365telugu.com online news,Hyderabad, 15th April, 2022;CREDAI, the Confederation of Real Estate Developers’ Associations of India, the country’s apex body of private real estate developers, announced the dates for the 11th edition of the Hyderabad Property show 2022. CREDAI Hyderabad Property Show 2022, the most credible property show, will be held from April 29th to 01st May, 2022 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. The event will present only TS-RERA-approved integrated townships, apartment complexes, gated communities, villas, green buildings with a special impetus on retail and commercial complexes, open plots etc. along with the participation of large number of banks & financial institutions.
The organizers expect this edition will be more significant and more popular as this is the first edition after the pandemic. The need and demand for suitable homes has increased. So, the three days event will be a strong step to take off to the coming days of the industry.
Mr. P Ramakrishna Rao, President, CREDAI Hyderabad, said, “The real estate sector in the vibrant city of Hyderabad has been robust and growing rapidly. The past two years were challenging for everyone. Hyderabad has emerged as a major centre for IT/ ITeS sector due to a rich talent pool, rapidly evolving culture that welcomes people to make the city their home. Besides, the stable and proactive government introduced innovative policies like TS-iPASS and forward-looking Industrial Policy that encourages several marquee international companies to set and grow the industrial base in the city. The average age of people investing in real estate currently is 35 years, significantly lower than the trend in the past few decades where the demography of the buyers was over 50 years of age. Even the demand for the size of the apartments is gradually increasing as the Pandemic has forced a hybrid work culture. This is largely facilitated by the record low rates of interest on home loans and improved affordability due to stable real estate prices. To facilitate buyers, we are planning the CREDAI Hyderabad Property Show 2022 from April 29th to 1st May 2022 at Hitex, to help the buyers identify the best TS-RERA approved projects in the city under one roof.”
Adding to this Mr. V. Rajashekar Reddy, General Secretary, CREDAI Hyderabad said, Hyderabad is a preferred global destination for business, particularly for largest business establishments for MNC’s and a rapidly growing local entrepreneurship ecosystem driving the growth and job creation in the city. Due to the proactive and industry-friendly policies of the Government of Telangana, large corporates such as Apple, Amazon, Microsoft, Facebook, Infosys, Google, TCS, Deloitte, IBM, and many more are located and expanding their bases in the city. In the near future, the city will be home to 3 datacentres with an approx. investment of Rs. 20,761 Crores by Amazon Data Services, A smart data centre by National Payments Corporation of India (NCPI), a Global shared services center by Goldman Sacs, Fiat Chrysler Automobiles (FCA) investing USD 150 Mn for their new Global Digital Hub in the city generating over 1000 jobs, besides Cybersecurity focused organization Cotelligent-a TechDemocracy company setting up a Cyber Warrior centre of excellence to train over 1000 cyber warriors from Hyderabad, the Pharmaceuticals and Healthcare companies at Pharma city, Genome Valley and many more generating employments leading to the spurt in demand for Housing.
In spite of the present global crisis and the pressure of price increase due to higher input cost of the raw materials, the price for the properties in Hyderabad is still reasonable as compared to other cities with comparable development and infrastructure. However, the price increase is on the anvil, so we urge the prospective home buyers to make the most of the present low prices of real estate and chose the property at the most credible CREDAI Hyderabad Property Show 2022 displaying only TS-RERA registered projects from member developers @ Hitex between 29th April and 1st May 2022.”