkable evolution of the city’s development is reflected by its real estate development. It is at par with global standards.” 

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