Day 1 sees Surge in Demand by Home Buyers at CREDAI Property Expo 2018
Bangalore, March 10th 2018: Several developers across Bengaluru participated in the CREDAI Property Expo 2018 at Kalyani Kala Mandir here today. The first day of the Expo offered a platform for home buyers to peruse through all property options that showcase the high standards of CREDAI. Home buyers came in huge numbers to the first day of the Expo with participation from over 22 plus developers and 5 financial institutions. As home buyers reposed their faith in the Real Estate sector, a few developers even saw bookings, giving the CREDAI Expo a positive start post the implementation of RERA and GST.
Speaking at the inauguration, Mr. K K Malpani, Founder Member, CREDAIBengaluru said, “Real estate is growing immensely in Bengaluru for the lastcouple of decades. Developers from across other cities have also startedforaying into Bangalore to establish their presence due to the hugedemand here. This is a single platform that brings together prospective buyers,builders with properties and financial institutions. Effective interactionensures that people get a good deal, some offers of which are also specific tosign-ons that happen at the Expo.”
Speaking on the Expo, Mr. Adarsh Narahari Secretary CREDAI Benaglurusays, “This is the first Expo by CREDAI – Bengaluru this year, which will givethe home buyers access to details on properties spread across Bangalore.Over the years, these Expos have grown in popularity and there is a huge demandfor it. The participation this year has been phenomenal, with over 100 developersacross Karnataka participating in the Expo.”
Mr. Bimal Hegde, Chairman, CREDAI-Bengaluru Expo Committee added, “Wehave always wanted to provide home buyers with good choice of qualityproperties. Our Expos have always got great response, buyers are now prospectiveand are actively looking to buy and this is the perfect time and place.”
Adding to the above, Mr. Anil Nayak, CEO, CREDAI – Bengaluru said, “Thislocation has always garnered good response from prospective home buyers. We arehopeful that more number of home buyers will drop in tomorrow as well as in thefollowing week on March 16th to 18th atWhite Orchid, Manyata Tech Park and March 17th and 18th 2018at Park Plaza, Marathahalli.”