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CREDAI-MCHI, the apex body of the real estate industry of the Mumbai Metropolitan Region (MMR) conducted the 31st edition of India's Largest Property Expo across January 26th to 28th, 2024. The CREDAI MCHI Expo garnered a footfall of over 24,000 serious homebuyers. Participating builders were able to conclude sales of 185+ housing units, cumulatively selling inventory worth INR 350 crores over the span of three days. The Expo theme “Zero is our Hero” embodied the 6 percent discount being offered to buyer by way of excluding stamp duty and registration charges.
Conducted at the prestigious Jio World Convention Centre, the CREDAI-MCHI Property Expo offered participants a comfortable and luxurious viewing experience. The registration process was quick and easy, taking only a couple of minutes to finish up formalities. The organizing team has several assistants placed across key locations to guide people and provide useful information.
The exhibition was conducted over a long weekend, beginning with a public holiday. However, this did not dampen the mood with a footfall of over 10,000 people in the first two days itself. Some of the builders that had stalls at the Expo were Ajmera Group, Runwal Group, Raghav Group, House of Hiranandani, Puneet Urban Spaces, Jangid Group, Rustomjee, Veena Developers, Raymond Realty, Prestige Group, Adani Realty, Piramal Realty, PCPL, M Space Realty, A20 Realty, Ashwin Sheth Group, Ashar, Pride Group, UK Realty, Mayfair Housing, Dynamix Group, Platinum Corp, Bharma Corp from Pune, Dosti Realty, Marathon, Triyom Realty, Hubtown, Kanai Infra, MJ Shah, Solidago and Neelyog.
Financial institutions that participated in the Expo included SBI Homes, L&T Finance, ICICI Bank, Bank of Baroda, Axis Bank and more. Apart from offering zero stamp duty and registration charges, CREDAI-MCHI conducted lucky draws every hour with winners taking home as much as 1 lac rupees.
For entertainment, there was a wide variety of food options, with tea, coffee and snacks being offered at multiple locations. A clown was present over the weekend as a form of light-hearted entertainment for children accompanying their parents. A Punjabi Dhol and dancers were present on the last day, adding merriment and a sense of celebration all around.
The exhibitors offered a mix of residential, commercial, and plotted development projects at various stages of constructions. The teams present helped customers understand the benefits of their projects with the help of interactive AI and virtual tours. Apart from builders, government bodies such at MMRDA, MSRDC, CIDCO and a team from the Department of Registration and Stamps were also present to assist homebuyers and answer queries.
In conclusion, the 31st edition of India's Largest Property Expo by CREDAI-MCHI at the Jio World Convention Centre exemplified a resounding success. With over 24,000 serious homebuyers in attendance, the Expo facilitated the sale of 185+ housing units, amounting to a substantial INR 350 crores in transactions over three days. The event provided a luxurious and seamless viewing experience, complemented by quick registration and helpful assistance. The diverse participation of builders, financial institutions, and government bodies contributed to the event's comprehensive success, offering a promising outlook for the real estate industry.
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