Premiere organizations promoting the cause
of India’s real estate, aims participation of high profile NRI’s
and foreign investors
CREDAI and MCHI to Organise its Annual
Exhibition “PROPERTY 2005” in London & Dubai
Mumbai,
May 12, 2005:
The Confederation of Real Estate Developers Association of India (CREDAI)
today announced the launch of its prestigious annual exhibition - "PROPERTY
2005",
at London and Dubai in association with Maharashtra Chamber of
Housing Industry (MCHI). The exhibition, the second one in London,
aims at attracting investments from NRIs and other foreign investors
to explore the vast opportunities and wide range of housing and
commercial options available in the Indian real estate industry. The
exhibition had seen stupendous success last year at both the cities,
generating spot business of more than 28 crores, besides attracting
more than 8,500 visitors.
CREDAI’s
2nd Indian Real Estate & Housing Finance Exhibition, organized by
MCHI, will be held in London from 28-30 May at Earls Court, Olympia
Conference Centre, and the 4th Indian Real Estate & Housing
Finance Exhibition at Dubai will take place from 1st to 3rd
June 2005 at Renaissance Hotel.
Said
Mr. Ramani Sastri, President, CREDAI,
“NRI’s today are one of the most powerful and affluent class in
the global economic scenario and we are glad to provide these
interactive platforms, through our exhibitions that will help them
invest in Real Estate in India. These new edition of “PROPERTY
2005” exhibitions will be of a much bigger dimension vis-a-vis last
year and we are confident that the business generation will exceed our
expectations.”
CREDAI's efforts in bringing
NRIs and foreign investors and the real estate developers under one
roof resulted in last year's runaway success of both the annual
exhibitions in the cities of London & Dubai.
According to Mr. Nainesh
Shah, MCHI’s Chairman for International Exhibitions, “through
successive years, the exhibition has grown steadily both in terms of
business generation as well as in participation. Last years
“Property 2004” saw 19 builders and 3 housing finance Institutions
participating in London Exhibition. In Dubai a total of 45 Developers
and 5 housing Finance Institutions participated, which was the largest
participation from Indian Real Estate in any real estate exhibition
abroad.”
As
the organisers, CREDAI and MCHI ensure complete transparency and assurance to the customers throughout the entire
transaction and guarantee them the amenities and specifications as
promised during the deal.
About CREDAI
Confederation
of Real Estate Developers Association of India (CREDAI) - It is the
apex body representing associations of real estate and housing
developers from all over India. Its purpose is to promote housing and
real estate developments in an organized and cohesive manner and
provide a liaison with government bodies to effectively represent the
views and needs of the industry. It has more than 3000 members spread
over more than 17 states in India.
About MCHI
MCHI
is a member of CREDAI and India’s premier housing and developers
associations in India. Established
in 1982, in Mumbai, the commercial and construction capital of India,
MCHI has a membership of 450 leading developers who account for 90% of
the housing supply and Mumbai and its vicinity.
For
Further Information Contact: Vinay / Edriech @ Abacus ICC:
Tel: 022-22855689 / 90. email: vinay@abacusicc.net
