Mangalore: CREDAI to host property expo on Sep 28, 29


Mangalore: CREDAI to host property expo on Sep 28, 29

Pics: Dayanand Kukkaje
Daijiworld Media Network – Mangalore

Mangalore, Sep 26: A two-day real estate exhibition will be held at TMA Pai Convention Hall on September 28, 29, with special rates for apartments on sale, said Pushparaj Rai, CREDAI president.

Addressing media persons at Hotel Deepa Comforts on Wednesday September 25, Jain said, "Recognized builders spread across Dakshina Kannada and premier banks will be setting up stalls at the realty expo for two days. Premier banks leading in housing finance will also set up stalls at the expo."

The CREDAI realty expo 2013 will be inaugurated by district in-charge minister B Ramanath Rai at 9.30 am on September 28 while urban development minister Vinay Kumar Sorake will light the lamp.

The other chief guests for the expo are minister for health U T Khadar, fisheries minister Abhaychandra Jain, MP Nalin Kumar Kateel, MLA J R Lobo, MLA Mohiuddin Bava, M N Rajendra Kumar, Capt Ganesh Karnik and MLC Monappa Bhandary.

Jain further said, "Approximately 250 apartments were sold during last year’s expo and this year we are expecting more. CREDAI has also made arrangements to give wide publicity to the Expo to attract maximum crowds. Customer will have a chance to win Hyundai i10 car as first prize, Honda Activa as II prize and 32 inch TV as III prize for spot booking of apartments. Public are requested to visit the exhibition to own apartments and avail benefits."

CREDAI is very keen to provide the common man affordable houses under the theme ‘home for all’ with green housing concept, he added.

K C Naik, chairman of Realty Expo, Vinod Pinto, treasurer of CREDAI, Ganesh Bangera, honorary secretary, committee member S M Arshad among others were present.


About CREDAI

The Confederation of Real Estate Developers' Associations of India (CREDAI) is the apex body for private real estate developers in India. CREDAI represents over 12,000 developers through 20 member associations across the country. Its numerous initiatives and activities help developers come together and work towards better practices, improve customer service and a stronger realty industry.

CREDAI links private real estate developers to the government and customers through numerous initiatives and activities. CREDAI's success in bringing the majority of organized private real estate developers under a single umbrella is a potent force that promises the rapid development of the realty sector—one that knows itself as a major driver of India's economic growth.

CREDAI also updates its members about the latest industry data, technology advancements, industry bench marks and international situation from time to time. CREDAI Mangalore chapter is headed by Pushparaj Jain and with Ganesh Bangera as honorary secretary.

CREDAI's code of conduct is adopted proactively by all its members and promotes ethical practices. Code of conduct is a document of principles that binds all CREDAI members. It is the most important founding stone of the association and has been included in the proposed Real Estate Regulatory Act. This document lists the guidelines and a mandatory set of laws that all members have to implement and abide by.

The aim of this code of conduct for developers, promoters and builders is to maintain the honour and dignity of developers, promoters and builders in general, to secure the spirit of friendly co-operation between the developers, promoters and builders and their customers for the promotion of highest standard of promotion, development and building activities and to establish transparency, and fair dealing between the developers, promoters and builders with their customers; and to establish a spirit of brotherhood within the associations of developers, promoters and builders to try and ensure that developers, promoters and builders discharge their responsibilities to the community in general.

The second Karnataka state CREDAI convention - 'StateCon 2012' held on August 25, 26, 2012 at the TMA Pai Convention hall in Mangalore was a successful event organized by CREDAI-Mangalore.

  

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Comment on this article

  • Naveen Shetty, Mangalore

    Thu, Sep 26 2013

    Real estate in Mangalore is overpriced and there should be a immediate correction in the Market so that it is affordable to common citizens.

    DisAgree Agree [28] Reply Report Abuse


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