The real estate landscape is set to witness an unprecedented event as the Confederation of Real Estate Developers’ Associations of India (CREDAI) gears up to host FAIRPRO 2023, a three-day extravaganza showcasing an array of enticing home deals. Scheduled to take place from the 11th to the 13th of August at Codissia Hall E, this event aims to revolutionize the home-buying experience. A press meet regarding the announcement of the event was held today in the presence of Gugan Ilango, President, Aravind Kumar, Secretary, Abishek, Vice President and Mohamed Shafi, FAIRPRO Convenor, of CREDAI Coimbatore, and Inbarasu, Regional Manager of SBI, Coimbatore.
What makes FAIRPRO 2023 stand out is the introduction of the “Festival of Home Deals.” Under this unique initiative, leading developers have come together to offer a range of exclusive deals on properties, including apartments, villas, and plots. Riding high on a buoyant market and robust bank support, these offers are poised to deliver unparalleled benefits to potential homeowners.
A key highlight of this year’s event is the “Refer a Friend” program, designed to turn dreams into reality. By referring friends to FAIRPRO, attendees have the chance to earn a substantial cash reward of Rs. 25,000/- for every successful referral converted during the event. This innovative program is seamlessly integrated into the digital sphere, utilizing WhatsApp AI bots and QR Codes to ensure a transparent and seamless process.
The grand inauguration on August 11th, featuring Muthusamy Avl, Minister of Housing and Urban Development, as Chief Guest, sets the stage for what promises to be a game-changing event. As an endorsement of its prestige, State Bank of India has taken on the title sponsorship, while Canara Bank assumes the Gold Sponsorship, solidifying the banking sector’s support for this transformative property fair.
With 25 esteemed developer participants showcasing a diverse range of 75 projects, each presented in engaging 10-minute segments, FAIRPRO caters to a wide spectrum of preferences, from villas and apartments to plots. A strong representation of 6 banks further streamlines the financing process, offering attractive deals and competitive rates.
Gugan Ilango, President said, “We will display only RERA registered or exempted projects and also RERA registered layout. There are many guidelines in rera which is centric towards customers and we support that to protect customers. We also signed a mode of conduct that we won’t violate and we’re making sure we’re not violating’
Gugan Ilango, President, stated, “We will exclusively showcase projects that are RERA registered along with RERA registered layouts. The RERA guidelines, which are customer-centric, are of paramount importance to us, and we are fully committed to upholding them in order to safeguard the interests of our customers. We have also willingly signed a code of conduct that underscores our commitment to strict compliance and ensures that we do not deviate from these principles.”
Mohamed Shafi, Convenor of FAIRPRO, commented, “The event presents the Lowest Best Price, with some builders offering discounts up to 50 lakhs. We’re showcasing homes ranging from 10 lakhs to 9 crores, with inter-state concessions adding to the appeal. Builders are rolling out unique schemes, from appliances to price reductions, making homeownership accessible to all. The introduction of SBI’s composite loans, covering homes and lands, is truly groundbreaking.”
Inbarasu, Coimbatore SBI Regional Manager, stated, “Immediate spot sanctions will be provided for this approved project. Also, SBI offers discounted cibil scores of up to 0.15%. SBI’s commitment is further underscored by 50% waivers in processing charges and simplified resale property loans.”