BANGALORE, July 12, 2013 /PRNewswire/ --
CREDAI Bengaluru, in its endeavor in projecting the properties of its member developers is coming out with the second back to back exhibition during this weekend on Saturday 13th and Sunday 14th July 2013 at Hotel Park Plaza, outer ring road, Marathahalli, Bangalore.
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CREDAI Bengaluru is conducting this exhibition back to back for the first time with 37 developers along with 9 bankers exhibiting their projects / products at this venue from 10 am to 8 pm.
This property show will be inaugurated on Saturday 13th July 2013 at 8.30 am.
While inaugurating the last week's exhibition at Hotel Lalit Ashok on 06th July 2013, R. Nagaraj, President, CREDAI Karnataka expressed that the price of the properties in Bangalore is likely to go up due to various factors, such as re-valuation being done by Government Departments, revision in registration charges, imposing of additional tax, shortage of building materials such as steel, sand, cement and in their cost escalation, Non-availability of skilled manpower, etc. and appealed to the citizens to come forward to book their dream homes, as prices will go up in the near future.
R. Nagaraj also expressed that CREDAI Bengaluru is exploring new destinations for organizing this type of exhibitions which will be closer to the projects of our developers. This will be an added advantage to the prospective home buyers to visit the property show as well as the nearby projects. He Also Mentioned that the Depreciating rupee value will be appealing to NRIs for Investment in properties like Bangalore
Suresh Hari, Secretary, CREDAI Bengaluru feels that Bangalore market has been stagnant in price and there is no chance of these prices coming down. The home buyers should take a call as early as possible to fulfill their dream of buying their dream home.
During the Property show held last week end on Saturday 06th and Sunday 07th July 2013 at Hotel Lalit Ashok, around 3600 visitors took part and the response has been very positive. The Visitors were very keen and serious in going around different stalls and inquiring new projects to suit their budget says Anil Nayak, CEO, CREDAI Bengaluru.
About CREDAI Bengaluru
- CREDAI Bengaluru is an apex body of credible real estate developers, operational in Bengaluru for three decades.
- The Confederation of Real Estate Developers' Association of India - CREDAI Bengaluru is an organization with its presence for 30 years in Bangalore and having 216 reputed developers as its members in the city and 450+ developers across the state. CREDAI's presence is in 21 states and 130 cities across India, having overall membership of more than 9000.
- CREDAI Bengaluru safeguards the interests of real estate developers and builders while protecting the rights of buyers and home owners.
- CREDAI Bengaluru gives voice to its members and is responsible for communicating with Government agencies, trade bodies and other authorities on issues directly affecting the sector.
Website: http://www.credaibengaluru.com
Primary Media Contact: Anil Nayak, [email protected], 91-9964591155
Secondary Media Contact: Sandeep Achar, [email protected], 91-9964592255
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