MCHI's real estate exhibition from October 9

Mumbai, Oct 6, (UNI) The Festive season may change the real estate market scenario, hit by recent economic crisis, hoped organisers of the 13th real estate and housing finance exhibition, which is scheduled to be held here from October 9 to 12.

Altogether, 800 properties by over 85 real estate developers and 15 housing companies will be on display at Maharashtra Chamber of Housing Industry (MCHI) Property 2008 at the Bandra Kurla Complex.

MCHI Convenor Exhibitions Mr Harish Patel told mediapserons here today that, ''As the festive season starts many home buyers find this a perfect time to buy a new home and shift during the vacations as well. MCHI has constantly endeavored to bringing innovative ideas and concepts to the markets.'' MCHI Co-convener Mr Deepak Goradia said ''Today, with the property market buoyant and home seekers undecided whether to buy now or wait for the rates to fall, this property exhibition comes at an appropriate time.'' The main feature of the exhibition would be stamp duty waiver discount by five per cent to customers and other attractive discounts by select developers for home aspirants and booking their properties during the exhibition.

Yet another salient feature of the exhibition is that visitors to the exhibition can have their queries on various property matters answered and guidance given by the experts in their fields on issues as legal, home, finance and taxation.

Besides, during the exhibition, a number of commercial properties would be showcased by India's premier property developers. The exhibition is organized by MCHI and co-organized by the State Bank of India, the gold partners HDFC, ICICI Bank Home Loans, LIC Housing Finance and AXIS Bank. The silver partners are Reliance Consumer Finance, IDBI Bank and Schindler (i) Pvt Ltd.

Spread over an area of 25,000 sq meters consisting of 3 A/C halls, the exhibition will have leading property developers and housing finance institutions (HFIs) participating from Mumbai, Navi Mumbai, Thane, Pune along with other all India developers.

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