Mangaluru: Addressing the media persons during a press meet held at Mangalore Press Club, D. B. Mehta , President, CREDAI-Mangaluru said, “CREDAI stages property shows annually as a brand building activity and to promote the members’ projects. This year CREDAI is holding a Realty Expo at Mumbai to cater to the South Kanara populace located at Mumbai for 3 days from 11/9/2015 to 13/09/2015 at the Buntara Sangha located at Kurla, Mumbai which is a known place for most of the South Kanara community”.
“With Mangalore now branded as smart city, it is poised for rapid growth and has the basic requisites to become a Global City. The proposed investments when taken into consideration would increase housing demand, improve job opportunities, generate new business opportunities, facilitate urbanization and improve lifestyle. The SMART City project if implemented right would be a boon for all the citizens and make their future bright. The city is blessed with an International Airport, Major Port and a very important railway station (which has already been identified and to be very soon converted into a world class railway station). The Smart City project would bring in an investment of Rs 1,000 Crore from the government to develop infrastructure that will enable different elements of Smart City”.
“The thousand crore which government would invest over a period of 5 years could result in investments of over Rs 20,000 crore into city based projects. Experts claim that barring the Smart City project there is approximately over Rs 30,000 crore projects already sanctioned towards industries in Mangalore, the work is already ongoing in some of the industrial projects. The cumulative investment when taken into consideration would increase housing demand, improve job opportunities, generate new business opportunities, facilitate urbanization and improve lifestyle” added DB Mehta..
Keeping in view the above positive development happening, CREDAI is staging a Property Expo at Mumbai to give an opportunity to the Mangalore and Udupi community living in Mumbai to purchase properties in their Home town. The Expo will be inaugurated by Chief guest by Shri. Prakash Mehta, the Honourable Minister for Housing, Mines and Labour, Government of Maharashtra; Karnire Vishwanath Shetty, President, Buntara Sangha, Mumbai; Adarsh B Shetty, President, AHAR, Mumbai; Sudhir V Shetty, MD, Charishma Builders, Mumbai will be the Guests of Honour. D.B.Mehta, President, CREDAI – Mangalore will preside over the function. Forty renowned Builders & Developers of Mangalore and Udupi and Premier Banks are participating in the CREDAI – Realty Expo 2015. CREDAI is very keen to provide the common man with affordable houses under the theme “HOME FOR ALL”.
Members present at the Press meet were Naveen Cardoza, Hon. Secretary, CREDAI – Mangalore, Vinod Pinto, Jt. Secretary, CREDAI – Mangalore, Lakshmish Bhandary, Committee Member, CREDAI – Mangalore and William D’Souza, Committee Member, CREDAI – Mangalore
About CREDAI :
Confederation of Real Estate and Developers Association of India (CREDAI) is the apex body for private real estate developers in India. CREDAI represents over 12000 developers through 23 State Associations’ across the country. Its numerous initiatives and activities help developers come together and work towards for better practices improve customer satisfaction level and a stronger realty industry. CREDAI links private real estate developers to the Government and customers.
CREDAI’ s success is in bringing the majority of unorganised private real estate developers under a single umbrella as a potent force that promises the rapid development of the realty sector as a major driver of India’s economic growth. CREDAI also updates its members about the latest industry data, technology advancements, industry benchmarks, & international situation from time to time. CREDAI –Code of conduct is adopted proactively by all its members and promotes ethical practices.
CREDAI – Mangalore & Udupi together has more than 100 active members who have developed hundreds of properties in and around Mangalore & Udupi. First time in Mumbai 40 renowned Builders of Mangalore & Udupi are showcasing their projects. CREDAI has given wide publicity to the Property Expo in order to attract the best of the crowds.