GRAND INAUGURAION: CREDAI – MCHI MAHA Property Expo

The Biggest Home-Buying extravaganza witnessed grand Inauguration Ceremony amidst the presence of Who’s Who of the Real – Estate industry, Prominent Developers, Leading Banks and HFCs and the likes.

The venue MMRDA ground at BKC was the hub of activity with enthusiastic homebuyers thronging the venue for exploring best deals.

The Chief Guest of the occasion was Mr Gautam Chatterjee, Chairman, MAHA RERA and Ms Sussane Khan, Founder, The Charcoal project, Dr  Vijay Satbir Singh, along with Mr Rajeev Mishra, GM, SBI and Mr R Vaithianathan, MD, Tata Capital and Mr Mayur Shah, President, CREDAI-MCHI did the traditional lamp lighting.

Mr Gautam Chatterjee undertook a round of the exhibition and spent considerable time with many prominent stalls like SBI, Mayfair Housing, Marathon, Sanghvi Group, Romell Group and many more. He checked the housing projects on display at the Expo and was very impressed with the enthusiastic participation by developers, banks and HFCs like SBI, HDFC Bank, ICICI Bank, LIC Housing Finance and Tata Capital.

Mr Gautam Chatterjee also inaugurated the CSR Pavillion at the expo by Women’s Wing which depicted CREDAI-MCHI’s Clean, Green and Skilling initiative. The first sapling was handed over to Mr Chatterjee by Mr Subhajit Mukherjee, Founder, Mission Green Mumbai, along with CREDAI – MCHI Women’s Wing members. Mr Mukherjee gave free saplings to all visitors visiting the stall.

Besides, health camp and blood donation camp giving free health check – up to the visitors at the expo, was put up in association with Apollo Hospitals and Arpan Foundation. Many people were seen getting the health check-up done and donating blood.

Mr Chatterjee was very pleased with the professional and exquisite setting of stalls which are very attractive for property seekers. Other distinguished visitors to the Expo were Shri U.P.S. Madan, IAS, MMRDA Commissioner, Mr Debashish Chakravarty, IAS, M.D. Shivshahi Punarvasan Prakalp Ltd.

Shri Parag Alawani, BJP MLA was a special guest to the expo who evinced keen interest in the developers’ stalls and schemes offered by Banks & HFCs.
The post RERA Scenario was effectively encapsulated in an exclusive Panel Discussion conducted by prominent Gujarati Channel CNBC Bazaar with our President, Mr Mayur Shah,  Mr Nayan Shah and Mr Boman Irani.  

The highlight of the Inaugural Ceremony was High- Voltage Panel Discussions on various facets of RERA and its major implications for real – estate industry.  The Panel discussions were moderated by Ms Manisha Natarajan, Group Editor, Real-Estate & Development, Moneycontrol.com ( Network 18) amidst prominent panellists: Mr Mayur Shah, President, Mr Deepak Goradia, Vice President, Mr Amit Sadhwani, MD, Sai Estate, Mr Pankaj Kapoor, MD, Liases Foras and Mr Ritesh Vora. Some very fruitful deliberations turned out during these discussions which were relayed Live on Network 18 moneycontrol.com.  

Mr Nayan Shah, the President-Elect, shared his professional journey on how he built the highly successful Mayfair Empire which was highly inspiring to the audience present. Mr Tejas Vyas also shared his anecdotes on this experience of being a realtor in Mumbai who started from scratch and achieved great heights professionally. This was conducted in the highly charged atmosphere and the audience looked truly inspired.  

Addressing the august audience during the Inaugural session, Mr Mayur Shah, President, CREDAI – MCHI said, “Property Expo is a culmination of CREDAI-MCHI’s efforts to erect a platform for Industry players to do business, catching up with the festive mood of home-buyers.”

EXCLUSIVE COVERAGE: Hon’ble Chief Minister visits MAHA Property Expo
The Chief Minister of Maharashtra Shri Devendra Fadnavis graced the annual CREDAI-MCHI property expo on November 17, 2017, amidst the presence of the luminaries of the real-estate world.  

In his opening remarks at the annual CREDAI-MCHI property expo, Hon’ble Chief Minister Shri Devendra Fadnavis, said, “It is absolutely safe to buy a house at the MAHA Property Expo organized by CREDAI – MCHI as all the projects are MAHA RERA registered”

He congratulated CREDAI - MCHI for organising the magnificent exhibition which presents entire gamut of real estate industry in Mumbai and MMR along with the opportunity to explore various home finance options all under one roof. “People of Mumbai and MMR need the initiatives like Property Expo as buying a home is a lifetime investment and we Indians like to do a lot of research while making a purchase. EODB and Maha RERA have been a success not because Government has done it but because of your (developer fraternity) participation in it,” added Fadnavis

He stated that if we work in isolation, nothing is going to succeed. Associations like CREDAI – MCHI took up issues with Government to ease various approval procedures and since then every day we the government is improvising upon them. Today we are talking about ease of doing business among other cities of India; soon we will be competing with world cities.

The saying which goes for real estate industry:  When going gets tough, the tough get going. Toughness leads to endurance. “Demonetisation, RERA, GST have been your endurance test, now you will go northwards, just look up and landscape of Mumbai will change. From Government side, I would like to reiterate that I am aware that you still have lots of problems which I would like to troubleshoot. I still see you smiling in spite of all these problems, so keep smiling. That gives me the inspiration to solve them.  I am confident that real estate industry of Maharashtra will contribute most to the GDP in near future.” expressed CM.

Speaking on the occasion, Mayur Shah, President, CREDAI – MCHI,  said,  “ I would like to thank Hon’ble Chief Minister for implementation of MAHA RERA which is the great achievement for the State of Maharashtra. Maharashtra is the only state where complete implementation of RERA has happened and this is courtesy our dynamic Chief Minister. RERA Registration is completely online and no one had to visit RERA office even once. Last year industry grappled with Demonetisation, RERA and GST, this year we expect stabilisation to happen. Real – Estate industry will touch new horizons soon.  The objective of CREDAI-MCHI MAHA Property Expo currently happening in BKC is to providing complete housing solutions under one roof.”