CREDAI Coimbatore Chapter is hosting the 11th edition of its annual property exhibition – CREDAI FairPro between 13th and 15th September in Codissia Trade Fair Hall A. It is a platform for customers to get to know about the latest projects of Real Estate Developers from Coimbatore and surrounding areas like Tirupur, Erode, Salem, Madurai, Trichy, Chennai, Bangalore and Kerala.
With 100+ RERA certified properties, including Villas, Flats, Apartments and Holiday homes, 35+ Real Estate and 4 banks offering financial solutions, the customers have in front huge choices to pick. The price of apartment starts from Rs.8 lakhs and goes up to Rs. 5 Crore and above.
A press meet was held in connection with the fair. Surender Vittal, President; D.Abhishek, Chairman – Fair Pro and Rajiv Ramaswamy, Secretary, CREDAI Coimbatore addressed the press.
The Covai Mail spoke to Mr.Rajiv Ramaswamy, Secretary, CREDAI Coimbatore. He said people who are interested in knowing about houses and all kinds of real estate properties, those who wish to see properties and buy immediately or see and then decide to buy houses and ones who wish to invest in properties are welcome to visit this fair.
Talking about the securities this fair offers to buyers, he said one of the reasons why RERA has come into existence is because in some commercials, the actual product that is sold is different from the ones that were advertised to the customers.
The key aspect in RERA Certification is the product should precisely be what we say it would be. We at CREDAI have always stood by the concept of delivering what we say. All the products in CREDAI are RERA certified.
RERA oversees how the money a builder got as an advance payment from a customer is spent on developing that property in its every stage. So all the projects enlisted in this fair pro give an unmatched security to the money they spend. Rajiv said that customers from middle-class segment who account to 20% of the entire visitors in last year’s fair preferred properties like houses and villas under INR 30 Lacs.
So in this fair there are apartments that start at INR 8 lacs. Approximately 10,000 apartments of various stages (completed, under construction or now launching) are available. He said CREDAI Cbe expects a total sale between INR 150 to 175 crores.
The inauguration will be on 13.9.19 at 12 p.m. S.P.Velumani, Minister for Municipal Administration, Rural Development and Implementation of Special Programme will inaugurate the fair.