Mumbai: India’s most trusted and exclusive property show in the MMR concluded its 30th edition after four successful days at MMRDA GROUND – BKC, Mumbai.
The 2022 event witnessed record sales from exhibitors and an unprecedented number of visitors making the expo the most successful edition to date.
Held under the patronage of CREDAI-MCHI – the apex body of MMR real estate, the expo grew, spanning 1 lakh square feet of exhibition halls, featuring over 100 real estate developers, and welcoming more than 60,000 participants looking for real estate investment opportunities across MMR.
The expo also witnessed many government officials, bureaucrats and ministers, thousands of channel partners, real estate enthusiasts, developers, and bankers representing some of the biggest industry names welcomed at the four-day property show.
The last two days of the events, organised over four days by CREDAI-MCHI, were full of pleasurable surprises for its visitors with live music and entertainment. The event’s last day also witnessed many key dignitaries, including the Governor of Maharashtra and Deputy Chief Minister of Maharashtra, visiting the exhibition. The 30th edition saw, for the first time, many international participants from Europe, America, and the Middle East.
DEPUTY CHIEF MINISTER OF MAHARASHTRA, DEVENDRA FADNAVIS expressed confidence that the demand for stamp duty reduction and the premium discount will be discussed in the next cabinet meeting. He complimented CREDAI-MCHI for bringing all the stakeholders under one roof and expressed happiness over hosting the IGR Department of Maharashtra at the EXPO and the home buyers’ overwhelming response to spot registration. The DCM has also taken note of the comparative analysis of premiums in various metro cities presented by CREDAI-MCHI.
GOVERNOR OF MAHARASHTRA, BHAGAT SINGH KOSHYARI said, “I’m happy that this exhibition was a unique platform for home buyers to prepone their home-buying decision, with many developers coming together under one roof with many lucrative offers.” He also requested the developers to come together to make Mumbai slum-free in the few years.
THE PRESIDENT OF CREDAI-MCHI, BOMAN IRANI stressed that the unprecedented success of the exhibition would never have been achieved without the patronage of critical stakeholders like the Government of Maharashtra, MMRDA, SRA and the whole developer fraternity and channel partners. We want to thank the Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnavis and Governor of Maharashtra for their continuous support for the overall development of MMR and their timely help for the real estate sector.
THE CHIEF OPERATING OFFICER OF CREDAI-MCHI, KEVAL VALAMBHIA said, “We have requested a 50 per cent discount on the current premium charges from both the Chief Minister and Deputy Chief Minister of Maharashtra. We are hopeful that the government will decide on this soon, especially because in the wake of the 50 per cent discount scheme during the pandemic, BMC has received a record sum of close to Rs 12,000 crore. All Municipal Corporations, the MHADA, and the SRA have benefited from the concessions and the building industry. This is a win-win situation for all stakeholders.”
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