6th edition of CREDAI Hyderabad Property Show inaugurated
Hyderabad : CREDAI, the Confederation of Real Estate Developers Associations of India, apex body Real estate developers , has announced the 6th Edition of the Hyderabad Property Show 2018 at Hitex Exhibition Center, Madhapur.
The three-day property show with the theme “Hyderabad Rising" from 2nd to 4th March was inaugurated by Finance Minister Etela Rajendar and Panchayat Raj & Rural Development Minister Jupally Krishna Rao in the presence of S. Ram Reddy, President CREDAI Hyderabad and other officials.
The CREDAI property show is much larger and grander this year and aptly reflects the rising stature and brand of “Hyderabad”. The real estate market is on upswing and the overall market sentiments are positive. The CREDAI Hyderabad property show is scheduled from March 2nd to March 4th. This is the Biggest ever property show bringing together more than 120 developer members, who have earned a reputation of integrity and transparency amongst the customers and investors from across the city, displaying the largest number of properties under one roof. The event will showcase over 15,000 projects including integrated townships, apartment complexes, gated communities, villas, green buildings along with financial institutions and suppliers with a special impetus on retail and commercial complexes.
The exhibition will showcase properties suiting every need and budget by the developers providing consumers a chance to get the best options for home solutions in the twin cities. The Property show will show diverse offerings from value to luxury and will also introduce exciting offers from developers. Apart from the Display of properties, CREDAI Hyderabad Property show will also have Live Panel discussions on topics related to different aspects impacting the real estate sector & the growth of the city. More than 50,000 visitors are expected to visit The CREDAI Hyderabad Property Show this year.
Speaking on the occasion Ram Reddy said, “CREDAI Hyderabad is looking forward for the great year for the real estate sector in Hyderabad. Hyderabad has seen rapid urbanization with Hyderabad Metropolitan Region offering the best quality of living among cities in India and is a leader in Human Development Index. This city is a preferred destination for most of the IT & ITES organizations, Gaming and Animation industry besides the health care sector.
According to CBRE estimates, the city’s overall commercial stock is about 56 million sq. ft as of 2017 with leasing of over 6.8 million Sqft of commercial space in 2017, organized retail space of 2.9 million sqft with over 3.7 million Sqft to be released in next few years. This will definitely translate into higher demand for residential Complexes. For the benefit of the end users the property prices at Hyderabad are the lowest when compared to cities with comparable development and infrastructure. The CREDAI Hyderabad Property Show is being aptly scheduled from 2nd to 4th March to help the buyers find the best projects in the city under one roof with attractive finance options and promotional schemes from the developers. We hope the prospective home buyers will make the most of the current low prices and pick up their dream home, before the increase in price of real estate.”