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MCHI Property 2009 exhibition evokes good response

Highlights of the MCHI Property 2009 exhibition

Bienu Vaghela

21 Apr 2009

With over 70,000 people visiting MCHI property 2009 exhibition held during April 9-12, 2009. The highlight of the event was that housing finance Institutions (HFIs) received high number of loan enquiries despite much reported slump in the property sector.

As many as 80 plus developers displayed their 1200 projects at the latest edition of Property 2009 exhibition organized by Maharashtra Chamber of Housing Industry (MCHI), India's premier association of real estate builders and developers. The exhibition was well-attended affair and when it concluded on Sunday April 11, it seemed all roads led to MMRDA grounds of Bandra Kurla Complex (BKC), Mumbai. The visitors were also reported from neighboring states of Gujarat and Maharashtra as well.

As ever this largest real estate and housing finance exhibition, organized bi-annually by the MCHI, is home to wide ranging property solutions. Property options offered here varied from most demanding Affordable houses, Lifestyle Residential Apartments, Budget Properties, Second homes and commercial properties which ranged from 5 Lacs to 5 Crores. Hence there was something for everyone.

Speaking on the exhibition, Mr. Pravin Doshi, President, MCHI said, We would like to advice the buyers that, this is the right time to buy the property and they should not miss the great opportunity to buy their dream home.

Mr. Harish Patel Convenor Exhibitions, MCHI adds, It has been our (MCHI) constant endeavor to give value additions to home seekers visiting our exhibition, and it has been satisfying to note that these exhibitions have given and made a difference in the lives of many who have found their dream home here.

Whether you are a first time home buyer, or have been purchasing real estate on a regular basis, you will see we have brought together an ideal set of offerings from across the industry: luxury homes, budget homes, homes in the heart & centre of the Island City, in the suburbs and even in the peripheries of Mumbai. Also to guide you and help you find answers to the all important home finance matters, we have participation by HFIs, Banks, Price Comparison Search Engines and other service providers, said Mr. Deepak Goradia Co-convenor Exhibitions, MCHI.

Property 2009 is organized by MCHI and co-organized by State Bank of India; the Platinum Partners were LIC Housing Finance Ltd. and ICICI Home Finance Company Ltd. and Silver Partner HDFC Bank. The mega housing exhibition offered opportunity to the prospective buyers with various Home loans options from leading HFIS / Banks like Bank of India, Citibank, Dewan Housing Finance Corporation Limited, IDBI Bank, IDBI Home Finance Ltd. and others.

The Apna Paisa stall evinced keen interest amidst visitors due to its attractive display of panels displaying almost all the facets of home loan process. The highlight was the Comparators which attracted visitors in large numbers. Almost all the visitors were delighted, the way solutions were offered by our team to their queries.


Commenting on the success of the exhibition, Mr. Pravin Doshi, President MCHI said, We are encouraged by the response to the exhibition. The attendance of first time home seekers on all four days and their interest in the property show indicates the buyers are now convinced that this is the right time to buy the property in Mumbai and the state. 


Mr. Deepak Goradia, Co-convenor, MCHI Exhibitions said, Property 2009 exhibition once again proved that there has been growing demand for housing in the country's commercial capital, Mumbai and its suburbs. The home buyers have turned up in good numbers despite the rising mercury.   


Mr. Harish Patel, Convenor Exhibition, MCHI, We are happy with the encouraging response to the Property 2009 exhibition and are sure that these are the signs of revival of overall economy in the next few months.


About MCHI


Maharashtra Chamber of Housing Industry (MCHI), formed in 1982 has now become the most prominent body of real estate builders and developers bringing together members dealing in real estate and construction industry on one common platform to address issues facing the industry. Members of MCHI account for providing more than 80 % or 90% of residential accommodation in Mumbai and its vicinity and help both the Central and State governments in meeting their objectives or providing shelter. MCHI works towards raising awareness among the general public, real estate and construction industry while providing them with exhaustive information on projects and new developments in and around Mumbai. With over 400 well-recognised and reputed member builders, developers MCHI is affiliated with leading industry associations like FICCI, IMC and CREDAI.