Credai and MCHI to Organise its Annual Exhibition “Property 2005” in London & Dubai

Premiere organizations promoting the cause of India’s real estate, aims participation of high profile NRI’s and foreign investors
 
CREDAI and MCHI to Organise its Annual Exhibition “PROPERTY 2005” in London & Dubai
 
Mumbai, May 12, 2005: The Confederation of Real Estate Developers Association of India (CREDAI) today announced the launch of its prestigious annual exhibition – “PROPERTY 2005”, at London and Dubai in association with Maharashtra Chamber of Housing Industry (MCHI). The exhibition, the second one in London, aims at attracting investments from NRIs and other foreign investors to explore the vast opportunities and wide range of housing and commercial options available in the Indian real estate industry. The exhibition had seen stupendous success last year at both the cities, generating spot business of more than 28 crores, besides attracting more than 8,500 visitors.
 
CREDAI’s 2nd Indian Real Estate & Housing Finance Exhibition, organized by MCHI, will be held in London from 28-30 May at Earls Court, Olympia Conference Centre, and the 4th Indian Real Estate & Housing Finance Exhibition at Dubai will take place from 1st to 3rd June 2005 at Renaissance Hotel.
 
Said Mr. Ramani Sastri, President, CREDAI, “NRI’s today are one of the most powerful and affluent class in the global economic scenario and we are glad to provide these interactive platforms, through our exhibitions that will help them invest in Real Estate in India. These new edition of “PROPERTY 2005” exhibitions will be of a much bigger dimension vis-a-vis last year and we are confident that the business generation will exceed our expectations.”
 
CREDAI’s efforts in bringing NRIs and foreign investors and the real estate developers under one roof resulted in last year’s runaway success of both the annual exhibitions in the cities of London & Dubai.
  
According to Mr. Nainesh Shah, MCHI’s Chairman for International Exhibitions, “through successive years, the exhibition has grown steadily both in terms of business generation as well as in participation. Last years “Property 2004” saw 19 builders and 3 housing finance Institutions participating in London Exhibition. In Dubai a total of 45 Developers and 5 housing Finance Institutions participated, which was the largest participation from Indian Real Estate in any real estate exhibition abroad.”
As the organisers, CREDAI and MCHI ensure complete transparency and assurance to the customers throughout the entire transaction and guarantee them the amenities and specifications as promised during the deal.
About CREDAI
  Confederation of Real Estate Developers Association of India (CREDAI) – It is the apex body representing associations of real estate and housing developers from all over India. Its purpose is to promote housing and real estate developments in an organized and cohesive manner and provide a liaison with government bodies to effectively represent the views and needs of the industry. It has more than 3000 members spread over more than 17 states in India.
About MCHI
MCHI is a member of CREDAI and India’s premier housing and developers associations in India. Established in 1982, in Mumbai, the commercial and construction capital of India, MCHI has a membership of 450 leading developers who account for 90% of the housing supply and Mumbai and its vicinity.
 
For Further Information Contact: Vinay / Edriech @ Abacus ICC:
Tel: 022-22855689 / 90. email: vinay@abacusicc.net





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