CREDAI announces 7th Edition of Hyderabad Property Show 2019
CREDAI, the Confederation of Real Estate Developers’ Associations of India, country’s apex body of private real estate developers, today announced the7th edition of the Hyderabad Property show 2019. Mr. Dana Kishore IAS , GHMC Commissioner,CREDAI senior leadership team comprising of Shri S. Ram Reddy, President CREDAI Hyderabad, Shri. P Ramakrishna Reddy, General Secretary CREDAI Hyderabad, Shri K. Rajeshwar, Treasurer, CREDAI Hyderabad along with Vice Presidents Shri Aditya Gowra, Shri G. Anand Reddy, Dr. M.S. Anand Rao, Shri. D. Muralikrishna Reddy and the Joint Secretaries ShriC G Murali Mohan, Shri. V. Rajshekar Reddy and a large number of developers, stakeholders and industry members attendedthe curtain raiser event. With a buoyant mood and vibrancy in Telangana the CREDAI Hyderabad Property Show 2019 will provide an ultimate platform to the home buyers who are planning to invest and buy their dream home in the rising city of Hyderabad.
CREDAI Hyderabad Property Show 2019 will be held from 15th to 17th February 2019 at Hitex, Hyderabad. The three-day property show will bring together all the member developers, material vendors, building material manufacturers, consultants and financial institutions from across the city to exhibit the advances in the real estate sector under a single umbrella. The exhibition will showcase properties suiting every requirement and budget by the developers providing consumers a chance to get the best options for home solutions in the twin cities. This year the property show will also feature the first ever B2B lounge for vendors can interact with leading developers in the city. The show is expected to have a turnout of over 1 lakh visitors this year.The event will present integrated townships, apartment complexes, gated communities, villas, green buildings with a special impetus on retail and commercial complexes. The show will see participation from over 100+ developers and different stakeholders from the financial and manufacturing sectors.
Speaking at the Curtain raiser for the CREDAI property show, Mr. S. Ram Reddy President, CREDAI Hyderabad, said,“The CREDAI Hyderabad Property Show is being aptly timed from 15th to 17th February 2019 to help the buyers identifythe best projects in the city under one roof. With our Hon’ble Chief minister of the getting a fresh term in the state of Telangana, we can expect the continuation of the proactive policies and initiatives driving growth and investments in the state. Hyderabad received an FDI worth $793 Mn. Approval of strategic Road Development Plan (SRDP) and other infrastructure projects connecting Hyderabad with its outskirts and rapidly developing Metro will serve as catalysts in development and growth. In the next term, we expect a faster pace for development and growth. According to CBRE Reports, the commercial segment and the residential segment in the city has witnessed robust growth due to being largely end-user driven. West Hyderabad has emerged as a key residential vector due to the availability of land parcels and proximity to workspace clusters.Hyderabad is expected to have office space absorption of approximately 7.5 million square feetthis year, its highest ever in a year, due to robust demand from IT/ITeS, BFSI and start-up companies driven mainly bytalent pool availability, conducive business environment and relatively lower rentals.”
Adding to this Mr. P Rama Krishna Rao, General Secretary, CREDAI Hyderabad, added, Hyderabad is getting a global prominence as a site for largest business establishments for MNC’s and a vibrant and rapidly growing local entrepreneurship ecosystem driving the growth and job creation in the city. Hyderabad, the warehouse sector in the city has been leveraging the strategic location to its full advantage GST implementation. In the year 2018 we have witnessed significant policy initiatives like the implementation of GST & RERA. Over the past few months we have adopted our business plans in line with these great reforms, driving the country towards a more conducive and transparent business environment. We are hopeful that the city is likely towitness a significant demand for housing in the coming few years. Against this backdrop, we are planning the 7th Edition of the most credible – CREDAI Hyderabad Property Show between 15thto 17th February 2019, which will be a golden opportunity for the customers to make the most of the present low property prices at Hyderabad. “