The Times of India 16.02.2013
Property prices rise by 15-20% in city: Credai VP
INDORE: A three-day property fair organised by Confederation of Real Estate
Developers’ Association of India (Credai) began in the city on Friday.
Talking to media, vice president, Credai, Leeladhar Maheshwari, said,
“More than 50 big real estate firms of the city are participating in the
show. Also private banks are directly providing finance to the home
loan aspirants during the event.” A similar fair was held in 2011 also.
Property prices in the city have almost increased by 15-20% over the last six months, feel the people related to the industry.
Senior manager, IBD, Sai Prasad, said, “The price of flats in the
eastern area of the city have gone up by Rs 200 to Rs 1951 per sq ft
over past six months and it was likely to go up to Rs 2100 over next six
months”.
Senior sales executive of another real estate firm,
Arpit Trivedi, said, “The property prices have gone up by Rs 200 on
bypass over past few months to Rs 2400 per sq ft.”
The visitors
were happy to get a plethora of residential options along with
attractive offers and deals on their favourite properties and with the
lucky draw, they even got a chance to win loads of mega prizes. The main
sponsor of the show, Axis Bank presented exclusive offers and had a spot home loan section made available for the visitors. Eagle Techsec Communications, Lotus Electronic supermarket and Polycab Cables & Wires Company are the supporting partners.
City mayor, Krishnamurari Moghe, appreciated the united efforts of Credai
members for putting up a big scale show by saying, “I feel immense
pleasure that for the second year of the show I have got a chance to be a
part of it and I believe it will be a huge success. The show promises
to bridge the gap between the builders and the buyers. Shows like this
will surely give Indore a national recognition and the builders of the
city are a vital part of the overall infrastructural growth that the
city has attained.”
Vice president, home loans at Axis Bank, K
Praveen Prakash, said, “I feel proud to be associated with a show of
this grandeur, a show that’s truly of an international level where we
can interact and get in touch with our customers. The customers are
indeed very delighted to get attractive schemes and spot home loans from
us.”
“Show is now a big brand, one that people look forward to
every year and one that brings all types, sizes and budget properties
under a single roof, making it way too easier for customers to buy their
dream property, said secretary, Credai Indore , Sandeep Shrivastava.
Vijay Mirchandani, chairman, Credai Indore, commented, “Credai India has
a staggering total of over 8,000 active builder members across India.”
Developers’ Association of India (Credai) began in the city on Friday.
Talking to media, vice president, Credai, Leeladhar Maheshwari, said,
“More than 50 big real estate firms of the city are participating in the
show. Also private banks are directly providing finance to the home
loan aspirants during the event.” A similar fair was held in 2011 also.
Property prices in the city have almost increased by 15-20% over the last six months, feel the people related to the industry.
Senior manager, IBD, Sai Prasad, said, “The price of flats in the
eastern area of the city have gone up by Rs 200 to Rs 1951 per sq ft
over past six months and it was likely to go up to Rs 2100 over next six
months”.
Senior sales executive of another real estate firm,
Arpit Trivedi, said, “The property prices have gone up by Rs 200 on
bypass over past few months to Rs 2400 per sq ft.”
The visitors
were happy to get a plethora of residential options along with
attractive offers and deals on their favourite properties and with the
lucky draw, they even got a chance to win loads of mega prizes. The main
sponsor of the show, Axis Bank presented exclusive offers and had a spot home loan section made available for the visitors. Eagle Techsec Communications, Lotus Electronic supermarket and Polycab Cables & Wires Company are the supporting partners.
City mayor, Krishnamurari Moghe, appreciated the united efforts of Credai
members for putting up a big scale show by saying, “I feel immense
pleasure that for the second year of the show I have got a chance to be a
part of it and I believe it will be a huge success. The show promises
to bridge the gap between the builders and the buyers. Shows like this
will surely give Indore a national recognition and the builders of the
city are a vital part of the overall infrastructural growth that the
city has attained.”
Vice president, home loans at Axis Bank, K
Praveen Prakash, said, “I feel proud to be associated with a show of
this grandeur, a show that’s truly of an international level where we
can interact and get in touch with our customers. The customers are
indeed very delighted to get attractive schemes and spot home loans from
us.”
“Show is now a big brand, one that people look forward to
every year and one that brings all types, sizes and budget properties
under a single roof, making it way too easier for customers to buy their
dream property, said secretary, Credai Indore , Sandeep Shrivastava.
Vijay Mirchandani, chairman, Credai Indore, commented, “Credai India has
a staggering total of over 8,000 active builder members across India.”
