Chennai, July 8th, 2022: “PROPFAIR”, the 3-day mega property organised My Property Boutique a real estate classifieds website and real estate services provider was inaugurated jointly amidst a lot of fanfare today by Mr. S. Sivagurunathan President, CREDAI Chennai Chapter, Mr. R Radhakrishna CGM, SBI Chennai & Mr P Kruthivas, Secretary, CREDAI Chennai. The property show will take place for three days from July 8th to July 10th, 2022, at Chennai Trade Centre, Nandambakkam. The exhibition will witness with 57 + developers displaying nearly 400 residential projects with the price ranging from Rs 10 lakhs -to-Rs 10 crores.
All projects that are part of the PROPFAIR are approved and registered with TAMILNADU REAL ESTATE
REGULATORY AUTHORITY (TNRERA) assuring complete peace of mind to the homebuyers. The expo will cater to buyers from different segments with lucrative pricing and offerings across different house segments.
Speaking at the Inauguration, Mr S Sivagurunathan, President, CREDAI Chennai Chapter said, “The cost of construction materials has been on the rise due to rise in input costs, the home loans interests rate are also seeing the upward trend, so it is the right time to invest in property before the property cost see further rise in coming days. As per the latest CREDAI Survey, the number of residential units registered during 1st quarter this year was 2,924 units in Chennai which is a sign of recovery of the real estate sector in Chennai post the COVID pandemic, added Mr Sivagurunathan.
Speaking about PROPFAIR Mr. Neelesh Bora Founder & CEO My Property Boutique private limited said,” PROPFAIR has been riveting success since its inception and we hope this year’s edition will maintain a similar momentum and make it a bigger and better affair for real estate developers and home buyers and PROPFAIR will be an ideal platform for property buyers to make an investment in housing as the factors like competitive pricing, low home loan lending rates, and subsidy for affordable housing augur well for genuine homebuyers to explore multiple options made available during the property show” added Mr Neelesh
The banks that are participating in PROPFAIR” include, State Bank of India, PNB, LIC Housing Finance Ltd., and HDFC Bank respectively.