MCHI–Credai’s property expo concludes in Mumbai

The four-day annual property exhibition by MCHI-Credaiconcluded at the BandraKurla Complex in Mumbai on Wednesday.

According to a release issued by MCHI-Credai, the theme for exhibition, ‘Buy Now’, encouraged property buyers to scout for opportunities and push the buying button on the occasion of GudiPadwa. The exhibition was flooded with numerous offers by developers ranging from easy financing schemes to flat cash discount attracting the buyers from all the strata of the society.

The extravaganza, the release said, saw an approximate footfall of 57,000 visitors spread across four days. The developers who participated in the exhibition generated a total on-the-spot business of Rs. 246 crore and a perspective business of Rs875 crore. Banks and financial institutes which participated in the exhibition recorded Rs. 270 crore of pre-sanction, claimed the release.

Dharmesh Jain, President, MCHI–Credai, said, “The 26th edition of MCHI-Credai’s exhibition has come to an end with the positivity and the upbeat mood that it started with. I hope our efforts in creating valve to the visitors have made their mark within this short period of the exhibition.”

The last day of the exhibition also witnessed the grand felicitation ceremony of the renowned architect and the Padma Bhushan recipient Hafeez Contractor. Hafeez appreciated all the developers with whom he worked across spectrum since his journey started in 1968.

Speaking on the occasion, TejasVyas, Chairman, Exhibition Committee, MCHI-Credai, said, “The exhibition turned out to be a highly successful one on all parameters. Enthusiastic participation by developers, banks, HFCs and other service providers made expo an ideal destination for all property seekers in Mumbai”.