Starting from Friday 9th Dec in Khandeshwar, the CREDAI BANM Raigad property expo will continue for four days.
There will be a presentation of over 200+ projects from over 50+ developers.
Over the course of four days 9th-12th DEC, the organiser anticipates 75,000 potential house buyers to attend the event. This is CREDAI BANM Raigad’s sixth major real estate exhibition.
The Property Exhibition 2022 is going to be on the theme of “The City of Dream”.
Properties starting at Rs 19 lakh will be offered in this event, per the organiser, as Navi Mumbai is thought of as one of the locations for inexpensive residences.
Also according to the President of CREDAI BANM, Developers will emerge with developments ranging from Rs 19 lakh in the inexpensive segment to Rs 3.5 crore for luxury clients.
Developers are going to present many projects with location benefits and pricing which is beneficial for any perspective who is looking forward to buying property in 6 months or in the year.
All exhibitors will have a great chance to speak with potential customers face-to-face at the event.
Developers will showcase gated community projects to township projects from affordable to luxurious segments.
Features Of Property Expo 2022
Home purchasers will be able to spot-register property on the same day using a special e-registration platform put up by the IGR Department of the Maharashtra Government.
Also, 10+ top bank representatives such as SBI, Bank Of Baroda, HDFC, and more will be present at the exhibition, so you will be able to check your home loan eligibility as well if you carry your documents.
The organisers have arranged one lucky draw as well on the last day of the exhibition where the winner will get a brand-new car and the latest Mobile.
Housing in the budget sector will be accessible in Panvel, Khopoli and Karjat.
Meanwhile, developers stated that after the Covid crisis, there was a rise in demand for larger homes.
Developers are anticipated to create a number of lavish complexes, as CIDCO allocated significant land in the Panvel region through auction.
The precedent of CREDAI BANM added, “The eagerly awaited property festival had to take a two-year gap due to the Covid-19 outbreak, and it is currently in its 6th season. As a result, this time, we transformed the expo into a massive gathering of all stakeholders where, for the very first time in Navi Mumbai, developers, homebuyers, channel partners, bankers, and other government organisations are converging under one roof.”
The increased Navi Mumbai property sale in Q2 2022 is a result of increasing demand for this region.
In various city nodes, about 7800 residential units were sold last year. However, the home market is already improving in 2022, and by the end of the year, sales should have risen by almost 19 per cent.
More and more buyers are coming forward to buy Under construction as well as Ready to move homes since the Maharashtra government lowered the Stamp duty and registration rates on real estate sales from 6% to 3%.
The market situation is projected to improve throughout the end of the year as all these things come together.
Homebuyers will get a one-of-a-kind chance to select from a range of offers from various developers at the CREDAI BANM Raigad Property Expo, further encouraging them to purchase their dream home.
In terms of policy, the government’s aid for housing, particularly in the low and mid-range price ranges, which have been major factors in driving sales and new product launches, might build momentum after the end of the year.
